2/9 Coorie Avenue, Bayswater VIC 3153

3-bed townhouse in Bayswater | owner-occupied complex | strong school catchments | 100% owner-occupied street This property positions well for a buyer seeking a low-maintenance townhouse in a tightly held complex where all four properties are owner-occupied, a rare configuration that typically reduces turnover and supports price stability. The 218 square metre land holding, while modest, is generous for a unit and offers a practical footprint for a family or downsizer. Its location within the Bayswater Primary and Secondary College catchments adds a demographic edge that aligns with the suburb’s 67% owner-occupier rate and above-median auction clearance of 80%. The property suits a buyer prioritising school access and a quiet, stable street over proximity to major transport or retail. The main risk is the absence of recent comparable sales within the complex, making the price guide of $790,000 to $860,000 reliant on broader unit data rather than local evidence. The 33% renter proportion in Bayswater suggests some tenant turnover pressure, though the street’s 100% owner-occupied status mitigates this. The opportunity lies in the property’s 144 square metre floor area, which is above average for a three-bedroom townhouse and could be leveraged through minor updates to improve resale appeal. Hold for medium-term capital growth driven by school demand and limited supply in the area.