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VIC › Bayswater › Oxford Rise

7 Oxford Rise, Bayswater VIC 3153

House

$1,245,000

Last sold

23 Mar 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

803 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,245,000 (23 Mar 2023).(Recorded sale)
  • FactLand 803 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bayswater (last 5 years) with land size: median $1,132/m² of land (n=34). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,245,000

23 Mar 2023 · derived via latest_sale

Local land rate: recorded House sales in Bayswater (last 5 years) with land size have a median of $1,132/m² of land (n=34). Districts calculation from recorded sales — not a valuation.

Bayswater at a glance

13,387

People

$883,500

Median sale

$582/wk

Median rent

3.43%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Bayswater report →

Vs Bayswater

+40.9%

Median sale

Suburb $883,500

-1.00 pp

Gross yield

Suburb 3.43%

Suburb median $883,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,245,00023 Mar 2023
  2. Listedprice unknowncompleted2 Mar 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $582/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bayswater in one glance

Bayswater at a glance

13,387

People

$883,500

Median sale

$582/wk

Median rent

3.43%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Bayswater report →

Keep researching

  • Why Bayswater? Read the area thesis →
  • What else is on the market in Bayswater →
  • Other records on Oxford Rise →

Listing material

Listed by LOCI Wantirna

Unsurpassable Indoor-Outdoor Living For A Fabulous Family

Affectionately known by some as the “Castle on the Hill”, this expansive family abode enjoys a prime position in one of Bayswater’s most tightly held pockets.

Resting on an elevated allotment of 802m2 (approx.) at the top of a private cul-de-sac, you’ll enjoy both immense privacy and sweeping views of the Melbourne CBD and Mornington Peninsula. The wonderful home boasts a well-considered floorplan that spans two generous levels. To the left of the entry is the first of the living areas, a substantial room that enjoys bursts of natural light and vistas to the home’s inviting outdoor spaces. Adjacent is an open plan zone comprising a combined family-dining area, and a large hostess kitchen with stainless steel appliances, a long breakfast bench, and a convenient walk-in pantry. In close proximity a dedicated study/office caters perfectly to those who work from home. Upstairs, you’ll continue to be delighted by the scope of what’s on offer. There is yet another flexible living space, this time being used as a home theatre with a roof mounted projector and a large screen which are iPad controlled; whether it’s the latest Netflix series, a blockbuster movie, or watching your sport of choice, it will be a favourite place for all members of the family to congregate. It is on this level that you will also find the home’s 4 bedrooms-2 bathrooms; a generous master with a sizeable walk-in robe and an indulgent spa ensuite, and three further robed bedrooms that share use of a central family bathroom. Amongst these is a balcony that’s accessible via double doors. Whether enjoying quiet reflection or watching the New Years Eve fireworks from your enviable vantage point, it’s yet another thing that sets this marvellous property apart from its competitors. In perfect complement to all that you’ve found indoors are the home’s enticing outdoor spaces. These include a paved undercover alfresco patio overlooking a sparkling inground swimming pool which enhanced by solar heating and salt chlorination. Lush tropical gardens surround the pool and the low maintenance yard meaning you have more time to enjoy all that’s on offer.

The homes credibility is further enhanced by inclusions such as ducted reverse cycle heating and air-conditioning, ducted vacuuming, a full-sized laundry with a laundry chute, a downstairs powder room, a water tank, a garden shed, and a remote double lock-up garage with internal access. Then there’s the peaceful location close to desirable amenities. These include local buses with rail links, Bayswater South Primary School, open green spaces and recreational facilities including Knox Leisureworks and Knox Basketball stadium, as well as shopping precincts like Westfield Knox, central Bayswater, and Boronia Mall and Village.

Read the full description

There can only be one new owner of this fabulous family offering, so inspect without delay to avoid disappointment.

Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Listing description written by Michael Hill, LOCI Wantirna — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.