Bayview (postcode 2104) is a smaller residential area in New South Wales within the Northern Beaches local government area. It is home to about 3,807 residents, with an older demographic and a median age of 58. Households earn a median income of $98K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Scottish.
Median house prices in Bayview stand at $3.6 million, having surged by 30.9% over the last twelve months. Units have a median price of $3.9 million (-31.5% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,691.
Public transport access includes 25 bus stops. The crime rate in the Northern Beaches LGA is low at 1,515 incidents per 100,000 population.
From an investment perspective, Bayview shows a gross rental yield of approximately 1.1%, rated as low yield. Property prices are above the state median ($3.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 36.7x is considered stretched. House prices have moved +30.9% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.