Bayswater North is a mid-sized suburb in Victoria within the Maroondah local government area (postcode 3153). With a population of 9,014, the suburb has an established demographic with a median age of 38. Households earn a median income of $87K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Bayswater North is $899,000, having grown strongly 6.6% over the past year. Units have a median price of $680,000 (+12.4% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,835.
Bayswater North is served by 1 school, including 1 primary. The average ICSEA score is 1015, which is around the national average of 1,000. Public transport access includes 66 bus stops. The crime rate in the Maroondah LGA is moderate at 7,515 incidents per 100,000 population.
From an investment perspective, Bayswater North offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($899K/$875K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +6.6% year-on-year.
Bayswater North is a mid-sized suburb in Victoria within the Maroondah local government area (postcode 3153). With a population of 9,014, the suburb has an established demographic with a median age of 38. Households earn a median income of $87K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Bayswater North is $899,000, having grown strongly 6.6% over the past year. Units have a median price of $680,000 (+12.4% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,835.
Bayswater North is served by 1 school, including 1 primary. The average ICSEA score is 1015, which is around the national average of 1,000. Public transport access includes 66 bus stops. The crime rate in the Maroondah LGA is moderate at 7,515 incidents per 100,000 population.
From an investment perspective, Bayswater North offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($899K/$875K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +6.6% year-on-year.