The Bayswater North median house price is $920,000, based on sales recorded in the April to June 2025 quarter, according to DataVic/REIV data. That figure represents a quarter-on-quarter increase of 3.4% and a year-on-year gain of 1.1%, signalling steady, measured growth in this well-regarded outer-eastern Melbourne suburb. Whether you are buying, selling, or investing in Bayswater North property, understanding these numbers is the essential starting point.

What Is the Bayswater North Median House Price Right Now?

According to DataVic/REIV figures sourced via the Collings CRM dataset, the Bayswater North median house price for the April to June 2025 quarter sits at $920,000. This is the most current verified figure available and reflects the midpoint of all settled house transactions recorded in that period.

Breaking the movement down further:

• Quarter-on-quarter change: +3.4% (up from approximately $890,000 in the January to March 2025 quarter)
• Year-on-year change: +1.1%, indicating that while growth has been modest in annual terms, the most recent quarter has delivered a meaningful uplift

The unit market tells a slightly different story. The Bayswater North median unit price is $690,000 for the same April to June 2025 quarter. Units recorded a quarter-on-quarter decline of 4.4%, but the year-on-year position remains positive at +6.8%. This divergence between houses and units is a pattern seen across many Melbourne suburbs in 2025 and reflects shifting buyer preferences as well as differing stock levels in each segment.

For context on how Bayswater North compares to other Melbourne markets, you can explore the median house price in Reservoir, another outer-ring suburb that has attracted strong buyer interest over the same period.

What Do the Broader Numbers Tell Us About Bayswater North Property?

Price data is only part of the picture. To understand why the Bayswater North median house price sits where it does, it helps to look at the suburb’s underlying demographics and economic profile.

ABS Census 2021 data (via the Collings CRM dataset) records the following for Bayswater North:

• Population: 9,014 residents
• Median age: 38.0 years
• Median household income: $1,675 per week
• Median rent: $360 per week

A median household income of $1,675 per week places Bayswater North broadly in line with Melbourne’s middle-income suburbs. Households in this income band are typically owner-occupiers or aspiring buyers, which supports sustained demand for detached housing rather than investor-grade units. This income profile also helps explain why house prices have held relatively firm even in a period of elevated interest rates.

The median age of 38 years points to an established family demographic. Families prioritise land size, school zones, and proximity to open space, all of which Bayswater North delivers in abundance through its parklands and access to the Dandenong Ranges corridor. This demographic pressure on house stock (rather than apartments) is a structural driver of the price differential between houses and units.

The median rent of $360 per week is worth noting for investors. At a median house price of $920,000, this implies a gross rental yield in the vicinity of 2.0% for houses, which is consistent with the broader eastern Melbourne market where capital growth has historically been the primary return driver. Unit investors, at a median price of $690,000 and an assumed rent above the suburb median, are likely to see a more competitive yield position.

What Are the Key Considerations When Buying or Selling in Bayswater North?

For buyers in Bayswater North

With the median house price at $920,000, buyers need to budget carefully in this suburb. The quarter-on-quarter gain of 3.4% in the most recent period suggests competition has not eased, and well-presented family homes on larger blocks tend to attract multiple offers. CoreLogic data indicates that outer Melbourne suburbs with strong family demographics have shown resilience to rate pressure because owner-occupier demand is less sensitive to yield calculations than investor demand.

Key buying considerations include:

1. Stock levels: Bayswater North has limited turnover relative to its population, meaning quality properties move quickly. Pre-approval and off-market access are practical advantages.
2. Property type: Houses have appreciated 1.1% year-on-year while units have grown 6.8%. Buyers seeking value may find units competitive, particularly if the year-on-year momentum continues.
3. Infrastructure: Proximity to Eastlink, Mountain Highway, and local shopping precincts at Bayswater and Knox City underpins lifestyle appeal and resale strength.

