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Bayswater North vs Berwick

Property investment comparison - Bayswater North, VIC 3153 vs Berwick, VIC 3806

Head-to-head across core investment metrics: Bayswater North wins 4, Berwick wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBayswater NorthBerwick
Median house price$925K$930K
Median unit price$665K$720K
Gross rental yield (houses)3.39%-
Gross rental yield (units)4.32%-
1-year house growth+1.3%+6.8%
3-year house growth+9.7%+7.6%
Vacancy rate0.6%2.3%
Population9,01450,298

Bayswater North vs Berwick: what the numbers say

The median house price is $925K in Bayswater North and $930K in Berwick, so Bayswater North is the cheaper entry point, with Berwick houses about 1% dearer.

For units, Bayswater North sits at a median of $665K against $720K in Berwick, which makes Bayswater North the more affordable unit market and Berwick the pricier one.

Over the past year house prices moved +1.3% in Bayswater North and +6.8% in Berwick, so recent momentum favours Berwick, although both suburbs recorded growth.

Looking back three years, Bayswater North houses are +9.7% and Berwick houses +7.6%, so Bayswater North has compounded faster than Berwick over the longer window.

Rental vacancy is 0.6% in Bayswater North and 2.3% in Berwick, so landlords in Bayswater North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Berwick is the bigger suburb, with a population of 50,298 against 9,014, roughly 6 times the size of Bayswater North; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bayswater North for a lower purchase price, Berwick for recent price momentum, Bayswater North for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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Bayswater North vs Berwick: Suburb Comparison 2026