3 Bungalook Road E, Bayswater North, VIC 3153 | Property Value & History | OnTheHouse
 
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3 Bungalook Road E
Bayswater North VIC 3153

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
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Last updated 25 May 2026
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Property Details for 3 Bungalook Rd E, Bayswater North

3 Bungalook Rd E, Bayswater North is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
House
Year Built
1975
Local Government
Maroondah
Lot/Plan
2/LP81059

Last Listing description (October 2024)

Pure potential in a central location

Seize this rare chance to acquire a prime piece of real estate with immense development potential (STCA) or knock down and rebuild your dream home. This expansive property with a large land size of 1100sqm (approx.) offers endless possibilities for savvy investors, developers, and visionaries looking to make their mark in a thriving neighborhood.

The property currently features a charming five-bedrooms home with ample natural light, spacious living areas, and a well layout kitchen and bathroom. Perfect for immediate rental income or renovate as a comfortable family residence for owner occupied or simply just knock down and rebuild your dream home.

Situated on a substantial 1,100 sqm (approx.) block, this property provides a blank canvas for a wide range of development options. Whether you're considering subdivision, townhouses, or a multi-unit complex, the possibilities are boundless (STCA).

The property also comes with 2 bathrooms and has extra spaces for parking or for those with large vehicle. Adding to its appeal it also comes with a granny flat at the back for extra storage.

Located in the highly sought-after Bayswater North area, this property benefits from excellent connectivity to major transport routes, including Eastlink and public transportation (walking distance to Bayswater Station), making it an ideal site for residential development. Enjoy the convenience of nearby amenities, including supermarkets, cafes, restaurants, and healthcare services. The vibrant local community ensures a high standard of living for future residents.

This property represents a unique investment opportunity with significant potential for capital growth. The large land size and strategic location make it an attractive proposition for developers looking to create high-quality residential projects in a booming market.

Bayswater North is a rapidly growing suburb with strong demand for quality housing. The area boasts excellent schools, shopping centers, parks, and recreational facilities, making it a desirable location for families and professionals alike.

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Property History for 3 Bungalook Rd E, Bayswater North, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$935,000
12 Sep 2024
  • 30 Jun 2024
    Listed for Sale Not Disclosed
  • 04 May 2020
    Listed for Sale $895,000 - $935,000
  • 21 Oct 2019
    Listed for Sale $895,000 - $935,000
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About Bayswater North 3153

The size of Bayswater North is approximately 6.6 square kilometres. There are 22 parks, covering nearly 6.8% of the total area. The population of Bayswater North in 2016 was 8789 people. By 2021 the population was 9014 showing a population growth of 2.6% in the area during that time. The predominant age group in Bayswater North is 30-39 years. Households in Bayswater North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater North work in a professional occupation.In 2021, 73.60% of the homes in Bayswater North were owner-occupied compared with 72.90% in 2016.

Bayswater North has 5,405 properties. Over the last 5 years, Houses in Bayswater North have seen a 12.54% increase in median value, while Units have seen a 19.42% increase. As at 30 April 2026:

  • The median value for Houses in Bayswater North is $955,944 while the median value for Units is $664,747.
  • Houses have a median rent of $600 while Units have a median rent of $545.
There are currently 12 properties listed for sale, and 6 properties listed for rent in Bayswater north on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Bayswater north.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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