Bayswater vs Russells Bridge
Property investment comparison - Bayswater, VIC 3153 vs Russells Bridge, VIC 3331
Head-to-head across core investment metrics: Bayswater wins 0, Russells Bridge wins 4. 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 | Russells Bridge |
|---|---|---|
| Median house price | $940K | $935K |
| Median unit price | $705K | $480K |
| Gross rental yield (houses) | 3.54% | - |
| Gross rental yield (units) | 4.31% | 4.45% |
| 1-year house growth | +4.4% | - |
| 3-year house growth | +9.8% | - |
| Vacancy rate | 1.1% | 0.7% |
| Population | 12,262 | 70 |
Bayswater vs Russells Bridge: what the numbers say
The median house price is $940K in Bayswater and $935K in Russells Bridge, so Russells Bridge is the cheaper entry point, with Bayswater houses about 1% dearer.
For units, Bayswater sits at a median of $705K against $480K in Russells Bridge, which makes Russells Bridge the more affordable unit market and Bayswater the pricier one.
Rental vacancy is 0.7% in Russells Bridge and 1.1% in Bayswater, so landlords in Russells Bridge 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 70, roughly 175 times the size of Russells Bridge; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Russells Bridge for a lower purchase price, Russells Bridge for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Full profile
Russells Bridge, VIC 3331
Open Russells Bridge suburb profileRecent sales in Russells Bridge
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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison