OFF MARKET

47 Kumala Road
Bayswater VIC 3153

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 159m2
Land area: 414m2
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Last updated 11 Nov 2024
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Property Details for 47 Kumala Rd, Bayswater

47 Kumala Rd, Bayswater is a 4 bedroom, 2 bathroom House and was built in 2023. The property has a land size of 414m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
2023
Floor Size
159m2
Land Size
414m2
Local Government
Knox
Lot/Plan
2/PS836894

Last Listing description (October 2020)

Located in the heart of Bayswater close to schools, parks, shops and public transport, this rare and recently titled, street fronted 416 sqm block of land on own title will sure to be snapped up quickly.
All services such as electricity, gas, water and NBN have already been connected along with drainage and crossovers completed, saving you significant time and dollars.
A section 173 agreement comes with the property to build a single storey, four-bedroom, 2 bathroom, 2 car home which will instantly realise great value for either selling when completed, or to enjoy the brand new home and quality floor plan for yourself.

Plans and 173 agreement are available so please contact Scott McAuliffe on 0431 939 321 to get all the plans and paperwork and/or arrange a time to meet and discuss.
This property is eligible for the government $25,000 Home Builder new construction grant if, the:
•building contract is signed before the 31st December 2020 and,
•construction starts within 3 months of signing the new build contract.
Act now!!
Please see below link for further eligibility criteria:

https://treasury.gov.au/sites/default/files/2020-06/Fact_sheet_HomeBuilder_0.pdf

Due to COVID-19 and Victoria's stage 3 lockdown, all inspections must be booked for private inspection only.

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Property History for 47 Kumala Rd, Bayswater, VIC 3153

A timeline of how this property has performed in the market
Last Sold
$481,000
29 Aug 2020
  • 29 Aug 2020
    Sold for $481,000
  • 24 Jul 2020
    Listed for Sale Auction

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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 9,046 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.
There are currently 45 properties listed for sale, and 13 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Bayswater.

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