Back 4 Mitre Crescent
Off Market

4 Mitre Crescent

Bayswater VIC 3153

3
1
720 m²
House
Last sold for $830,000
Krystal ChandlerKrystal Chandler, last sold this property on 14 April 2026 after 19 days on market.

Overview

Corner Block in a Prime Bayswater Pocket

Positioned on a generous 720sqm (approx.) corner allotment, this exceptional Bayswater opportunity delivers outstanding potential for those ready to capitalise on a prime parcel of land. With the added advantage of dual street access, the property opens the door to a range of possibilities, from a luxury new home build to a multi-dwelling development (STCA). Whether you’re an investor, builder, or developer, the value here lies in the land. The existing dwelling presents a clear opportunity for a knockdown and complete transformation, allowing you to unlock the full potential of this highly sought-after site. Perfectly suited for redevelopment, the corner position enhances design flexibility, access, and future resale appeal. Envision contemporary townhouses, a bespoke family residence, or a smart investment project tailored to the growing demand in this thriving pocket. Located in a highly convenient setting, the property is just moments from local shops, popular cafés, quality healthcare services, and well-connected public transport options; ensuring strong lifestyle appeal for future occupants. Opportunities like this are increasingly rare. Secure a substantial landholding in a prime Bayswater location and bring your vision to life.

Features

3 bedrooms
1 bathroom
720 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 4 Mitre Crescent 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 4 Mitre Crescent

2026
Sold
$830,000
14 Apr 2026 by Krystal Chandler, of Barry Plant Wantirna

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 51 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 4 Mitre Crescent, have been sold.

This represents a 6% decrease in three-bedroom houses sales when compared to the previous 12 months.

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