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Back 5 Orchard Rd
Off Market

5 Orchard Rd

Bayswater VIC 3153

4
2
2
1054 m²
House
Last sold for $1,280,000
Philip ChackoPhilip Chacko, last sold this property on 15 January 2021 after 491 days on market.

Overview

A PRIME DEVELOPMENT SITE ZONED GRZ4

With around 1054m2 in the heart of Bayswater, this block is guaranteed to pique the interest of local developers with its GRZ4 zoning allowing for high density development (subject to council approval). Quality sites are becoming harder to come by every year which makes this one even more valuable - especially in a location just a stone's throw away from Bayswater Secondary College, Bayswater train station and all the local shops and eateries you could want. Furthermore, you can also access Eastland and Knox City shopping centres as well as Eastlink and the beautiful Mt Dandenong with all its hidden surprises. To keep holding costs down the existing 2 storey home can also be rented out during the planning phase and features 4 bedrooms, 2 bathrooms, 2 living areas and a double carport.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1054 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Bayswater over the last 12 months, the estimated median property value of 5 Orchard Rd is $1.06m.

Median value
$1.06m
Estimated value range
$688k - $1.9m
Median days on market
25
Estimated value trend
15%
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 Orchard Rd

2021
Sold
$1,280,000
15 Jan 2021 by Philip Chacko, of Ray White Ferntree Gully

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 4 bedroom houses in Bayswater

In the last 12 months, 55 four-bedroom houses similar to 5 Orchard Rd, have been sold.

This represents a 18% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Bayswater

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Dean Kehagias

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Daniel Cripps

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Kenneth Ooi

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  •   4.8   (85 reviews)
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Tom Tsiagalos

Sellers who recommend Tom Tsiagalos have praised them for being local expert, clear communication, honest, reliable, supportive, friendly and well-prepared

  •   4.9   (189 reviews)
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