Get a property report and suburb profile for any property in Bayswater

Bayswater is an established inner north-eastern Perth suburb with a compact town centre and easy access to riverside parkland on the Swan River. Its streets mix early 20th century weatherboard cottages and California bungalows with more recent infill townhouses, so the built fabric suits renovators, young families and professionals who want character alongside convenience. The suburb is served by a local train station on the Midland line, a regular bus network, and a centre with cafes, everyday shops and community facilities amid leafy streets.

Home to about 15,288 people with a median age of 39, Bayswater is weighted towards families and is largely owner-occupied (around 72% of homes). The area has been a focus of METRONET works, including an elevated interchange at the station, and there are active town-centre redevelopment plans and proposed upgrades to the aquatic and community centre precincts. Whether Bayswater suits you will depend on how much you value character housing, riverside parks and good public transport links.

In Bayswater, buying sits well above what local households earned at the last Census: the median house price of $1,226,000 is about 11.6 times a typical local annual household income at the last Census, and the median unit price of $674,500 is about 6.4 times that income. Renting looks less stretched than buying but still significant: a house at $750 a week would take about 36.8% of a typical local household's weekly income at the last Census, a sizeable share, while a unit at $600 a week would take about 29.5% of that income.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Both houses and units in Bayswater recorded strong value gains over the past 12 months: median house values rose 21.8% and median unit values rose 19.4%. Rents told a different story. House rents increased 7.1% while unit rents fell 3.2%.

For someone weighing Bayswater as an investment, the figures point to substantial capital growth for both property types over the year, while rental income has been mixed, stronger for houses and weaker for units. Which of those outcomes matters most will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.