Bayswater

Bayswater, VIC 3153, has a population of 12,262 with a diverse age range. The suburb offers a mix of housing options amidst a growing community. Residents enjoy convenient commuting options, with the majority opting for motor vehicles while others choose public transport or work from home. The suburb's educational advantage percentile for government schools is 53.2, indicating a moderate level of educational opportunity for students. For house investors, Bayswater presents a good opportunity with a high market absorption rate and moderate vacancy rate. The suburb has shown steady median price growth over the years. High buyer demand is reflected in the online search interest and room demand-supply ratio. For unit investors, while the rental yield is slightly higher compared to houses, the median unit growth has been fluctuating. Units also offer a good market absorption rate and low vacancy rate, providing a favorable investment environment. Bayswater, VIC 3153, is a vibrant suburb with diverse housing options and a growing population. Investors looking to capitalize on the steady growth of the suburb can find opportunities in both houses and units. Homeowners can enjoy the convenience of commuting options and educational facilities while being part of a thriving community. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022