Suburb Profile Report for Bayswater WA (6053)

Bayswater House: Median price $555,000, Annual capital growth 2.08%, Number of sales 200, Weekly median advertised rent $395

Bayswater Unit: Median price $249,000, Annual capital growth 1.53%, Number of sales 33, Weekly median advertised rent $285

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

WA has seen average median house prices change by -2.74% which means that Bayswater, 6053 has not done well for property investors by showing a capital gain of -5.93% over the last year

Bayswater,6053 was ranked 2435 in Australia by increase in median property value over the quarter.

At number 291th of WA’s most discounted properties, Bayswater is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Bayswater have been waiting around 63.9103 days to sell a property.

The WA suburb of Bayswater, 6053 is in the Bayswater (C) local government area.

Investment property in Bayswater has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -25.45%

Taking the average capital gain, or increase in median house value, Bayswater,6053 has racked up an average of -25.45% over the period. This ranks it number 1502th in the whole country for real estate investors looking at median house price increases.

Bayswater6053 is located in WA which offers an average discount of -9.70% to property investors. Bayswater itself is showing figures that indicate -9.36% is the average achievable by property buyers investing in the suburb.

In the last year 33 properties changed hands in Bayswater, which puts it as the 52th most active market in WA when comparing the number of sales per suburb.

Using the current median advertised rental of $285 and the average annual increase in value of a median property of 1.53%, investors should hope to achieve an overall return of 5.95%

Metrics i HOUSE UNIT
$555,000 $249,000
-0.89% -23.50%
-5.93% -25.45%
2.08% 1.53%
$395 $285
200 33
3.70% 5.95%
63.9102564102564 58.6

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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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