5 Lawrence CourtBayswater VIC 3153
Property Details for 5 Lawrence Ct, Bayswater
5 Lawrence Ct, Bayswater is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 763m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Last Listing description (March 2016)
Sensationally positioned within the bowl of a quiet court setting enjoying imminent convenience to amenities, and with two separate dwellings offering dual rental income opportunities, this is indeed a sensational and lucrative prospect for the astute investor.
The front, original home has been stylishly refreshed and is all ready to be enjoyed - featuring polished hardwood floors, a naturally bright lounge with heating and air-conditioning plus a modern kitchen featuring chic tiling and a meals space, three carpeted bedrooms, an updated bathroom and laundry plus a detached spare room ideal as an extra living space, bedroom or storage area, and secure rear yard.
Separately metered for gas and electricity, the rear unit is both neat and comfortable, featuring an open plan living and dining area with kitchenette, a generous bedroom with walk-in robe and ensuite with laundry facilities, plus covered deck and courtyard - currently leased under a quality periodic tenancy.
Certain to attract interest, investors will want to act quickly to secure this superior rental opportunity, call to register your interest today!
Property History for 5 Lawrence Ct, Bayswater, VIC 3153
- 14 Sep 2015Listed for Rent $325 / week
- 11 Aug 2015Sold for $621,600
- 28 Jul 2015Listed for Sale Not Disclosed
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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.
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