39 Orchard Rd, Bayswater is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 953m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in June 2013.
Ripe for development in residential 3 zone. Astute developers will appreciate this substantial 952m2 (approx) allotment couldn't be in a better position within close walking distance to Bayswater Central. Redevelopment of this large residential block (subject to council approval) is an attractive proposition for those looking to build units/townhouses, with all services available, furthermore, there is an existing dwelling which could also be tenanted whilst you await plans and permits. The current dwelling features; three large bedrooms, spacious lounge with polished floorboards, fully-equipped kitchen with gas oven/stove, functional bathroom, gas ducted heating, evaporative cooling, awnings and single carport. Situated within walking distance to Bayswater Secondary College, Bayswater Primary School, reserves, Dandenong Creek Trail, train station and only several minutes to EastLink, this prime parcel of land in a highly tenantable location is well worth your utmost attention.
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 8,935 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:
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