Suburb Profile Report for Bayswater VIC (3153)

Bayswater House: Median price $761,250, Annual capital growth 8.42%, Number of sales 151, Weekly median advertised rent $410

Bayswater Unit: Median price $545,500, Annual capital growth 6.25%, Number of sales 87, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report
  • Unit Report

Property investors who have had real estate in Bayswater, 3153 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.83%

The five-year average increase in median property values for Bayswater,3153 has given property investors a potential capital gain of 65.49% across each of those five years.

Property investors looking for a bargain in Bayswater should be aiming for at least -4.98% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 12.58 sales per month, which equates to 151 per year.

With the median price for a house in Bayswater being $761250 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 2.80%

With a capital gain of 13.65% for the last 12 months, Bayswater, 3153 has performed for property investments than its average annual 6.25% property growth over the last 5 years.

The five-year average increase in median property values for Bayswater,3153 has given property investors a potential capital gain of 51.95% across each of those five years.

Bayswater3153 is located in VIC which offers an average discount of -5.51% to property investors. Bayswater itself is showing figures that indicate -3.17% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 6.25%, investors should hope to achieve an overall return of 3.53%

Metrics i HOUSE UNIT
$761,250 $545,500
-3.64% -2.59%
0.83% 13.65%
8.42% 6.25%
$410 $370
151 87
2.80% 3.53%
45.74 32.31

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 11240
Median household income ($/weekly) 1161
Median age of persons 38
Median housing loan repayment ($/monthly) 1600
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1183 10.5
    25-34 years 1857 16.5
    35-44 years 1634 14.5
    45-54 years 1380 12.3
    55-64 years 1326 11.8
    Others 3861 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 4094 47.7
    Not Married 3660 42.6
    Defacto Relationship 831 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 7539 70.0
    Croatia 259 2.4
    Indonesia 284 2.6
    United Kingdom 574 5.3
    Other 523 4.9
    Others 1585 14.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 351 3.4
    Christianity 6345 62.0
    Hinduism 216 2.1
    Other Religious Groups 134 1.3
    No Religion 3060 29.9
    Others 120 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 402 10.3
    $600-$799 390 10.0
    $800-$999 373 9.5
    $1,000-$1,249 406 10.4
    $1,500-$1,999 571 14.6
    Others 1769 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3662 41.0
    Not in the labour force 3036 34.0
    Employed, worked part-time 1628 18.2
    Unemployed, looking for work 318 3.6
    Employed, away from work 295 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 939 16.8
    Technicians & trades workers 1046 18.7
    Community & personal service workers 559 10.0
    Clerical & administrative workers 872 15.6
    Labourers 606 10.9
    Others 1559 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 142 6.2
    Infants/Primary 753 33.1
    Secondary 613 26.9
    Technical or Further Educational Institution 279 12.2
    University or other Tertiary Institutions 367 16.1
    Others 124 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8471 79.9
    Semi-detached, row or terrace house, townhouse 1296 12.2
    Flat, unit or apartment 823 7.8
    Caravan, cabin, houseboat 8 0.1
    House or flat attached to a shop, office 6 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1653 39.2
    Fully owned 1332 31.6
    Rented 1197 28.4
    Other tenure type 36 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals