Back 54 Elizabeth Street
Off Market

54 Elizabeth Street

Bayswater VIC 3153

3
2
2
976 m²
House
Last sold for $842,000
Daniel CrippsDaniel Cripps, last sold this property on 18 August 2026 after 19 days on market.

Overview

Unlock the Potential with Prime Opportunity in Bayswater

Positioned in one of the most connected pockets of Bayswater, this property presents a rare and versatile opportunity that will instantly appeal to growing families, first-time buyers, and astute investors alike. Offering the perfect blend of immediate comfort and outstanding future prospects, this home sits proudly on a generous, full-size allotment that comes loaded with immense potential for a premium multi-dwelling redevelopment or the creation of your ultimate dream home (STCA). Step inside to discover a highly functional and thoughtfully designed floorplan that maximizes space and effortless everyday flow. The accommodation features three well-proportioned bedrooms, including a spacious master retreat complete with its own private ensuite. The remaining bedrooms are well-serviced by a neat central family bathroom, ensuring absolute convenience for the whole household. Beyond the front door, the location offers an enviable lifestyle of total convenience. Families will love the close proximity to top-tier educational options, being situated within easy reach of Bayswater South Primary School, Our Lady of Lourdes School, and Bayswater Secondary College. Daily commuting is a breeze with the nearby Bayswater Train Station and local bus networks offering seamless transit links. When it comes to retail, dining, and entertainment, you are absolutely spoiled for choice with the vibrant Bayswater Shopping Village just moments away, while the expansive retail hub of Westfield Knox is only a short drive down the road. Whether you choose to move straight in and enjoy the functional family layout, lease it out for immediate rental returns, or unlock the incredible capital growth potential of a full-size block in a booming suburb, this property is a winning investment. Secure your future in a location that truly has it all.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
976 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 54 Elizabeth Street is $851.5k.

Median value
$851.5k
Estimated value range
$638k - $1.19m
Median days on market
25
Estimated value trend
-4%
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 54 Elizabeth Street

2026
Sold
$842,000
18 Aug 2026 by Daniel Cripps, of Barry Plant Wantirna

Happy sellers in Bayswater

87%
87% 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 54 Elizabeth Street, have been sold.

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