19/641 Mountain Highway, Bayswater VIC 3153
19/641 Mountain Highway, Bayswater VIC 3153
Well positioned townhouse | back from Mountain Highway | three bedrooms two bathrooms | Bayswater Village walkable | complex privacy
This townhouse offers a rare configuration for its price bracket, with two master suites and an open-plan layout that suits both owner-occupiers and tenants. Its position well back in the complex reduces road noise while retaining proximity to Bayswater Village and the train line, a combination that strengthens resale appeal. The modern kitchen and floorboards remove immediate renovation pressure, meaning a buyer can move in or lease without capital outlay. It serves best a professional couple, small family, or investor seeking low-maintenance holding with solid rental demand from the transport corridor.
The main risk is the complex itself, as multiple units at the same address can dilute exclusivity and slow capital growth compared to standalone stock. Buyers should verify body corporate fees and any upcoming special levies, as these directly affect holding costs. The $660,000 to $725,000 range is competitive, but the property was last sold in 2017, so a building inspection is advised to confirm no deferred maintenance. Opportunity lies in its dual-master layout, which commands premium rent per room. Hold for steady yield and moderate growth, or occupy and benefit from the locationโs convenience without paying for a detached house premium.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
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.