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Investment Property Bayswater, VIC, 3153

Suburb Snapshot

Bayswater is a suburb in the Knox Region of Victoria. Bayswater has a population of 11,758 people and 28.40% of its occupants live in rental accommodation. The median listing price for houses is $800,000 and this has changed 0.75% over the past year and changed 3.22% over 2 years.

The median rent in Bayswater for houses is $550 per week and the median rental yield is 3.57%. Stock on the market for houses/townhouses has changed 42.42% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $590,000 and this has changed 7.27% over the past year. The average unit takes 44 days to sell and the median rent for a unit in Bayswater is $490 per week, producing a rental yield of 4.31%.

Supply & Demand in Bayswater, Knox

0.93%

Current vacancy rate


53

Rental stock available


11,758

Population


28.40%

Rental population


0.63%

Current vacancy rate


404

Rental stock available


154,106

Population


18.86%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Bayswater, Knox

  House Townhouses Units
Median listing price $800,000 $690,000 $590,000
Median price change - last quarter 1.26% 0.72% -1.67%
Median price change - 1 year 0.75% 6.15% 7.27%
Median price change - 2 years 3.22% -2.82% 18.00%
  House Townhouses Units
Median weekly rent $550 $630 $490
Median yield % 3.57% 4.74% 4.31%
Median rent change - 1 year 10.00% 16.66% 8.88%
  House Units
Previous month sales 18 7
Stock on market previous month 47 28
Stock variance vs. last year 42.42% 40.00%
Average days on market 68 44

Bayswater investment property listings

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