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Bailieston, VIC 3608

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$520,000

market range $500K-$775K

Median Unit

$185,000

Gross Yield (units)

5.9%

1yr Growth (units)

+0.0%

estimate

Investment snapshot for Bailieston

Bailieston has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Bailieston market and investor summary

In Bailieston, VIC 3608, the median house sells for around $520K. At 1.4% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking. Houses also take time to sell, around 70 days on market, so plan for a slower exit if you ever need one.

Living in Bailieston: people, income and schools

About 120 people live in Bailieston, and the area has been growing steadily, up about 12% over five years. At a median age of 56, it reads as an older, established demographic, and 84% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $62,000 a year (about $1,190 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 8.4 times local household income, in line with much of metropolitan Australia. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
120
+12% over 5yr
Median age
56 years
Median household income
$62,000/yr
Households renting
8%
Family households
72%
Socio-economic rank
4/10
ABS advantage index
Unemployment
3.9%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Bailieston

No properties currently listed in Bailieston

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Frequently asked questions about Bailieston

What should I check before investing in Bailieston?

Bailieston has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.9%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Bailieston?

The median property price in Bailieston, VIC 3608 is $520K for houses and $185K for units.

What rental yield does Bailieston show?

The gross rental yield in Bailieston is 5.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Bailieston?

The current vacancy rate in Bailieston is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Bailieston?

Bailieston has a population of approximately 120 residents, with a median age of 56.

Is Bailieston affordable to buy in?

A median house in Bailieston costs about 8.4 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Bailieston's population growing?

The population of Bailieston has grown about 12% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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