OFF MARKET

68 Railway Parade
Bayswater WA 6053

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 976m2
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Property Details for 68 Railway Pde, Bayswater

68 Railway Pde, Bayswater is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 976m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1970
Floor Size
123m2
Land Size
976m2
Local Government
Bayswater
Lot/Plan
17/D031768

Last Listing description (December 2018)

CURRENTLY BEING CONSIDERED TO BE RE ZONED TO HIGH DENSITY - R80 (MINIMUM!) For more information please contact the Strategic Planning Department at the City of Bayswater.
Attention developers! This property is currently a MASSIVE DUPLEX SITE (zoned R25) but if you aren't in a hurry then it may be worth your while seeing how the current re zoning changes may affect the property!
As a result of the Bayswater train station re development (construction due to commence in 2019) this property is in an area that is currently being considered for a HUGE ZONING CHANGE! The council has advised us it is likely to be R80 - AT A MINIMUM!

The future is certainly looking bright for Bayswater, so whether the zoning is R25 or changes to R80 or more - we don't think you can go wrong with this site!
Features:
- 976sqm of land
- 3 - 4 bedroom rentable brick home with large living area, dining/kitchen, laundry and carport
- Current zoning R25 - massive duplex site
- Currently being considered for re zoning (R80 - at a minimum)
- 500m to Bayswater train station, cafes, shops, schools & parks
- Bayswater train station re development construction due to commence 2019!
All offers to be presented on or before 5pm on Tuesday 11 December 2018 if not sold prior.
R25 zoning - sub divisibility of current block is subject to all necessary approvals.
Future re zoning changes is currently under review - please contact the City of Bayswater for further information.

Property History for 68 Railway Pde, Bayswater, WA 6053

A timeline of how this property has performed in the market
Last Sold
$550,000
27 Nov 2018
  • 27 Nov 2018
    Sold for $550,000
  • 14 Nov 2018
    Listed for Sale EOI From $599,000
  • 13 Sep 1999
    Sold for $143,000
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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.

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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.