Back 11 Mitre Crescent
Off Market

11 Mitre Crescent

Bayswater VIC 3153

3
1
919 m²
House
Last sold for $780,000
Wayne SewellWayne Sewell, last sold this property on 20 July 2026 after 66 days on market.

Overview

Prime Bayswater Development Opportunity 919 Sqm with Multi-Unit Potential (STCA)

*** UNDER OFFER *** 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.

Features

3 bedrooms
1 bathroom
919 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bayswater over the last 12 months, the estimated median property value of 11 Mitre Crescent is $856.5k.

Median value
$856.5k
Estimated value range
$638k - $1.19m
Median days on market
25
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Bayswater. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11 Mitre Crescent

2026
Sold
$780,000
Private Sale/Treaty on 20 Jul 2026 by Wayne Sewell

Happy sellers in Bayswater

88%
88% of sellers in Bayswater reported that their sale price either exceeded or met their price expectations.

Bayswater stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 55 reviews in Bayswater over the last 12 months.

Local market activity for 3 bedroom houses in Bayswater

In the last 12 months, 74 three-bedroom houses similar to 11 Mitre Crescent, have been sold.

This represents a 4% decrease in three-bedroom houses sales when compared to the previous 12 months.

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