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Bayswater North suburb profile

Bayswater North is an established, predominantly residential eastern Melbourne suburb that sits where suburban streets meet the green foothills of the Dandenong Ranges. The suburb is characterised by tree-lined streets with post-war weatherboard and brick homes alongside more recent brick townhouses, creating a practical, family-friendly feel. Many residents are families and downsizers who value larger yards, neighbourhood parks and local sporting clubs. Everyday needs are met by small shopping strips and community facilities nearby, while commuters use Bayswater station on the Belgrave and Lilydale lines or major roads for access to the wider metropolitan area.

Bayswater North property market performance

Current median dwelling price$747,000Past 3 months

Property growth+3.8%Past 12 months

Bayswater North has relatively few recent unit sales, so there isn't enough recent data to publish a reliable median unit price. On the house side, the median house price is $870,000, up a solid 9.1% over the last 12 months.

Over the last 3 months 27 houses and 9 units sold. Houses had a median days on market of 17 over the last 12 months and units 19 over the same period, so they sold in a similar time.

The rental market in Bayswater North had average house rent of $600 a week and average unit rent of $500 a week over the last 12 months. Unit rents rose a modest 2.0% over the last 12 months.

HousesUnits
Median price
Past 3 months
$870KN/A
Change in value
Past 12 months
9.1%-1.5%
Sold
Past 3 months
279
Median days on market
Past 12 months
1719
Average rent
Past 12 months
$600$500
Change in rent
Past 12 months
N/A2.0%

5 year median price trend for houses and units

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Bayswater North demographics

The community numbers 9,014 people, with a median age of 38 and a median household income of $1,675 a week, roughly $87,100 a year.

Household composition is family-focused. Couple families with children are the largest group at 46.0%, and together with couple families without children (33.8%) they represent about four in five families. One-parent families make up 18.5% and other families account for 1.8%.

Homes in Bayswater North are predominantly owner-occupied: 28.6% are owned outright and 46.3% are owned with a mortgage, a combined 74.9% owner-occupied, while renters comprise 25.1% of households.

Suburbs near Bayswater North

Some popular suburbs near Bayswater North include:

  • Kilsyth South: Semi-rural suburb with leafy streets and access to the Dandenong foothills.
  • Kilsyth: Established suburb with extensive reserves and tree-lined streets.
  • Croydon South: Predominantly residential suburb with substantial reserves and a relaxed atmosphere.
  • Bayswater: Well-established suburban centre with a rail station and varied housing.
  • Croydon: Large suburb defined by a main shopping strip and extensive parkland.

How does Bayswater North compare to nearby suburbs?

  • Median house prices: Bayswater North’s median house price is 3.3% higher than Kilsyth’s.
  • Median unit prices: Bayswater North’s median unit price is 12.1% lower than Kilsyth’s.
  • House price growth: Over the past 12 months, house prices in Bayswater North have grown 7.1% higher than in Kilsyth South.
  • Unit price growth: Property prices in nearby Kilsyth have risen 4.0% more than in Bayswater North over the past year.
  • Selling speed for houses: Properties in Bayswater North are selling 10.5% faster than in Croydon South.
  • Selling speed for units: Properties in Bayswater North are selling 5.0% faster than in Bayswater.
  • Investment considerations: In Bayswater North, the rental yield for house is 5.4% lower than the Melbourne average, while the rental yield for units is 15.3% lower.
  • House price growth: Over the past 12 months, house prices in Bayswater North have grown 11.7% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Bayswater North have grown 10.4% higher than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Bayswater North

In Bayswater North ,104 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 17.4% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.71% and 2.57%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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