SOLD
Sold on 01 Feb 2024 for $1,100,000

2 Alwyn Street
Bayswater VIC 3153

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 1000m2
Sold By
Wayne Sewell
Appleby Real Estate
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Property Details for 2 Alwyn St, Bayswater

Building Type
Land
Floor Size
155m2
Land Size
1000m2
Local Government
Knox
Lot/Plan
21/LP8540

Last Listing description (February 2024)

Calling all developers and investors! We have an exciting opportunity for you. Located at 2 Alwyn Street, Bayswater, this residential development site presents endless possibilities. With a generous land size and sought-after location, this property is ready for your vision to come to life.

Situated in the heart of Bayswater, this property offers convenience and lifestyle. With easy access to local amenities, schools, and transport options, it is perfect for families and professionals alike.

Within the Bayswater Design & Development Zone, this property is a fantastic opportunity for developers to create something truly special (STCA). Whether you are looking to build townhouses, units, or your dream family home, the possibilities are endless. Don't miss out on this rare chance to secure a prime development site in Bayswater.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.

Property History for 2 Alwyn St, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$1,100,000
01 Feb 2024
  • 01 Feb 2024
    Sold for $1,100,000
  • 27 Nov 2023
    Listed for Sale $1,200,000 - $1,300,000
  • 08 Jul 2020
    Transferred
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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 9,050 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 19 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 299 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.