This property is Off Market
With an average age of 40, households expect an average monthly mortgage payment of $2,037 or a weekly rent payment of $431. The average family earns a weekly income of $2,277 with a typical household size of 3.1 and a 97.87% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Bayswater are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Bayswater provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Bayswater to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Bayswater we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Bayswater a better buying opportunity than it may have been in the past.
(Country of Birth not stated 0%)
Bayswater a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
47 / 100
52 / 100
Industry
16 / 100
17 / 100
Population
22 / 100
32 / 100
House Prices
56 / 100
70 / 100
Jobs
34 / 100
34 / 100
Incidents Trend State Average
Fairhills High School
Knoxfield, VIC, 3180 State 7-12
Bayswater Primary School
Bayswater, VIC, 3153 State Prep-6
St Joseph's Primary School
Boronia, VIC, 3155 Independent Prep-6
Fairhills Primary School
Ferntree Gully, VIC, 3156 State Prep-6
Our Lady of Lourdes School
Bayswater, VIC, 3153 Independent Prep-6
Knox Central Primary School
Boronia, VIC, 3155 State Prep-6
Boronia West Primary School
Boronia, VIC, 3155 State Prep-6
Bayswater West Primary School
Bayswater, VIC, 3153 State Prep-6
Bayswater South Primary School
Bayswater, VIC, 3153 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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