107/13 Highmoor Avenue, Bayswater VIC 3153
107/13 Highmoor Avenue, Bayswater VIC 3153
2-bed apartment | sub-$500k entry | Bayswater convenience | low-maintenance living | modern finishes
This property offers a rare entry point into Bayswater’s medium-density market, combining contemporary finishes with a compact, efficient layout. The modern kitchen, stone benchtops, and split-system heating and cooling reduce immediate upkeep costs, making it a practical choice for first-home buyers or investors seeking steady rental demand. Its position within a quiet, leafy pocket yet close to the shopping precinct, train station, and multiple schools gives it a convenience advantage that appeals strongly to owner-occupiers who value walkability over land size. The 2-bedroom, 1-bathroom configuration suits singles, couples, or downsizers, and the basement parking and storage cage add functional value often missing in this price tier.
The value of this property may be shaped by its floor position and outlook, which are not confirmed. A ground-floor unit with a courtyard might attract those wanting private outdoor space, while an upper-floor unit could command a slight premium for light and views. The absence of a confirmed land size and the shared nature of the complex mean resale will depend more on internal condition and presentation than on land attributes. Buyers should weigh how the unit’s specific position within the building affects privacy and noise, as these factors could influence both liveability and future demand.
|| Comparable Sales: 106/13 Highmoor Avenue sold $390,000; 1/13 Highmoor Avenue estimated $432,000 | Property Price Band: $400,000–$500,000 | Value Drivers: modern condition, floor position, proximity to transport and schools
Detailed Independent Property Report prepared by PropCred Analyst team for 107/13 Highmoor Avenue, Bayswater VIC 3153
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Bayswater, 29km east of Melbourne, is an established residential and light-industrial suburb. Demand centres on 30-39 year olds with upper-middle incomes. Houses lead the market: median $928,000, 7.1% annual growth, and sales roughly 26 days on market — 21% faster than nearby Wantirna South. Units lag, with a $567,500 median and a -3.9% quarterly dip. Rents are firm: houses $600 weekly, units $510, with house yields of 3.5-4.2%. The key risk is unit softness; house growth has momentum but rate sensitivity could test affordability.
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PropCred Estimated Value
Comparable Sales: 106/13 Highmoor Avenue sold $390,000; 1/13 Highmoor Avenue estimated $432,000 | Property Price Band: $400,000–$500,000 | Value Drivers: modern condition, floor position, proximity to transport and schools
Bedrooms
2
Bathroom
1
Parking
1
Land
971m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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