AREA REPORTS

Bayswater North

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 4.58% over the last 12 months in BAYSWATER NORTH, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.86% growth over a ten-year period. It ranks 580th on our list of suburbs that property investors should look into.

BAYSWATER NORTH, 3153 has a capital gain of 4.58% for the past year, which is lower than average compared to its 64.53% growth within a five-year period.

With the median home price in BAYSWATER NORTH sitting at $726,800, and the average rent at $405, property owners could potentially earn a 2.9% increase in gross rental yield.

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

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $726,800 $518,029
GROWTH REPORT
Median Quarterly -0.06% -0.57%
Median 12 month 4.58% 10.81%
Median 3 years 38.37% 37.23%
Median 5 years 64.53% 61.88%
10 years average annual 7.86% 7.32%
Weekly media advert. rent $405 $360
Time on Market 39.6 days 27.6 days
Gross Rental Yield Percent 2.9% 3.61%
demographics (median values)
Total Population
7919
Weekly Household Income
996.2
Household Size
2.50
demographics
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