685 Mountain Highway, Bayswater, VIC 3153 | Property Value & History | OnTheHouse
OFF MARKET

685 Mountain Highway
Bayswater VIC 3153

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 102m2
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Property Details for 685 Mountain Hwy, Bayswater

Building Type
Commercial
Floor Size
85m2
Land Size
102m2
Local Government
Knox
Lot/Plan
1/RP16840

Last Listing description (June 2013)

PRIME ENTRY LEVEL RETAIL INVESTMENT
Business Zone 1 - Retail
A high profile main road location with a premium Business 1 zoning centrally positioned in the heart of Bayswater commercial district with excellent transport links; minutes to Eastlink Tollway, Monash Freeway, and major arterial roads. Walk to Bayswater train station, bus depot, and extensive retail amenities including Mountain High Shopping Centre, Coles and Safeway.

Comprising a single level building of 92sqm approximately; a spacious and modern hairdressing salon featuring floating timber floorboards, two treatment rooms, galley kitchen with storage facilities, and good natural light.
??? A main road position in a high profile location; frontage to Mountain Highway.
??? A readily affordable investment at an entry price level.
??? Premium Business 1 zoning.
??? Current rental income of $12,826.80pa
??? Lease details: Three (3) years from 1st Jan 2012, with Annual Rental Reviews to CPI on 1st Jan 2014. Further option terms: Three (3) x Three (3) years.

Property History for 685 Mountain Hwy, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$261,000
20 Jun 2013
  • 20 Jun 2013
    Sold for $261,000
  • 27 May 2013
    Listed for Sale IN EXCESS OF $200,000
  • 05 Mar 2010
    Sold for $220,000
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About Bayswater 3153

The size of Bayswater is approximately 7.9 square kilometres. There are 17 parks, covering nearly 4.5% of the total area. The population of Bayswater in 2016 was 11758 people. By 2021 the population was 12262 showing a population growth of 4.3% in the area during that time. The predominant age group in Bayswater is 30-39 years. Households in Bayswater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater work in a professional occupation.In 2021, 63.40% of the homes in Bayswater were owner-occupied compared with 65.30% in 2016.

Bayswater has 9,170 properties. Over the last 5 years, Houses in Bayswater have seen a -0.64% decrease in median value, while Units have seen a 9.12% increase. As at 31 July 2026:

  • The median value for Houses in Bayswater is $859,409 while the median value for Units is $674,341.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 31 properties listed for sale, and 14 properties listed for rent in Bayswater on OnTheHouse. According to Cotality's data, 381 properties were sold in the past 12 months in Bayswater.

Suburb Insights for Bayswater 3153

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.