FOR SALE
Private Sale ($420,000 - $462,000)

1/8 Sinclair Road
Bayswater VIC 3153

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
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Renovate, Re-develop or Invest!

Inspection by appointment only.
A rare opportunity sits in the heart of Bayswater with this original one-bedroom unit. This street fronting home features its own private driveway access and a long-term tenant already in place.
A perfect opportunity for an investor, renovator, first home buyer or developer looking knockdown and rebuild… the options are aplenty with this rare opportunity.
The freestanding home itself is a modest, original one bedroom, one bathroom unit with good size living and dining off a generous sized kitchen. Stepping outside we have a private rear and front yard space with street frontage and a double carport for ample car accommodation.
Enjoying a coveted position in a tightly held and highly sought-after pocket of Bayswater, this single-level residence couldn't be more conveniently located, within walking distance to the shops and Cafés of Bayswater Village, Bayswater Train Station, Schools, parks and reserves.
Whether you're a first home buyer, developer, downsizer or astute investor looking for an addition to the portfolio, I can assure this property will not disappoint!
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Property Details for 1/8 Sinclair Rd, Bayswater

1/8 Sinclair Rd, Bayswater is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The place is currently for sale with Barry Plant - Glen Waverley.

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Unit

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About Bayswater 3153

The size of Bayswater is approximately 7.9 square kilometres. It has 17 parks covering nearly 4.5% of total area. The population of Bayswater in 2011 was 11,240 people. By 2016 the population was 11,749 showing a population growth of 4.5% 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 2011, 69% of the homes in Bayswater were owner-occupied compared with 65.3% in 2016.

Bayswater has 8,938 properties. Over the last 5 years, Houses in Bayswater have seen a 18.62% increase in median value, while Units have seen a 22.16% increase. As at 30 September 2024:

  • The median value for Houses in Bayswater is $851,213 while the median value for Units is $656,106.
  • Houses have a median rent of $550 while Units have a median rent of $510.
There are currently 40 properties listed for sale, and 15 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 297 properties were sold in the past 12 months in Bayswater.

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Adrian Goegan
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Amanda Chen
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Barry Plant - Glen Waverley
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