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

899 Mountain Highway
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 19737m2
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Property Details for 899 Mountain Hwy, Bayswater

Building Type
Land
Land Size
19737m2
Local Government
Knox
Lot/Plan
2/SP37018

Last Listing description (November 2023)

JLL is pleased to exclusively offer 899 Mountain Highway, Bayswater
For Sale via Expressions of Interest Closing Wednesday December 6th 2023 at 4pm.

Superbly positioned within a tightly held infill, high-tech, logistics & manufacturing precinct. The property offers exposure to one of the Easts key arterial roads and boasts high class amenities, genuine public transport links as well as proximity to EastLink & the Eastern freeway for ease of access throughout Melbourne's motorway network; underpinning appeal for current and future occupiers.

The 19,800m2 site is improved by five individually titled office/warehouses ranging between 745sq m and 3,124sq m for a total GLA of 10,834sq m.

Features include:
- 19,800sq m* site area
- 10,834sq m* GLA
- 5 x individually titled office/warehouses
- Fully let to 5 tenants with 100% occupancy
- Passing income 42% below assessed market levels
- Short WALE of 1.6years.
- Immediate access to part reversion.
- Suitable for refurbishment, value-add/further development in stages STCA^

For further information, please contact a member of the JLL team.
All areas are approximate ^subject to council approval.

Property History for 899 Mountain Hwy, Bayswater, VIC 3153

A timeline of how this property has performed in the market
  • 03 Nov 2023
    Listed for Sale Contact Agent
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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 9,167 properties. Over the last 5 years, Houses in Bayswater have seen a -3.68% decrease in median value, while Units have seen a 5.96% increase. As at 31 August 2026:

  • The median value for Houses in Bayswater is $844,708 while the median value for Units is $671,091.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 29 properties listed for sale, and 21 properties listed for rent in Bayswater on OnTheHouse. According to Cotality's data, 375 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.