Bayswater North vs Nanneella
Property investment comparison - Bayswater North, VIC 3153 vs Nanneella, VIC 3561
Head-to-head across core investment metrics: Bayswater North wins 2, Nanneella 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.
| Metric | Bayswater North | Nanneella |
|---|---|---|
| Median house price | $925K | $920K |
| Median unit price | $665K | - |
| Gross rental yield (houses) | 3.39% | 2.53% |
| Gross rental yield (units) | 4.32% | - |
| 1-year house growth | +1.3% | - |
| 3-year house growth | +9.7% | - |
| Vacancy rate | 0.6% | 2.9% |
| Population | 9,014 | 425 |
Bayswater North vs Nanneella: what the numbers say
The median house price is $925K in Bayswater North and $920K in Nanneella, so Nanneella is the cheaper entry point, with Bayswater North houses about 1% dearer.
On cash flow, Bayswater North leads: houses there return a gross rental yield of 3.39%, compared with 2.53% in Nanneella, a gap of 0.86 percentage points.
Rental vacancy is 0.6% in Bayswater North and 2.9% in Nanneella, 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 425, roughly 21 times the size of Nanneella; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bayswater North for rental income, Nanneella for a lower purchase price, 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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