Property - Profile - Report 9 Derwent Drive Bayswater VIC 3153 221225130535807

9 Derwent Drive Bayswater VIC 3153
Date of report: 25 December 2022

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9 Derwent Drive Bayswater VIC
3153
2 2 1 130m2 310m2
Property Details
Lot/Plan LOT 2 PS329340 Property Type House
Year Built 1994 Council Area Knox
Zone GRZ2, General Residential Land Use Primary Detached Dwelling

Zone - Schedule 2
9 Derwent Drive Bayswater VIC 3153 CoreLogic Property Profile Report
© Copyright 2022 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property
rights) subsisting in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is
permitted. The information is deemed reliable but not guaranteed.
9 Derwent Drive Bayswater VIC 3153
Estimated Value
Estimated Value: Estimated Value Range: Estimated Value Confidence:
$775,000 $712,000 - $836,000

Low High
Estimated Value as at 12 December 2022. An automated valuation model estimate (Estimated Value) is a statistically
derived estimate of the value of the subject property. An Estimated Value must not be relied upon as a professional
valuation or an accurate representation of the market value of the subject property as determined by a valuer. For
further information about confidence levels, please refer to the end of this document.
Property Activity Summary

Date Activity Value Details
Sale Method: Sold At Auction, Sale Advised

19 Nov 2022 Sold $750,000
by: Government
Campaign period: 26/10/2022 - 18/11/2022,

Listing Type: Auction, Listed by: Adam
26 Oct 2022 For Sale Not Disclosed
Thompson, Noel Jones Real Estate, Days on
market: 25
Sale Method: Unknown, Sale Advised by:

11 Oct 1993 Sold $40,000
Government
Recently Sold Properties
11A Canterbury Court Bayswater North VIC 3153
2 2 2 - 294m2
Sale Price $850,000 Sale Method Private Treaty
Sale Date 23/08/2022 Days on Market 6
0.8km from property
1/10 Canterbury Road Heathmont VIC 3135
3 2 2 158m2 271m2
1.2km from property
19 Finlayson Street Ringwood East VIC 3135
3 2 2 127m2 358m2
1.4km from property
13 Glen Park Road Bayswater North VIC 3153
3 2 1 96m2 370m2
Sold Prior To
Sale Price $690,000 Sale Method
Auction
1.6km from property
Properties For Sale
4A Pentlowe Road Wantirna South VIC 3152
3 1 4 100m2 373m2
First Ad Price $680,000 To $750,000
Latest Ad Price $650,000 to $725,000
Listing Method Normal Sale Days on Market 1,161
2.2km from property
19A Central Avenue Croydon South VIC 3136
3 2 2 - 236m2
First Ad Price $760,000 - $790,000
Latest Ad Price Under Offer
Listing Method Normal Sale Days on Market 82
2.5km from property
38 Northam Road Wantirna VIC 3152
4 2 2 240m2 502m2
First Ad Price Not Disclosed
Latest Ad Price Contact Agent
Listing Method Auction Days on Market 133
1.9km from property
112A Dublin Road Ringwood East VIC 3135
4 2 2 - 319m2
First Ad Price Contact Agent
Latest Ad Price Not Disclosed
Listing Method Normal Sale Days on Market 179
2.2km from property
Properties For Rent
400 Canterbury Road Ringwood East VIC 3135
2 1 2 125m2 513m2
Rent Price $380/Week Days on Market 50
Campaign Period 06 Oct 2022 - 24 Nov
1.2km from property
1 Lisgoold Street Heathmont VIC 3135
3 2 1 113m2 467m2
Campaign Period 05 Nov 2022 - 10 Nov
1.6km from property
8B Victoria Road Bayswater VIC 3153
4 2 2 - 438m2
1.8km from property
2 Mareeba Crescent Bayswater VIC 3153
3 2 - 125m2 434m2
1.9km from property
Bayswater Insights - Houses
Year Ending Properties Sold Median Value Change in Median Value (12 months)
Sep 2022 135 $856,137 q 4.93%
Sep 2021 162 $900,608 p 26.12%
Sep 2020 86 $714,086 p 4.67%
Sep 2019 121 $682,167 q 7.39%
Sep 2018 148 $736,672 q 7.98%
Sep 2017 170 $800,597 p 21.92%
Median Value (monthly)
Property Sales by Price (Past 12 months) Median Days on Market
2022 2021
24 26
Median Vendor Discount
2022 2021
- 2.80%
Statistics are calculated over a rolling 12 month period
Bayswater Insights - Houses
Median Weekly Asking Rent Indicative Gross Rental Yield
2022 2021 2022 2021
$430 $430 2.63% 2.90%
Median Asking Rent (12 months)
Indicative Gross Rental Yield (12 months)
Disclaimers
This report is prepared by CoreLogic. The statements, information and opinions contained in this report are those of
CoreLogic only, and ING does not endorse or accept any liability for them. CoreLogic uses ING trademarks under
arrangement with ING.
Copyright
This publication reproduces materials and content owned or licenced by RP Data Pty Ltd trading as CoreLogic Asia Pacific
(CoreLogic) and may include data, statistics, estimates, indices, photographs, maps, tools, calculators (including their
outputs), commentary, reports and other information (CoreLogic Data).
Standard Disclaimer
The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or
relied upon in lieu of appropriate professional advice.
While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant
the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or
damage howsoever arising (including through negligence) in connection with the CoreLogic Data.
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at
http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5
http://creativecommons.org/licenses/by/2.5/au/legalcode.
Mapping Data
Any map that is produced is not intended or designed to replace the certificate of title or land survey information. If you
need a certificate of title or land survey information for any purpose then you can order these separately from CoreLogic or
the relevant government body.
Development Approval Data
Any data or information containing development approval information (Development Approval Data) has been obtained
from a variety of third party sources. The Development Approval Data: (a) is only available for about 60% of total building
consents in Australia due to limitations with the collection of this data; (b) relies on the accuracy of the description against
the Development Approval Data provided to CoreLogic by third parties; (c) may differ from the actual construction cost
(where it contains an estimated construction cost) and (d) any errors in entry of property details may lead to incorrect
Development Approval Data being provided and the recipient should always check the appropriateness of the information
contained in the development approval report against the actual property or surrounding properties (including physical
attributes of such property).
State and Territory Data