For sellers in Bayswater North

The 3.4% quarter-on-quarter lift is an encouraging signal for vendors considering listing in 2025 or 2026. SQM Research data shows that Melbourne’s outer-eastern corridor has seen vacancy rates tighten over the past 12 months, which tends to precede upward pressure on sale prices as would-be tenants convert to buyers.

Sellers should consider:

• Accurate price positioning relative to the $920,000 median, rather than aspirational pricing that risks extended days on market
• Presentation and styling investment, which CoreLogic research consistently links to above-median sale outcomes
• Timing relative to seasonal auction cycles, with autumn and spring typically generating the deepest buyer pools in this suburb

For investors in Bayswater North

Investors evaluating Bayswater North property should weigh the unit segment’s 6.8% year-on-year growth against the lower entry price of $690,000. While gross yields for houses are modest at approximately 2.0%, ABS 2021 data showing a median rent of $360 per week reflects conditions several years prior. Current rental market dynamics, shaped by the RBA’s 2022 to 2024 rate cycle, have pushed rents higher across most Melbourne suburbs, meaning live yield calculations may be more favourable than historical census data implies.

For a comparison of how similar suburbs have performed, Collings has published detailed analysis of the median house price in Preston and the median house price in Ivanhoe, two suburbs that share demographic and infrastructure characteristics with Bayswater North’s buyer profile.

How Does Collings Real Estate Help With Bayswater North Property?

Collings Real Estate has been operating across Melbourne’s northern and eastern suburbs for decades, and our agents maintain active knowledge of the Bayswater North market at both the street level and the statistical level. We work with buyers, sellers, landlords, and investors to translate data like the figures on this page into actionable decisions.

Our services in and around Bayswater North include:

• Free property appraisals: A current, evidence-based assessment of what your Bayswater North property would achieve in today’s market, using live comparable sales rather than automated estimates
• Buyer advocacy and off-market access: For buyers who want early access to properties before public listing, our portal provides off-market opportunities across the eastern and northern corridors
• Property management: For investors, our management team tracks rental movement in real time and ensures your asset performs relative to the prevailing market
• Sales campaigns: Our agents design and execute vendor-paid marketing strategies calibrated to the Bayswater North buyer demographic

If you would like to understand precisely what your property is worth in the current market, we invite you to request a free property appraisal from our team. You can also register for off-market property access via our off-market portal.

To speak with our team directly, contact Collings Real Estate at 03 9486 2000, email info@collings.com.au, or visit us at 230 Waterdale Road, Ivanhoe, VIC 3079.

Frequently Asked Questions About the Bayswater North Median House Price

What is the median house price in Bayswater North in 2025?

The median house price in Bayswater North is $920,000 for the April to June 2025 quarter, according to DataVic/REIV data. This represents a 3.4% quarter-on-quarter increase and a 1.1% year-on-year gain.

What is the median unit price in Bayswater North?

The median unit price in Bayswater North is $690,000 for the April to June 2025 quarter, per DataVic/REIV figures. Units fell 4.4% quarter-on-quarter but remain 6.8% higher than the same period one year prior.

Is Bayswater North a good suburb to invest in?

Bayswater North offers a stable family-oriented demographic, improving infrastructure access, and a unit segment showing 6.8% year-on-year price growth. Gross rental yields on houses are modest, so investors typically target capital growth as the primary return driver in this suburb.

How does Bayswater North compare to other Melbourne suburbs?

At a median house price of $920,000, Bayswater North sits below inner-city suburbs like Ivanhoe and Northcote but offers larger land sizes and stronger family-oriented stock. It is comparable in price to other outer-eastern suburbs tracked by CoreLogic and REIV.

How can I get an accurate appraisal for my Bayswater North property?

Collings Real Estate offers free, evidence-based property appraisals for Bayswater North vendors and landlords. Contact our team on 03 9486 2000 or email info@collings.com.au to arrange an obligation-free assessment.