29 King StreetBayswater VIC 3153
Property Details for 29 King St, Bayswater
29 King St, Bayswater is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 978m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Last Listing description (October 2017)
It's not every day that a huge 978.30sqm (approx.) block of land with Residential Zone 1 planning potential hits the Bayswater real estate market - so this property is certain to create a buzz.
Set in the attractive and highly sought after King Street precinct which is within walking distance to Bayswater shops and train station, this site is impeccably located and is already surrounded by quality new homes and sub-divisions which are bringing a high-class edge to the area.
Positioned opposite the lovely Marie Wallace park, the site is just a short stroll from Bayswater central, giving its lucky new residents easy access to public transport and shopping options but still being far enough away to escape the crowds and enjoy the tranquility this lovely part of the world is famous for.
From down-sizers, to commuters to investors, this unique site could offer housing to suit a wide variety of buyers and also present optimal rental yield.
The existing brick home on the site, with 3 bedrooms and 2 bathrooms, is well rentable in its current state.
An incredible opportunity for astute developers or investors to set their sights on an exciting new project - inquire today!
Keith Wilson : 0417 369 468
Property History for 29 King St, Bayswater, VIC 3153
- 02 May 2016Sold for $1,070,000
- 05 Apr 2016Listed for Sale AUCTION - SAT 30th April 11am (unless sold prior)
- 14 Jul 2015Listed for Sale Contact Agent
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0About 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 9,046 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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