Bayswater North vs Lake Fyans
Property investment comparison - Bayswater North, VIC 3153 vs Lake Fyans, VIC 3381
Head-to-head across core investment metrics: Bayswater North wins 1, Lake Fyans wins 0. 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.
| Metric | Bayswater North | Lake Fyans |
|---|---|---|
| Median house price | $925K | $925K |
| Median unit price | $665K | - |
| Gross rental yield (houses) | 3.39% | - |
| Gross rental yield (units) | 4.32% | - |
| 1-year house growth | +1.3% | - |
| 3-year house growth | +9.7% | - |
| Vacancy rate | 0.6% | 6.3% |
| Population | 9,014 | 23 |
Bayswater North vs Lake Fyans: what the numbers say
Houses cost about the same in both suburbs: the median house price is $925K in Bayswater North and $925K in Lake Fyans.
Rental vacancy is 0.6% in Bayswater North and 6.3% in Lake Fyans, 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.
Bayswater North is the bigger suburb, with a population of 9,014 against 23, roughly 392 times the size of Lake Fyans; a larger suburb usually means a deeper pool of buyers and tenants.
In short: 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, VIC 3153
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