OFF MARKET

4 Neilson Street
Bayswater VIC 3153

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 1093m2
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Property Details for 4 Neilson St, Bayswater

4 Neilson St, Bayswater is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1093m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Floor Size
106m2
Land Size
1093m2
Local Government
Knox
Lot/Plan
8/LP20998

Last Listing description (October 2023)

This property offers an amazing investment opportunity located on a prime allotment of 1093m2. Whether you are looking to find somewhere to live and enjoy, to secure an excellent investment property to perhaps develop later or seize an opportunity to develop further into a dual occupancy or even a multi dwelling site (STCA), this wonderful property offers something for everyone. Developers especially will see exceptional value in this expansive parcel of land to capitalise on the very high demand for units and townhouses in the immediate area.

Behind a white picket fence sits a comfortable weatherboard family home comprising three generous sized bedrooms, spacious kitchen with electric cooking appliances, large separate dining area, lounge room and updated bathroom. Features include ducted heating, air-conditioning, floorboards and plenty of off-street parking.

However, you decide to utilise this excellent investment opportunity, rest assured you're certain to relish the first class location on the doorstep of Mountain High Shopping Centre, Bayswater Station, Marie Wallace Park, Bayswater Primary, and Bayswater Secondary College.

Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

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Property History for 4 Neilson St, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$925,000
16 Aug 2023
Listed for Rent
$360/w
07 Feb 2020
  • 16 Aug 2023
    Sold for $925,000
  • 08 Jun 2023
    Listed for Sale Not Disclosed
  • 17 Apr 2021
    Sold for $990,000
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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 8,931 properties. Over the last 5 years, Houses in Bayswater have seen a 22.59% increase in median value, while Units have seen a 29.02% increase. As at 31 July 2024:

  • The median value for Houses in Bayswater is $830,438 while the median value for Units is $642,691.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 34 properties listed for sale, and 10 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Bayswater.

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