Bayswater is an established suburb in Western Australia within the Bayswater local government area (postcode 6053). It is home to about 15,288 residents, with an established family demographic and a median age of 39. Households earn a median income of $106K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. WA employment has moved +2.4% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, 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 healthcare and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Bayswater is $1.2 million, having jumped by 22.3% over the past year. Units have a median price of $400,000 (+11.1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,000.
Bayswater is served by 4 schools, including 3 primary, 1 special. The average ICSEA score is 1071, which is above the national average of 1,000. Public transport access includes 2 rail stations, 89 bus stops.
Looking at the investment signals, The gross rental yield works out to roughly 3.3%, which reads as moderate yield. Property prices are near the state median ($1.2M/$1.0M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +22.3% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.