OFF MARKET

2/5 Neilson Street
Bayswater VIC 3153

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 225m2
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Property Details for 2/5 Neilson St, Bayswater

2/5 Neilson St, Bayswater is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 225m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1990
Floor Size
86m2
Land Size
225m2
Local Government
Knox
Lot/Plan
2/SP27362

Last Listing description (August 2021)

Enviably situated in a highly sought-after precinct just a short walk from the heart of Bayswater, this single-level, 2-bedroom unit is undoubtedly the ultimate investment opportunity, or your ideal breakout into the property market.

Lined with picturesque gardens and a charming brick facade this unit is tucked away at the rear of a secluded & private residency. Inside a spacious family area filled with boundless natural light neighbours the kitchen & meals area. The kitchen is kitted out with wall-to-wall benchtops, stainless steel appliances & more cabinetry space than you'll know what to do with. The two generous robed bedrooms are seen to by the main bathroom which doubles as an en-suite for the master bedroom. Complete with sleek tiling, a shower and vanity, the main bathroom will be sure to impress. A private and tranquil rear yard area presents the optimum opportunity to establish your dream outdoor entertaining space.


Highlights include: AC & heating unit in main living, laundry, linen press storage and cupboard storage, garden shed and a single remote garage with rear access. Fabulously located just a short walk from Mountain High Shops, Bayswater Station, Bayswater Park, Bayswater Primary, Bayswater Secondary & Our Lady of Lourdes Primary.

Property History for 2/5 Neilson St, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$621,500
07 Jul 2021
Listed for Rent
$350/w
27 Aug 2019
  • 07 Jul 2021
    Sold for $621,500
  • 24 Jun 2021
    Listed for Sale $540,000 - $590,000
  • 22 Aug 2019
    Listed for Rent - Price not available
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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 9,047 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.
There are currently 42 properties listed for sale, and 13 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 303 properties were sold in the past 12 months in Bayswater.

Suburb Insights for Bayswater 3153

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.