868 Mountain HighwayBayswater VIC 3153
Property Details for 868 Mountain Hwy, Bayswater
Last Listing description (July 2019)
Located on the south side of Mountain Hwy, east of the Bayswater Shopping Centre and west of Jersey Rd, this future development site is currently occupied by 'Trik Trailers' under a lease set to expire September 2020, affording the astute purchaser sufficient time to undertake plans and permits to prepare for future development or occupation.
With main road exposure and improvements of approximately 520m , the property is being offered via Expressions Of Interest closing Thursday 27 June at 2 PM.
Returning $64,547.43 plus outgoings and GST, this property stands as both an excellent income source and future investment. Take advantage of this well-exposed, rare opportunity in this tightly held area.
Property History for 868 Mountain Hwy, Bayswater, VIC 3153
- 03 Jul 2019Sold for $1,268,000
- 28 May 2019Listed for Sale Not Disclosed
- 22 May 2015Transferred
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0About 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 9,150 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.
Suburb Insights for Bayswater 3153
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