The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the
consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not
warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information
does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects
or omissions in the information supplied.
Estimated Value
An Estimated Value is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the
physical inspection of the subject property; (iii) without taking into account any market conditions (including building,
planning, or economic), and/or (iv) without identifying observable features or risks (including adverse environmental issues,
state of repair, improvements, renovations, aesthetics, views or aspect) which may, together or separately, affect the value.
An Estimated Value is current only at the date of publication or supply. CoreLogic expressly excludes any warranties and
representations that an Estimated Value is an accurate representation as to the market value of the subject property.
How to read the Estimated Value

The Confidence is based on a statistical calculation as to the probability of the Estimated Value being accurate compared
to market value. An Estimated Value with a ‘High’ confidence is considered more reliable than an Estimated Value with a
‘Medium’ or ‘Low’ confidence. The Confidence is a reflection of the amount of data we have on the property and similar
properties in the surrounding areas. Generally, the more data we have for the local real estate market and subject property,
the higher the Confidence’ level will be. Confidence should be considered alongside the Estimated Value.
Confidence is displayed as a colour coded range with red representing low confidence, through to amber which represents
medium confidence to green for higher confidence.
Low Medium High
If you have any questions or concerns about the information in this report, please contact our customer care team.
Within Australia: 1300 734 318

Email Us: customercare@corelogic.com.au

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9 Derwent Drive Bayswater VIC 3153

Date of report: 25 December 2022

Looking for great rates?

Apply online Call 1800 100 253 Visit ING Lounge

Lot/Plan LOT 2 PS329340 Property Type House

Year Built 1994 Council Area Knox

Zone GRZ2, General Residential Land Use Primary Detached Dwelling

9 Derwent Drive Bayswater VIC 3153 CoreLogic Property Profile Report

$775,000 $712,000 - $836,000

Property Activity Summary

Sale Method: Sold At Auction, Sale Advised

Campaign period: 26/10/2022 - 18/11/2022,

Sale Method: Unknown, Sale Advised by:

9 Derwent Drive Bayswater VIC 3153 CoreLogic Property Profile Report

Sale Price $850,000 Sale Method Private Treaty

Sale Date 23/08/2022 Days on Market 6

0.8km from property

1/10 Canterbury Road Heathmont VIC 3135

Sale Price $805,000 Sale Method Private Treaty

Sale Date 15/05/2022 Days on Market 49

1.2km from property

19 Finlayson Street Ringwood East VIC 3135

Sale Price $880,000 Sale Method Private Treaty

Sale Date 29/08/2022 Days on Market 13

1.4km from property

13 Glen Park Road Bayswater North VIC 3153

1.6km from property

9 Derwent Drive Bayswater VIC 3153 CoreLogic Property Profile Report

Latest Ad Price $650,000 to $725,000

Listing Method Normal Sale Days on Market 1,161

2.2km from property

19A Central Avenue Croydon South VIC 3136

Latest Ad Price Under Offer

Listing Method Normal Sale Days on Market 82

2.5km from property

38 Northam Road Wantirna VIC 3152

Latest Ad Price Contact Agent

Listing Method Auction Days on Market 133

1.9km from property

112A Dublin Road Ringwood East VIC 3135

Latest Ad Price Not Disclosed

Listing Method Normal Sale Days on Market 179

2.2km from property

9 Derwent Drive Bayswater VIC 3153 CoreLogic Property Profile Report

Rent Price $380/Week Days on Market 50

Campaign Period 06 Oct 2022 - 24 Nov

1.2km from property

1 Lisgoold Street Heathmont VIC 3135

Rent Price $560/Week Days on Market 6

Campaign Period 05 Nov 2022 - 10 Nov

1.6km from property

8B Victoria Road Bayswater VIC 3153

Rent Price $650/Week Days on Market 2

Campaign Period 07 Nov 2022 - 08 Nov

1.8km from property

2 Mareeba Crescent Bayswater VIC 3153

Rent Price $470/Week Days on Market 7

Campaign Period 02 Nov 2022 - 02 Nov

1.9km from property

9 Derwent Drive Bayswater VIC 3153 CoreLogic Property Profile Report

Sep 2022 135 $856,137 q 4.93%

Sep 2021 162 $900,608 p 26.12%

Sep 2020 86 $714,086 p 4.67%