Bayswater

Bayswater, located approximately 29 km east of Melbourne’s Central Business District, falls within the City of Knox. This suburb is known for its blend of residential charm and commercial convenience, offering a family-friendly environment with a strong sense of community.

Demographic Profile

• Population: According to the 2021 census, the population of Bayswater was 12,262.
• Predominant Age Group: The suburb is popular among the 30-49 age group, catering well to families and working professionals.
• Median Household Income: Reflects the average for the Melbourne metropolitan area, with a good balance of affordability and lifestyle.
• Occupancy: Features a mix of homeownership and rentals, with a slightly higher tendency towards ownership.

Real Estate and Growth

• Median House Prices: The median house price in Bayswater is around AUD 750,000.
• Median Unit Prices: Units in Bayswater are more affordable, with a median price of AUD 580,000.
• Rental Market: The median house rent is approximately AUD 400 per week, while for units, it’s nearly AUD 350 per week.
• Market Trends: Bayswater has experienced steady growth in property values thanks to its affordability and increasing appeal among families and professionals.

Education and Lifestyle

• Schools: The suburb is served by several quality schools, including Bayswater Primary School and Bayswater Secondary College.
• Local Vibe: Bayswater is recognized for its welcoming community feel, blending residential calm and commercial activity.
• Community Insights: Residents appreciate the suburb’s affordability, safety, and proximity to various amenities.

Transportation

• Public Transport: Bayswater is well-connected by public transport, including the Bayswater train station and bus routes.
• Accessibility: Easily accessible via major roads, including the Eastlink and Mountain Highway.

Notable Features

• Proximity to Shopping Centers: Home to Bayswater Village and close to larger shopping centres like Westfield Knox.
• Recreational Areas: It offers several parks and reserves, including the Bayswater Park, which is ideal for family outings and sports.

Bayswater is a thriving suburb known for its affordable living, strong community bonds, and convenient amenities. Its mix of residential areas, schools, and easy access to public transport and shopping centres make it an attractive option for a wide range of residents, particularly families and professionals seeking a balanced lifestyle in Melbourne.