31 Warruga Avenue, Bayswater VIC 3153

31 Warruga Avenue, Bayswater VIC 3153
Large family block | pool and solar | study and rumpus | high owner-occupier street | Bayswater school zone. This property offers a rare combination of a 796 mยฒ parcel with a 40% building footprint, leaving substantial outdoor space rarely found in this price tier. The pool, solar panels, and multiple living areas (study, rumpus room) position it strongly for families seeking long-term utility without immediate renovation. Its location on a high owner-occupier street with reliable NBN and 5G coverage adds appeal for buyers prioritising lifestyle and connectivity. The price guide sits below some automated estimates, suggesting either a competitive auction strategy or condition factorsโ€”either way, it favours a prepared buyer who can act decisively. The main risk is the gap between the guide and the Domain estimate of $1.04 million, which may push the final price beyond $924,000, especially given Bayswaterโ€™s 77% auction clearance rate and 33-day average selling period. The pool and older construction could require maintenance costs not reflected in the guide. However, the large block offers future subdivision or extension potential if zoning permits, adding commercial logic for a buyer willing to hold. Use the inspections to assess condition thoroughly and bid with a firm ceiling based on comparable sales, not automated valuations.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 31 Warruga Avenue, Bayswater VIC 3153
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Market Insight:

Bayswater is an established residential suburb positioned for steady growth, driven by strong demand from young professionals and families. The housing market is robust, with solid capital growth and competitive days on market, reflecting sustained buyer interest. Future prospects are supported by its relative affordability and active sales activity, though the unit market presents a constraint, showing price volatility and weaker performance compared to houses.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

796mยฒ

Assessments Delivered Today

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