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Bayswater vs Maffra West Upper

Property investment comparison - Bayswater, VIC 3153 vs Maffra West Upper, VIC 3859

Head-to-head across core investment metrics: Bayswater wins 2, Maffra West Upper 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.

MetricBayswaterMaffra West Upper
Median house price$940K$930K
Median unit price$705K$515K
Gross rental yield (houses)3.54%-
Gross rental yield (units)4.31%2.38%
1-year house growth+4.4%-
3-year house growth+9.8%-
Vacancy rate1.1%2.1%
Population12,26273

Bayswater vs Maffra West Upper: what the numbers say

The median house price is $940K in Bayswater and $930K in Maffra West Upper, so Maffra West Upper is the cheaper entry point, with Bayswater houses about 1% dearer.

For units, Bayswater sits at a median of $705K against $515K in Maffra West Upper, which makes Maffra West Upper the more affordable unit market and Bayswater the pricier one.

Rental vacancy is 1.1% in Bayswater and 2.1% in Maffra West Upper, 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 73, roughly 168 times the size of Maffra West Upper; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Maffra West Upper 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.

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Bayswater vs Maffra West Upper: Suburb Comparison 2026