16 Church St, Bayswater is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 977m2 and floor size of 215m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
SOLD AND MORE WANTED, CALL 0432 279 165
Superbly positioned within Bayswaters Activity Centre, this high-density 977m2 (approx.) allotment boasts a conventional rectangular block and the opportunity to develop up to three-levels, across townhouses or an apartment complex (STCA).
The first-rate location allows for an easy stroll to Bayswaters many major points of interests including the recently revamped Bayswater Station (500m), Bayswater Secondary College (200m), and Woolworths (250m). Consider the close vicinity to such amenities as a highlight for any future redevelopments, which should ensure good buyer interest.
The present house itself is a solid three-bedroom home currently being tenanted out long-term on a month-to-month basis, with the flexibility to keep the tenant on or to purchase with vacant possession.
The Bayswater housing market is rising rapidly and there is an increasing need for homes within this leafy suburb. Sites of this nature are now more valuable than ever to meet the growing demands, take advantage of its growth and secure yourself a prospective gold mine!
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 8,931 properties. Over the last 5 years, Houses in Bayswater have seen a 22.59% increase in median value, while Units have seen a 29.02% increase. As at 31 July 2024:
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