SOLD
Sold on 05 Mar 2024 for $896,500

4/10 Melrich Road
Bayswater VIC 3153

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 307m2
Sold By
Appleby Real Estate
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Property Details for 4/10 Melrich Rd, Bayswater

Building Type
Commercial
Land Size
307m2
Local Government
Knox
Lot/Plan
4/SP24519

Last Listing description (March 2024)

Appleby Commercial is pleased to offer 4/10 Melrich Road, Bayswater to the market for sale.

This is a great opportunity to secure this well located and very functional warehouse.

Features of the property include:

Total Floor Area: 310m2
Electric roller door
High clearance
Mezzanine storage space
Good vehicle access
Office area
3 phase power

Property History for 4/10 Melrich Rd, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$896,500
05 Mar 2024
  • 05 Mar 2024
    Sold for $896,500
  • 09 Feb 2024
    Listed for Sale Contact Agent
  • 20 Dec 2019
    Sold for $565,000
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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 31 properties listed for sale, and 11 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 316 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.