Back 5/2 Coorie Avenue
Off Market

5/2 Coorie Avenue

Bayswater VIC 3153

2
1
1
167 m²
Unit
Last sold for $585,000
Thinh CuThinh Cu, last sold this property on 18 February 2026 after 42 days on market.

Overview

Set & Forget Investment with Long Lease in Prime Location

Leased until 15 October 2026, this is a truly hassle-free opportunity for investors seeking immediate returns with long-term security. Simply purchase and step straight into an established tenancy. Privately positioned at the rear, this charming two-bedroom unit delivers light-filled living, low-maintenance comfort and everyday convenience. A private entrance leads into a sun-bathed living area, where large glass sliding doors open onto a north-facing elevated deck, creating the perfect space to relax or entertain while overlooking the spacious, secluded rear courtyard. The modern kitchen is well appointed with tiled splashbacks and generous storage, seamlessly connecting to the adjoining dining area for effortless day-to-day living. Two robed bedrooms are serviced by a stylishly updated bathroom featuring a shower over bath, integrated laundry facilities and direct outdoor access. Comfort and practicality are enhanced by split-system heating and cooling, solar panels, secure storage, a single carport, and easy-care surrounds. Positioned for lifestyle convenience, the home is within walking distance of Mountain High Shopping Centre, Bayswater Station, Marie Wallace Park and local schools, making it an attractive option for both tenants and future owner-occupiers. FEATURES • Light-filled 2-bedroom, 1-bathroom unit • 4 x LIFX Downlights in the living room, 1 in the hallway and 1 in the bathroom • Secure lease in place until October 2026 • North-facing living flowing to elevated deck • Updated kitchen & bathroom with laundry facilities • Generous private rear courtyard • Split-system heating & cooling • Solar panels, secure storage & single carport

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
167 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Bayswater over the last 12 months, the estimated median property value of 5/2 Coorie Avenue is $657k.

Median value
$657k
Estimated value range
$470k - $816k
Median days on market
21
Estimated value trend
6%
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 5/2 Coorie Avenue

2026
Sold
$585,000
18 Feb 2026 by Thinh Cu, of Ray White Ferntree Gully
2025
Rented
Undisclosed
Leased on 30 Jun 2025 by Ray White Ferntree Gully
2023
Sold
$487,500
22 Jan 2023 by Lee Fenech, of hockingstuart Ringwood

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 2 bedroom units in Bayswater

In the last 12 months, 33 two-bedroom units similar to 5/2 Coorie Avenue, have been sold.

This represents a 37% decrease in two-bedroom units sales when compared to the previous 12 months.

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