11 Mitre Crescent
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About this property
Positioned in a quiet and well-established pocket of Bayswater, 11 Mitre Crescent presents an exceptional opportunity for builders, developers, and land buyers seeking a substantial residential development site in a high-demand location. Set on approximately 919 square metres of land, the property offers outstanding scope for redevelopment, with potential for a 34 unit project (STCA). The existing dwelling is in original condition and requires significant renovation works, making this an ideal proposition for those looking to clear the site and maximise its future potential. A key advantage of the property is the absence of a vegetation overlay, providing greater flexibility and simplifying the planning process for future development outcomes (STCA). Property Features: Land area: 919 square metres approx. Potential 34 unit development site (STCA) No vegetation overlay Quiet residential location Ideal new home or townhouse redevelopment opportunity Strong demand precinct with excellent future upside Conveniently located close to local schools, parks, shopping facilities, public transport, and major road networks, this is a rare opportunity to secure a sizeable development site within one of Melbourne's continually growing eastern suburbs. For further information or to arrange an inspection, contact Wayne Sewell on 0403 524 683 or email wayne@appleby.com.au.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Land Area
- 919 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Bayswater
This 3-bedroom house in Bayswater, VIC 3153 sits within reach of public transport, local shops and nearby schools. It is listed 13% below the $920,800 median of 58 comparable houseswithin 5 km.
Schools near Bayswater
- Bayswater Primary Schoolprimary · Prep-6 · CoEd
- Bayswater South Primary Schoolprimary · Prep-6 · CoEd
- Bayswater West Primary Schoolprimary · Prep-6 · CoEd
- Our Lady of Lourdes Schoolprimary · Prep-6 · CoEd
- Bayswater Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Sydney Rd/Mountain Hwy (bus) — 1.6 km away
- Enhance Beauty — 1.7 km away
- Larne Avenue Reserve — 1.5 km away
- Sydney Road Reserve — 1.6 km away
- Unnamed — 1.7 km away
Bayswater at a glance
Full suburb profile- Population
- 12,262
- Median age
- 38
- Household income
- $1,598/wk
- Median rent
- $375/wk
- Median mortgage
- $1,820/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Bayswater price trend
Median sold · House 3 bed
Compound growth -0.7% / yr over 4 yrs
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Price history
Listing price changes
2 price changes recorded for this property
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