Bayswater North vs Weatherboard
Property investment comparison - Bayswater North, VIC 3153 vs Weatherboard, VIC 3352
Head-to-head across core investment metrics: Bayswater North wins 2, Weatherboard 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 | Weatherboard |
|---|---|---|
| Median house price | $925K | $920K |
| Median unit price | $665K | - |
| Gross rental yield (houses) | 3.39% | 2.70% |
| Gross rental yield (units) | 4.32% | - |
| 1-year house growth | +1.3% | - |
| 3-year house growth | +9.7% | - |
| Vacancy rate | 0.6% | 1.9% |
| Population | 9,014 | 52 |
Bayswater North vs Weatherboard: what the numbers say
The median house price is $925K in Bayswater North and $920K in Weatherboard, so Weatherboard 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 2.70% in Weatherboard, a gap of 0.69 percentage points.
Rental vacancy is 0.6% in Bayswater North and 1.9% in Weatherboard, 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 52, roughly 173 times the size of Weatherboard; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bayswater North for rental income, Weatherboard 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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