SOLD
Sold on 15 Nov 2024 for $850,000

26 Myrtle Street
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 165m2
Land area: 745m2
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Property Details for 26 Myrtle St, Bayswater

Building Type
Land
Year Built
1980
Floor Size
165m2
Land Size
745m2
Local Government
Knox
Lot/Plan
5/LP51179

Last Listing description (September 2024)

Seize the opportunity for an outstanding return with this 745m parcel of prime residential land. Ideally situated in a central location, this land offers unparalleled convenience being close to schools, shops, and public transport, and comes with approved plans for three two-story townhouses.This is an exciting prospect for developers, builders, and astute investors to secure a substantial parcel of land with completed design and detail work.Architectural Features:Three Town Residences: Each townhouse is designed to maximize the use of the allotment, featuring separate ground-level entries.Spacious Layouts: Each residence includes four bedrooms, two bathrooms, and a secure garage.Modern Urban Lifestyle: The designs highlight generous, open-plan living and dining spaces, a fully fitted kitchen and laundry, and second-level accommodations with a central bathroom and full ensuite.2 minutes drive to Bayswater Primary School3 minutes drive to Bayswater Secondary College2 minutes drive to Our Lady of Lourdes Primary School3 minutes drive to Bayswater West Primary School450 meters to Bayswater Shopping Centre550 meters to Bayswater Train Station2 minutes drive to Marie Wallace Bayswater Park6 minutes drive to Westfield KnoxEnjoy the convenience of a leisurely stroll to local restaurants and cafes, making this a highly desirable location for future homeowners. This property represents a unique and profitable investment opportunity with all the hard work already done for you.

Property History for 26 Myrtle St, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$850,000
15 Nov 2024
Listed for Rent
$400/w
28 May 2016
  • 15 Nov 2024
    Sold for $850,000
  • 17 Jun 2024
    Listed for Sale Not Disclosed
  • 11 May 2021
    Sold for $900,000
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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 9,055 properties. Over the last 5 years, Houses in Bayswater have seen a 13.10% increase in median value, while Units have seen a 16.12% increase. As at 30 November 2024:

  • The median value for Houses in Bayswater is $861,617 while the median value for Units is $653,984.
  • Houses have a median rent of $573 while Units have a median rent of $510.
There are currently 29 properties listed for sale, and 12 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in Bayswater.

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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.