18 Marlborough RoadBayswater VIC 3153
Property Details for 18 Marlborough Rd, Bayswater
18 Marlborough Rd, Bayswater is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 730m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (November 2023)
Introducing a lucrative development opportunity in the highly sought-after suburb of Bayswater. Located at 18 Marlborough Road, this property offers a substantial land size of 730m2, presenting excellent potential for subdivision (Subject to Council Approval).
The existing residence boasts three bedrooms, two car spaces, and one bathroom. While you plan and prepare for your development project, this charming home can serve as a comfortable living space. Explore the option of renovating the existing property to enhance its appeal, or seize the opportunity to create multiple dwellings or units to cater to the thriving property market (Subject to Council Approval).
Situated within walking distance of Bayswater Primary School and Bayswater Secondary College will afford families flexibility. Easy access to Bayswater Station, Mountain High Shopping Centre, and local bus transport ensures this property is in prime position.
Please note that developers are advised to conduct their due diligence, including obtaining the necessary permits and approvals from local authorities, to ensure compliance with all relevant regulations and guidelines.
Don't miss out on this exceptional development opportunity! Contact us today to discuss your plans and explore the potential that 18 Marlborough Road, Bayswater holds for your next successful project. Act now and secure your stake in this prime location.
Property History for 18 Marlborough Rd, Bayswater, VIC 3153
- 16 Aug 2023Listed for Sale Auction
- 08 Jul 2023Sold for $676,000
- 14 Jun 2023Listed for Sale Auction
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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 9,049 properties. Over the last 5 years, Houses in Bayswater have seen a 16.13% increase in median value, while Units have seen a 18.85% increase. As at 31 October 2024:
- The median value for Houses in Bayswater is $859,109 while the median value for Units is $657,475.
- Houses have a median rent of $560 while Units have a median rent of $510.
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