Market snapshot
Suburb insights for Bayswater3153
Change suburbBayswater is located 26 km east of the CBD. Located between the Dandenong Creek in the north and Boronia Road in the south Bayswater is a mixed-use suburb. The Belgrave Railway line bisects the suburb dividing residential and industrial land uses. A large proportion of Bayswater's labour force is involved in manufacturing some of whom would work in the local industries such as Dunlop Vulcan and Siemans. The suburb also features Bayswater Park.
Recent sales and auction results in Bayswater
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 4 Grandview Gr, Bayswater | 3 |  | House (Res) | Auction Sale | 20/07/2024 | Barry Plant | View |
| 15 Marlborough Rd, Bayswater | 4 |  | House (Res) | Auction Sale | 20/07/2024 | Justin James RE | |
| 2/9 Lance Rd, Bayswater | 4 |  | Townhouse (Res) | Passed in at Auction | 20/07/2024 | Harcourts Malvern East |
Sales data
Median sale price
$818k
Quarterly price change
-3.3%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Bayswater | Metro comparison |
|---|---|---|
| 2 | $727,500 | $902,500 |
| 3 | $847,500 | $810,000 |
| 4 | $950,000 | $955,000 |
| Insight | Bayswater | Metro comparison |
|---|---|---|
| Clearance rate | 85% | 73.8% |
| Days on market | 26 | 42 |
Rental data
Median weekly rent
$550
Rental yield
3.3%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Bayswater | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $530 | $540 |
| 4 | $620 | $580 |
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