Bayview is a smaller suburb in New South Wales within the Northern Beaches local government area (postcode 2104). With a population of 3,807, the suburb has an older demographic with a median age of 58. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Bayview is $3.5 million, having surged 24.7% over the past year. Units have a median price of $3.9 million (-31.5% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.3%. 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 1,499 incidents per 100,000 population.
From an investment perspective, Bayview offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 36.1x is considered stretched. House prices have moved +24.7% year-on-year.
Bayview is a smaller suburb in New South Wales within the Northern Beaches local government area (postcode 2104). With a population of 3,807, the suburb has an older demographic with a median age of 58. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Bayview is $3.5 million, having surged 24.7% over the past year. Units have a median price of $3.9 million (-31.5% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.3%. 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 1,499 incidents per 100,000 population.
From an investment perspective, Bayview offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 36.1x is considered stretched. House prices have moved +24.7% year-on-year.