How Much is My Home Worth in Bayswater?
The median price for a house in Bayswater is $755,000 as of March 1, 2019. A median-priced unit is $580,000. There have been 139 houses and 71 units sold this year. Of the house sales, 96 were three bedrooms. It takes on average 40 days to sell a house and 36 days to sell a unit. The annual capital growth for homes is 8.27% and units is5.66%. The 12-month capital growth is -6.88% on houses and 2.14% for units.
The Demand to Supply Ratio or DSR rating puts homes and units as good. Effectively the market is saying there are more buyers than sellers. Vendors are more often than not getting their asking price. If you were to purchase or invest in a property in Bayswater the capital growth should stay ahead of the national average.
House prices and rent returns in Bayswater.
- 2 bedroom home No Data Rent per week $360
- 3 bedroom home $744,000 Rent per week $395
- 4 bedroom home $809,000 Rent per week $450
Unit prices and rent returns in Bayswater.
- 2 bedroom unit $489,500 Rent per week $350
- 3 bedroom unit $640,000 Rent per week $420
Free Real Estate Appraisal Bayswater
Are you going to sell your home? Do you want to know the market price for your house or unit? Our real estate agents provide free property appraisals on units, apartments, land and houses. We determine the property price based on its location to shops, schools and public transport. We also take into account recent sales history. Our appraisers will deliver a fast and accurate value of your home and what you can expect as an offer in today’s property climate.
Free Rental Appraisal Bayswater
Do you want to rent your home and need a property manager? Or, do you own an investment property and need a rental manager? The O’Brien Real Estate Group manage over 3500 homes in Melbourne. Our rental appraisers will provide a free estimation on your expected weekly rent return. We will discuss with the owner the length of the lease and who they prefer renting their home. We manage the rent collection, routine inspections, maintenance and tax accounting. We have a large database of tenants wanting to rent now.
Bayswater Suburb Profile from Wikipedia
Lifestyle in Bayswater
Bayswater is located 28 kilometres east of the central business district of Melbourne. There are a number of shopping outlets including Coles, Woolworths and Aldi. For the handyman there is a Mitre 10 store. For public transport you can get on the train at Bayswater. There is an Aussie rules football team known as the Bayswater Kangaroos.
Schools in Bayswater
There are 4 schools in Bayswater.
- Bayswater Primary School Co-educational
- Bayswater Secondary College Co-educational
- Bayswater South Primary School Co-educational
- Our Lady Of Lourdes School Co-educational