Bayswater is Melbourne's outer-east outstanding value proposition — a solidly built family suburb on the Belgrave train line where sub-$780K house prices, strong rental demand from Knox and outer-east workers, and steady gentrification from the Croydon and Heathmont overflow are generating Melbourne's strongest outer-east capital growth returns. Bayswater's improving café strip, significant industrial employment precinct, and consistent demand from first-home buyers able to access the property market within 40 minutes of the CBD make it a standout. At the current $780k median house price, an 80% loan at 6.25% over 30 years is about $3,842 per month.
| Median house price | $780,000 |
|---|---|
| Median unit price | $530,000 |
| Estimated monthly repayment | $3,842 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7% |
| Gross rental yield | 4.2% |
| Typical days on market | 13 |
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