VIC/
Bayswater

Suburb Profile

Bayswater - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3153

house
unit

Based on its average 5-year and quarterly capital gains BAYSWATER, 3153 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that BAYSWATER, 3153 obtained a 9.75% growth over a ten-year period. It ranks 59th on our list of suburbs that property investors should look into.

BAYSWATER, 3153 in VIC belongs to the local government area of Knox.

BAYSWATER, 3153 has a capital gain of 13.32% for the past year, which is lower than average compared to its 70.37% growth within a five-year period.

With the median home price in BAYSWATER sitting at $724,000, and the average rent at $380, property owners could potentially earn a 2.73% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BAYSWATER are low, as opposed to average gains per annum over the past five years.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $724,000 $475,000
GROWTH REPORT
Median Quarterly 2.84% 1.6%
Median 12 month 13.32% 4.8%
Median 3 years 50.83% 29.16%
Median 5 years 70.37% 29.43%
10 years average annual 9.75% 6.41%
Weekly media advert. rent $380 $350
Time on Market 34.1 days 57.7 days
Gross Rental Yield Percent 2.73% 3.83%
demographics (median values)
Total Population
10735
Weekly Household Income
960.4
Household Size
2.50
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