OFF MARKET

50 Milne Street
Bayswater WA 6053

Bedrooms: -
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 1920m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 50 Milne St, Bayswater

50 Milne St, Bayswater is a bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1920m2 and floor size of 140m2.

Building Type
House
Floor Size
140m2
Land Size
1920m2
Local Government
Bayswater
Lot/Plan
88/D086864

Last Listing description (October 2015)

This block is located in one of the most attractive streets of Bayswater. Just down the road from river and bordering with Maylands it proudly holds the highest level around. You even have city glimpses from this block. It comes with DA approval as well as energy efficiency report and engineering drawings which means you could start the construction straight away. Plans are for 3bed 2 bath dbl gge single store property.
Property Buyers:
If you are first home buyer take an advantage of $10K government grant as well as no stamp duty. Thats savings of over $15,000. Also house and land packages are available from $549,000.

Investors/ Developers:
With all approvals in place you could start the construction as soon as possible. We also offer house and land package as mentioned above. By investing in this property $550,000 and renting it at the current market you could probably achieve a rent return of approx. $400 per week. This would almost pay your entire mortgage monthly repayments (we did not include any deposit that you may need to get the loan which would reduce the amount of $550,000 mentioned above).
Real Estate Agents:
I am willing to sign open agency agreement with any agent that can introduce a genuine buyer and also I will pay the full commission of 2.2% inc. GST.

Property History for 50 Milne St, Bayswater, WA 6053

A timeline of how this property has performed in the market
  • 29 May 2015
    Listed for Sale $359,000 NEGOTIABLE

Commute Calculator

About Bayswater 6053

The size of Bayswater is approximately 9.8 square kilometres. It has 40 parks covering nearly 15.1% of total area. The population of Bayswater in 2011 was 13,525 people. By 2016 the population was 14,436 showing a population growth of 6.7% 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, 67% of the homes in Bayswater were owner-occupied compared with 67.7% in 2016.

Bayswater has 8,721 properties. Over the last 5 years, Houses in Bayswater have seen a 79.08% increase in median value, while Units have seen a 116.41% increase. As at 31 October 2024:

  • The median value for Houses in Bayswater is $973,373 while the median value for Units is $518,158.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 53 properties listed for sale, and 9 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Bayswater.

Suburb Insights for Bayswater 6053

Market Insights
Bayswater Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bayswater Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.