Back 12 Derwent Drive
Off Market

12 Derwent Drive

Bayswater VIC 3153

3
1
2
734 m²
House
Last sold for $955,000
Peter NicollsPeter Nicolls, last sold this property on 13 October 2025 after 35 days on market.

Overview

LAND OF OPPORTUNITY!

Auction Saturday 11 October 2025 at 11.00am Builders, Developers and Investors, your next project awaits you! Opportunity to generate rental income whilst prepare plans and permits for two townhouses. (STCA) Great block size of 17m x 43.2m. Total area 734m2 Featuring 3 bedrooms, rectangular living room, hostess kitchen with loads of cupboards, gas cooktop and upright oven. Main bathroom with bath, vanity and shower. External bungalow, double garage and shed. Within close proximity to Bayswater Village shopping centre, railway station, secondary college, primary school, Dandenong Creek Bike Trail, Heathmont Golf Course, and parkland. The three R’s an educated choice Renovate, Rent or Redevelop Price range $800,000- $850,000 Terms 10% deposit. Balance due 60 – 90 days. Always contact Peter Nicolls 0418 311 048

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
734 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 12 Derwent Drive is $900k.

Median value
$900k
Estimated value range
$705k - $1.2m
Median days on market
25
Estimated value trend
4%
increase 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 12 Derwent Drive

2025
Sold
$955,000
13 Oct 2025 by Peter Nicolls, of KR Peters Officer
2020
Sold
$700,000
30 Oct 2020 by Peter Nicolls, of KR Peters Wantirna South

Happy sellers in Bayswater

90%
90% 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 50 reviews in Bayswater over the last 12 months.

Local market activity for 3 bedroom houses in Bayswater

In the last 12 months, 71 three-bedroom houses similar to 12 Derwent Drive, have been sold.

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

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