Bayswater vs Cashmore
Property investment comparison - Bayswater, VIC 3153 vs Cashmore, VIC 3305
Head-to-head across core investment metrics: Bayswater wins 2, Cashmore 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 | Cashmore |
|---|---|---|
| Median house price | $940K | $930K |
| Median unit price | $705K | - |
| Gross rental yield (houses) | 3.54% | 3.38% |
| Gross rental yield (units) | 4.31% | - |
| 1-year house growth | +4.4% | - |
| 3-year house growth | +9.8% | - |
| Vacancy rate | 1.1% | 2.7% |
| Population | 12,262 | 197 |
Bayswater vs Cashmore: what the numbers say
The median house price is $940K in Bayswater and $930K in Cashmore, so Cashmore is the cheaper entry point, with Bayswater houses about 1% dearer.
On cash flow, Bayswater leads: houses there return a gross rental yield of 3.54%, compared with 3.38% in Cashmore, a gap of 0.16 percentage points.
Rental vacancy is 1.1% in Bayswater and 2.7% in Cashmore, so landlords in Bayswater face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Bayswater is the bigger suburb, with a population of 12,262 against 197, roughly 62 times the size of Cashmore; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bayswater for rental income, Cashmore for a lower purchase price, Bayswater for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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
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