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83 Scoresby Road, Bayswater VIC 3153

$1,050,000-$1,150,000

Search Band Search Visibility Band

$1M - $1.1M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 2 Cars 1000 m²

Listed: yesterday

Overview

Located on a substantial approximately 1,000 square metre landholding in the convenient and well-connected Bayswater area, this updated three-bedroom house extends an exceptional opportunity for both homeowners and developers alike. The property is enhanced by approved plans and permits for the addition of three townhouse units, making it a compelling proposition for investment or future development.

The residence itself combines classic brick veneer construction with modern updates. Its bright and functional design includes three well-proportioned bedrooms and a central bathroom, catering neatly to a family or downsizer with practical living requirements. The home boasts a light-filled lounge area featuring a split-system heating and cooling setup, ensuring comfort throughout all seasons. Off the kitchen, ample storage space and quality appliances contribute to a well-equipped culinary environment, perfect for everyday living.

The property's generous street frontage offers excellent presence and accessibility in a thriving suburb known for its local shops, schools, and transport links, making daily convenience a key lifestyle feature. Outdoor spaces provide potential for landscaping or outdoor entertaining, accommodating various family and recreational needs.

Approximately 1,000 sqm land size, offering significant development potential.
Approved plans and permits for three additional double-storey townhouses.
Comfortable three-bedroom home with central bathroom.
Light-filled main living with heating and cooling.
Well-positioned in a sought-after Bayswater location.

This property could appeal to developers looking to capitalise on current approvals, investors seeking a combination of existing rental income and future asset growth, or families and individuals desiring a spacious home with redevelopment possibilities. The blend of a functional home and substantial land offers versatility and long-term value in one of Bayswater's accessible precincts.

Enquire now to explore this comprehensive offering and its considerable potential in a suburb known for its lifestyle amenities and growth prospects.

Local Market Insights

In Bayswater, Quiet Listings observed 13 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $930,769. The property type mix of listed properties is predominantly Houses at 46%, followed by units (29%), and townhouses (14%). The most active agency for houses in the Bayswater area is currently Ray White, representing 38% of new listings, followed by Jellis Craig with 23%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.