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  4. Bayswater

Bayswater 3153

Market analysis for investment properties in Bayswater

Median Price

$958,500

Trend:Accelerating
+8.9%
Median Rent

$620/pw

Trend:Accelerating
+7.8%
Rental Yield

3.36%

Trend:Decelerating
-1.2%
Median DoM

27 Days

Trend:Decelerating
-19.7%
Market Analysis

Why investors are watching Bayswater right now.

In Bayswater, Victoria, there is a range of shopping options, including Bayswater Village Shopping Centre, which features a supermarket, cafes, and various specialty stores catering to everyday needs. Additionally, Westfield Knox, a major shopping destination in the area, offers a wide selection of retail outlets, restaurants, and entertainment facilities.

Families looking to settle in Bayswater have access to several reputable schools, such as Bayswater Primary School and Bayswater South Primary School for primary education. For secondary schooling, students can attend Bayswater Secondary College, known for its academic programs and extracurricular activities.

Bayswater is well-connected to the Melbourne CBD via public transport. The Bayswater Train Station, located on the Belgrave line, provides direct train services to the city, offering a convenient commute for residents. In addition, bus services operated by Ventura Bus Lines connect Bayswater to surrounding suburbs and transport hubs.

Nature enthusiasts will appreciate the green spaces surrounding Bayswater, including the nearby Dandenong Ranges National Park. Residents can explore walking trails, picnic areas, and scenic lookout points within a short drive from the suburb. Bayswater is also close to Jells Park, a popular recreational area with playgrounds, BBQ facilities, and serene lake views.

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Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Bayswater often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Knoxfield

32km from center

Median Price

$1.07m

+14.8%

Rental Yield

3.2%

Gross annual

Wantirna

32km from center

Median Price

$1.21m

+9.9%

Rental Yield

3.0%

Gross annual

Heathmont

31km from center

Median Price

$1.14m

+9.0%

Rental Yield

3.0%

Gross annual

Strategy by LighthousePA

Where will Bayswater be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Bayswater, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
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  • Buyers Advocacy
  • Property Negotiation
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LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Bayswater
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Investment Insights & FAQ

Frequently asked questions about the Bayswater property market in 2026.

As of March 2026, the Bayswater property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 8.92% and units have grown by 2.55%. These figures reflect the evolving demand within Knox, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Bayswater range from $958,500 for houses to $702,500 for units. These values are calculated based on recent transaction data and current buyer activity across the Knox region.

For investors targeting cash flow, houses rent for $620 /pw with a 3.36% yield, while units rent for $567.5 /pw with a 4.2% yield. This rental performance is a key indicator of strong tenant demand within the Bayswater area.

Market Insights Last Updated: March 2026