FOR SALE
$770,000 to $845,000

1 Fallons Way
Bayswater VIC 3153

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 721m2
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MULTIPLE DWELLING POTENTIAL!

You have the rare opportunity to own this freshly painted, three bedroom family home set in a great location on a corner block of 720 sqm (approx.).
The city of Knox is one of the most highly sought after Melbourne East areas and this unassuming house is ready and waiting for you to call it home.
All of the bedrooms have robes and there is a centrally located bathroom with a separate toilet. The formal lounge room is large and the dining area adjoins the sun filled kitchen. Gas ducted heating and air conditioners offer year round comfort.
Enjoy entertaining outside in the fully fenced garden allowing the kids and your pets to play safely. There is also plenty of off-street parking.
There are so many options …. Further renovate and/or build an additional new townhouse (STCA) or remove the current house and start from scratch. It really is the perfect place to start building your investment portfolio or your dream home.
Located in a quiet pocket within walking distance to Bayswater shops, primary and secondary schools, this home is sure to suit your needs.
When thinking of buying, selling, leasing or renting, contact First National Real Estate Hogan Riverso, specialising in properties within the City of Knox. Contact us on 9763 9000.
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Property Details for 1 Fallons Way, Bayswater

1 Fallons Way, Bayswater is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 721m2. The place is currently for sale with First National Hogan Riverso - Scoresby.

Building Type
House
Land Size
721m2

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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 8,937 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 16 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 300 properties were sold in the past 12 months in Bayswater.

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Claude Riverso
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Catherine Hogan
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First National Hogan Riverso - Scoresby
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