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Bayswater vs Kimbolton

Property investment comparison - Bayswater, VIC 3153 vs Kimbolton, VIC 3551

Head-to-head across core investment metrics: Bayswater wins 2, Kimbolton wins 3. 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.

MetricBayswaterKimbolton
Median house price$940K$945K
Median unit price$705K$490K
Gross rental yield (houses)3.54%3.11%
Gross rental yield (units)4.31%4.52%
1-year house growth+4.4%-
3-year house growth+9.8%-
Vacancy rate1.1%0.9%
Population12,26296

Bayswater vs Kimbolton: what the numbers say

The median house price is $940K in Bayswater and $945K in Kimbolton, so Bayswater is the cheaper entry point, with Kimbolton houses about 1% dearer.

For units, Bayswater sits at a median of $705K against $490K in Kimbolton, which makes Kimbolton the more affordable unit market and Bayswater the pricier one.

On cash flow, Bayswater leads: houses there return a gross rental yield of 3.54%, compared with 3.11% in Kimbolton, a gap of 0.43 percentage points.

Rental vacancy is 0.9% in Kimbolton and 1.1% in Bayswater, so landlords in Kimbolton 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 96, roughly 128 times the size of Kimbolton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bayswater for rental income, Bayswater for a lower purchase price, Kimbolton 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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