Suburb Profile Report for Bayswater WA (6053)

Bayswater House: Median price $565,000, Annual capital growth 1.81%, Number of sales 212, Weekly median advertised rent $350

Bayswater Unit: Median price $308,500, Annual capital growth 1.75%, Number of sales 25, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Bayswater, 6053 have given investors a capital gain of -4.24%. This compares averagely with the -2.49% for WA as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Bayswater comes in at number 268th in WA.

LACK OF BUYER INTEREST may well be the reason that Bayswater is offering property investors an average of -8.07. This rate of discount on properties puts Suburb at number 288th in terms of most discounted suburbs in WA

In the last year 212 properties changed hands in Bayswater, which puts it as the 13th most active market in WA when comparing the number of sales per suburb.

If you compare the increase in value of investment property in Bayswater, 6053 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 11.37%.

Taking the average capital gain, or increase in median house value, Bayswater,6053 has racked up an average of 11.37% over the period. This ranks it number 1470th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Bayswater should be aiming for at least -10.94% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $2880 per annum or $240 every week.

Metrics i HOUSE UNIT
$565,000 $308,500
-0.88% 14.26%
-4.24% 11.37%
1.81% 1.75%
$350 $240
212 25
3.22% 4.05%
78.81 118.86

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 13525
Median household income ($/weekly) 1414
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1367 10.1
    25-34 years 2255 16.7
    35-44 years 2220 16.4
    45-54 years 1890 14.0
    55-64 years 1437 10.6
    Others 4357 32.2
    Age Group
    Census Count Percent(%)
    Not Married 4385 43.9
    Registered Married 4297 43.0
    Defacto Relationship 1305 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 8446 66.6
    Indonesia 365 2.9
    Papua New Guinea 387 3.1
    United Kingdom 1161 9.2
    Other 617 4.9
    Others 1704 13.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 324 2.7
    Christianity 7357 60.7
    Hinduism 237 2.0
    Islam 204 1.7
    No Religion 3873 31.9
    Others 133 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 376 7.8
    $400-$599 475 9.9
    $1,500-$1,999 586 12.2
    $2,000-$2,499 437 9.1
    $2,500-$2,999 543 11.3
    Others 2376 49.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4648 44.1
    Not in the labour force 3120 29.6
    Employed, worked part-time 2053 19.5
    Employed, away from work 435 4.1
    Unemployed, looking for work 293 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 853 11.9
    Professionals 1874 26.3
    Technicians & trades workers 1085 15.2
    Community & personal service workers 680 9.5
    Clerical & administrative workers 1071 15.0
    Others 1576 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 196 7.1
    Infants/Primary 927 33.8
    Secondary 569 20.7
    Technical or Further Educational Institution 315 11.5
    University or other Tertiary Institutions 633 23.1
    Others 106 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10305 83.3
    Semi-detached, row or terrace house, townhouse 1634 13.2
    Flat, unit or apartment 430 3.5
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2128 40.6
    Rented 1561 29.8
    Fully owned 1472 28.1
    Other tenure type 85 1.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals