1/6 Elmhurst Road, Bayswater North VIC 3153
1/6 Elmhurst Road, Bayswater North VIC 3153
Compact two-bedder with own frontage | walkable to station and trail | low-maintenance modern finish | suits first-home, downsizer, investor demand
The property’s main competitive edge is its rare combination of own street frontage within a small, well-kept enclave, giving it a more private, house-like feel than most units in the area. It sits at the practical end of Bayswater North’s housing mix, where newer townhouse-style stock is increasingly common but still limited compared to older detached homes on larger blocks. That positioning makes it a strong fit for buyers prioritising convenience and upkeep over land size, particularly first-home buyers wanting a secure entry point, downsizers trading garden maintenance for proximity to the trail and station, or investors seeking steady rental interest from commuters and small households.
Value may be shaped by how the internal layout and finish compare to recent townhouse sales in the immediate street, where smaller two-bedroom units have transacted in the low-to-mid $600,000s. The absence of a confirmed land size or floorplan means the final price could hinge on whether the property offers a private courtyard or outdoor space that matches buyer expectations for this product type. Rental demand in the mid-$500s per week supports a reasonable yield, but the compact footprint and limited open space might cap upside compared to larger townhouses nearby, so buyers should weigh the trade-off between modern presentation and long-term land value.
|| Comparable Sales: 2-bed unit at 34/26-32 Elmhurst Road sold for $604,000; 4-bed townhouse at 1/41 Elmhurst Road sold for $945,000 | Property Price Band: $600,000–$700,000 | Value Drivers: own frontage, modern condition, proximity to station and trail
Detailed Independent Property Report prepared by PropCred Analyst team for 1/6 Elmhurst Road, Bayswater North VIC 3153
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Bayswater North presents as a steady, family-oriented market with solid fundamentals. Demand is anchored by owner-occupiers seeking larger homes, evidenced by consistent sales activity across multiple bedroom configurations. The market demonstrates resilient price growth for houses, though conditions show signs of normalisation with extended selling periods and a divergence in performance between houses and units. Future prospects are supported by sustained transaction volumes, yet affordability pressures and a softening auction market for units present clear constraints to watch.
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PropCred Estimated Value
Comparable Sales: 2-bed unit at 34/26-32 Elmhurst Road sold for $604,000; 4-bed townhouse at 1/41 Elmhurst Road sold for $945,000 | Property Price Band: $600,000–$700,000 | Value Drivers: own frontage, modern condition, proximity to station and trail
Bedrooms
2
Bathroom
1
Parking
1
Land
164m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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