OFF MARKET

39 Sinclair Road
Bayswater VIC 3153

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 1004m2
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Property Details for 39 Sinclair Rd, Bayswater

39 Sinclair Rd, Bayswater is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1004m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
1960
Floor Size
140m2
Land Size
1004m2
Local Government
Knox
Lot/Plan
38/LP11689

Last Listing description (May 2020)

** PLEASE NOTE All inspections must be conducted by making a time direct with the agent. Please contact ASAP to arrange a time**

Properties of this nature are highly sought yet rarely found.

This prime allotment of 1,004sqm approx. offers the chance for the astute buyer to execute a number of exciting options (STCA). The site is currently occupied by a move in ready home with five bedrooms-two bathrooms, a generous living-dining space and with ample kitchen.

The home is currently leased for $1629 per month and is currently on a month to month lease. Developers however will see exceptional value in the expansive parcel that the home sits on. There is scope to use the land as a three-unit site and capatilise on the demand for units and townhouses in the immediate area.

The amenity rich location of the property is an additional bonus. It's in close proximity to Bayswater Railway Station, local shopping precincts, a number of schools and parks and recreation facilities. Make your enquiries now and secure the chance to decide the future of this exceptional property.

Property History for 39 Sinclair Rd, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$798,000
25 Mar 2020
Listed for Rent
$350/w
14 Sep 2016
  • 25 Mar 2020
    Sold for $798,000
  • 03 Mar 2020
    Listed for Sale Contact Agent
  • 02 Aug 2016
    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 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:

  • 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 43 properties listed for sale, and 17 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 301 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.