5 Orchard RoadBayswater VIC 3153
Property Details for 5 Orchard Rd, Bayswater
5 Orchard Rd, Bayswater is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1054m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (March 2022)
Inspect by Appointment.
Positioned in a prime location, this enormous parcel of land measuring 1053sqm approx. boasts a wide street frontage (22.5m. approx.) and is situated within Bayswaters Major Activity Centre. Resting on the site is a classic weatherboard home, certain to appeal to buyers with a vision and some creative inspiration. Whilst the home is spacious, neat and tidy and could easily be lived in while plans and permits were being organised through council; the real value is in the land, providing developers their perfect blank canvas to either design luxury townhouses or an impressive multi-storey apartment complex with basement car parking (all STCA). In a lifestyle location moments from Bayswater Primary School, Secondary College and Train Station, close to buses, Mountain Highway Shopping Village, Marie Wallace Bayswater Park, Dandenong Creek and cycling track. Whatever your plans, this is one opportunity not to miss!
Property History for 5 Orchard Rd, Bayswater, VIC 3153
- 16 Jan 2021Sold for $1,280,000
- 22 Dec 2020Listed for Sale Contact Agent
- 14 Feb 2019Listed for Sale Contact Agent
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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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