Bayswater

POSTAL CODE: WA, 6053
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Property investors enjoyed capital gains of 19.66% over the last 12 months in BAYSWATER, translating to lower returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 5.7% growth over a ten-year period. It ranks 2897th on our list of suburbs that property investors should look into.

BAYSWATER, 6053 has a capital gain of 19.66% for the past year, which is higher than average compared to its 89.05% growth within a five-year period.

With the median home price in BAYSWATER sitting at $1,053,000, and the average rent at $730, property owners could potentially earn a 3.6% 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.

BAYSWATER, 6053 in WA belongs to the local government area of Bayswater.

Surburb overview

Bayswater is a suburb located approximately 6 kilometres northeast of Perth's central business district, within the City of Bayswater in Western Australia. Situated along the northern bank of the Swan River, it offers a blend of residential tranquillity and convenient access to urban amenities. 

Established in 1885, Bayswater has evolved from its early days of market gardens and dairies into a fully suburbanised area. The construction of the Fremantle significantly influenced the suburb's development–Guildford railway line in 1881, which spurred the founding of the Bayswater Estate. Over time, Bayswater transitioned from agricultural pursuits to a predominantly residential suburb. 

As of the 2021 census, Bayswater had a population of 14,432 residents, reflecting a 6.7% increase from 2011. The predominant age group is 30-39 years, and households are primarily couples with children. The area is characterised by a mix of families, professionals, and retirees, contributing to a diverse community profile. 

Bayswater boasts several parks and natural reserves, including the Baigup Wetlands, Eric Singleton Bird Sanctuary, and Riverside Gardens, offering residents ample outdoor activities and nature appreciation opportunities. 

The suburb features a variety of local shops, cafes, and restaurants, particularly around the town centre near King William Street and Whatley Crescent, providing a range of dining and shopping options. 

Bayswater is home to community centres, libraries, and recreational facilities that cater to diverse interests and age groups, fostering a strong sense of community engagement. 

Educational institutions in Bayswater include Bayswater Primary School and Hillcrest Primary School, catering to primary education. Secondary education options are available in neighbouring suburbs, with John Forrest Secondary College serving the area. 

Bayswater is well-served by public transportation. The Bayswater Train Station is located on the Midland Line, providing easy access to Perth's central business district and surrounding areas. Additionally, major roads such as Guildford Road and Tonkin Highway facilitate convenient travel by car. 

Bayswater's historical charm, natural beauty, and modern amenities make it a desirable suburb within the Perth metropolitan area. 

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