1/16 Stud Road, Bayswater VIC 3153

1/16 Stud Road, Bayswater VIC 3153
2 bed, 1 bath, 2 car | street-front unit in Bayswater | rare parking allocation | ground-oriented, front-of-block position | suits first-home buyers and downsizers This unitโ€™s front-of-block position with its own street frontage is competitively strong in Bayswater, where many units sit mid-block or above ground level. The two-car allocation is a meaningful advantage for a compact unit, broadening its appeal beyond first-home buyers to downsizers and investors who prioritise parking. Its configuration and low-rise character fit comfortably within the suburbโ€™s established unit stock, offering a practical, low-maintenance option in a residential corridor that balances access to amenities with suburban feel. The property is best suited to buyers seeking a straightforward, well-positioned unit without the compromises of shared access or limited parking. The propertyโ€™s position on Stud Road may introduce traffic exposure and noise that could affect perceived value, particularly for buyers sensitive to road proximity. The absence of confirmed building age or internal finishes means the condition and quality of the unit remain unknown, which may influence price expectations. The two-bed, one-bath layout is standard for the area, but the parking edge may support a slight premium over comparable units with single spaces. Any value advantage will depend on how the propertyโ€™s street-front privacy and parking capacity are weighed against the trade-offs of a main-road location.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/16 Stud Road, 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

2

Bathroom

1

Parking

2

Land

223mยฒ

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