Bayswater North vs Larpent
Property investment comparison - Bayswater North, VIC 3153 vs Larpent, VIC 3249
Head-to-head across core investment metrics: Bayswater North wins 2, Larpent wins 2. 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 | Larpent |
|---|---|---|
| Median house price | $925K | $925K |
| Median unit price | $665K | $170K |
| Gross rental yield (houses) | 3.39% | 2.68% |
| Gross rental yield (units) | 4.32% | 7.17% |
| 1-year house growth | +1.3% | - |
| 3-year house growth | +9.7% | - |
| Vacancy rate | 0.6% | 0.8% |
| Population | 9,014 | 200 |
Bayswater North vs Larpent: what the numbers say
Houses cost about the same in both suburbs: the median house price is $925K in Bayswater North and $925K in Larpent.
For units, Bayswater North sits at a median of $665K against $170K in Larpent, which makes Larpent the more affordable unit market and Bayswater North the pricier one.
On cash flow, Bayswater North leads: houses there return a gross rental yield of 3.39%, compared with 2.68% in Larpent, a gap of 0.71 percentage points.
Rental vacancy is 0.6% in Bayswater North and 0.8% in Larpent, 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 200, roughly 45 times the size of Larpent; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bayswater North for rental income, Bayswater North for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Full profile
Bayswater North, VIC 3153
Open Bayswater North suburb profileRecent sales in Bayswater North
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison