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Perth CBD-proximate Bayswater draws smart investors
Bayswater offers strong growth potential for investors due to its lifestyle amenities, upgraded infrastructure, affordable housing, and proximity to Perth CBD, according to SPI’s FAST 50 report.
Bayswater is among the top suburbs listed in Smart Property Investment’s 2026 FAST 50 report for savvy investors.
The FAST 50 report is an annual publication by Smart Property Investment designed to identify 50 Australian suburbs with strong growth potential over the next 12 months.
It combines expert insights from trusted property investors and real estate networks with detailed data analysis to highlight under-the-radar opportunities for investors.
Unlike traditional reports, the FAST 50 focuses on future potential rather than past performance, offering investors a clear starting point for their research and due diligence.
Located about 6 kilometres north-east of Perth, Bayswater is a vibrant riverside suburb that offers an appealing lifestyle with easy access to the city’s amenities.
Known for its heritage-listed homes, tree-lined streets, and mix of young professionals, families, and retirees, Bayswater blends historic charm with modern living.
The suburb features landmarks like the Swan River and the upgraded Bayswater train station, which enhances connectivity and attracts buyers and investors alike.
Bayswater also boasts excellent amenities, including parks, shops, the Bayswater Waves recreation centre, and a thriving café culture that fosters strong community engagement.
The local property market is diverse, with both period homes and new developments, ensuring high demand and long-term capital growth potential.
Bayswater’s median dwelling price reaches $891,500, with an average annual growth rate of 17.30 per cent.
The rental market is also attractive, with the suburb recording a median rent of $700, representing a yield of 4.10 per cent, attracting many interstate investors.
Capital Property Advisory buyer’s agent, Matthew Hughes, said that Bayswater was an affordable option near Perth with a strong demand for family homes.
“It’s proximity to Perth CBD, improving infrastructure, and increasing gentrification have been ideal for investors eyeing the area.”
As Western Australia continues to attract investors, Bayswater is well-positioned to benefit from ongoing infrastructure developments and regional economic advancements, making it a promising suburb for sustained growth.
Check all the suburbs in the FAST 50 report here.
