Bayswater North

An assessment of population growth drivers in Bayswater North reveals an overall ranking slightly below national averages considering recent, and medium term trends

Based on analysis of ABS population updates for the broader area, as of November 2025, the estimated population of the Bayswater North statistical area (Lv2) is around 9,290. This reflects an increase of 276 people since the 2021 Census, which reported a population of 9,014. The change was inferred from the resident population of 9,102 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 188 validated new addresses since the Census date. This level of population equates to a density ratio of 1,414 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. The Bayswater North (SA2) growth rate of 3.1% since census positions it within 1.8 percentage points of the SA4 region's growth rate of 4.9%, demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration, contributing approximately 67.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023, with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Anticipating future population dynamics, the Bayswater North (SA2) is expected to expand by 577 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 5.0% in total over the 17 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Bayswater North, placing the area among the bottom 25% of areas assessed nationally

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Bayswater North has experienced around 19 dwellings receiving development approval each year. Approximately 99 homes were approved over the past five financial years, between FY-21 and FY-25, with an additional 10 approved so far in FY-26. Despite a declining population in recent years, development activity has been adequate relative to other areas, which is positive for buyers.

New properties are constructed at an average value of $488,000, indicating a focus on the premium segment with upmarket properties. This year, $11.5 million in commercial approvals have been registered, showing steady commercial investment activity. Compared to Greater Melbourne, Bayswater North records markedly lower building activity, 51.0% below the regional average per person. This scarcity of new dwellings typically strengthens demand and prices for existing properties, though development activity has picked up in recent periods. This is similarly under the national average, indicating the area's established nature and suggesting potential planning limitations. New development consists of 47.0% standalone homes and 53.0% townhouses or apartments, marking a significant departure from existing housing patterns which are currently 80.0% houses. This trend toward denser development provides accessible entry options and appeals to downsizers, investors, and entry-level buyers, suggesting diminishing developable land availability and responding to evolving lifestyle preferences and housing affordability needs.

At around 373 people per approval, Bayswater North indicates a mature market. Future projections show Bayswater North adding 469 residents by 2041, from the latest AreaSearch quarterly estimate. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

Bayswater North has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 15 projects that may affect the area. Notable ones include Bayswater North Primary School Redevelopment and Upgrades, Suffern Reserve Playground Renewal, Kilsyth Connect Logistics Park, and the Bayswater Business Precinct Transformation Strategy. The following list details those likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Bayswater North has seen below average employment performance when compared to national benchmarks

Bayswater North has a skilled workforce with notable representation in the construction sector. Its unemployment rate is 5.1%, indicating relative employment stability over the past year according to AreaSearch's statistical area data aggregation.

As of September 2025, 4,942 residents are employed, with an unemployment rate of 5.1%, which is 0.4% higher than Greater Melbourne's rate of 4.7%. Workforce participation in Bayswater North is similar to Greater Melbourne's at 64.1%. Employment among residents is concentrated in health care & social assistance (28%), construction (19%), and manufacturing (15%). Manufacturing shows strong specialization with an employment share 1.5 times the regional level, while professional & technical services have limited presence at 7.1% compared to the regional average of 10.1%.

The area has a worker-to-resident ratio of 0.9, indicating substantial local employment opportunities. Between September 2024 and September 2025, employment levels increased by 0.3%, labour force grew by 0.7%, resulting in an unemployment rise of 0.4 percentage points. In contrast, Greater Melbourne saw employment growth of 3.0% and a 0.3 percentage point increase in unemployment during the same period. State-level data from November 25 shows Victoria's employment grew by 1.13% year-on-year, adding 41,950 jobs, with an unemployment rate of 4.7%. Nationally, employment growth was 0.14%, and the unemployment rate was 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Bayswater North's employment mix suggests local employment should increase by 6.4% over five years and 13.4% over ten years, assuming constant population projections.

The area's income profile falls below national averages based on AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2023 shows that income in Bayswater North is below the national average. The median income is $53,749 and the average income is $61,379. In contrast, Greater Melbourne has a median income of $57,688 and an average income of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Bayswater North would be approximately $58,183 (median) and $66,443 (average) as of September 2025. Census 2021 income data indicates that incomes in Bayswater North cluster around the 51st percentile nationally. The predominant income cohort spans 36.4% of locals (3,381 people), falling within the $1,500 - $2,999 category, similar to the metropolitan region where this cohort represents 32.8%. Housing affordability pressures are severe in Bayswater North, with only 82.9% of income remaining, ranking at the 45th percentile nationally. The area's SEIFA income ranking places it in the 5th decile.

Bayswater North is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

The dwelling structure in Bayswater North, as per the latest Census, consisted of 79.8% houses and 20.1% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 87.2% houses and 12.8% other dwellings. Home ownership in Bayswater North stood at 28.5%, with the rest being mortgaged (46.4%) or rented (25.1%). The median monthly mortgage repayment was $1,835, lower than Melbourne metro's $2,000. The median weekly rent was $360, compared to Melbourne metro's $385. Nationally, Bayswater North's mortgage repayments were below the Australian average of $1,863, and rents were less than the national figure of $375.

Bayswater North has a typical household mix, with a lower-than-average median household size

Family households account for 70.7% of all households, including 33.0% couples with children, 23.3% couples without children, and 13.2% single parent families. Non-family households make up the remaining 29.3%, with lone person households at 26.8% and group households comprising 2.5%. The median household size is 2.5 people, smaller than the Greater Melbourne average of 2.6.

The educational profile of Bayswater North exceeds national averages, with above-average qualification levels and academic performance metrics

The area's university qualification rate is 26.7%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 17.9%, followed by postgraduate qualifications (5.8%) and graduate diplomas (3.0%). Vocational credentials are prevalent, with 36.8% of residents aged 15+ holding them, including advanced diplomas (12.4%) and certificates (24.4%). Educational participation is high, with 27.3% currently enrolled in formal education: 9.9% in primary, 6.8% in secondary, and 3.3% in tertiary education.

Educational participation is notably high, with 27.3% of residents currently enrolled in formal education. This includes 9.9% in primary education, 6.8% in secondary education, and 3.3% pursuing tertiary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows 66 active stops operating in Bayswater North. These stops serve buses via 13 routes, offering 2,049 weekly passenger trips. Transport accessibility is rated good, with residents typically located 212 meters from the nearest stop.

Service frequency averages 292 trips per day across all routes, equating to approximately 31 weekly trips per individual stop.

Health performance in Bayswater North is lower than average with common health conditions somewhat prevalent across the board, though to a considerably higher degree among older age cohorts

Bayswater North faces significant health challenges. Common health conditions are somewhat prevalent across all age groups but particularly higher among older cohorts.

Approximately 51% of the total population (~4,749 people) have private health cover, compared to 55.0% in Greater Melbourne. Mental health issues and asthma are the most common medical conditions, affecting 10.5 and 9.0% of residents respectively. 66.1% of residents declare themselves completely clear of medical ailments, compared to 68.7% across Greater Melbourne. As of 2016, 18.3% of residents are aged 65 and over (1,700 people). Health outcomes among seniors require more attention than the broader population.

The level of cultural diversity witnessed in Bayswater North was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Bayswater North, surveyed in 2016, had a higher cultural diversity than most local areas. It had 25.3% of its population born overseas and 20.6% speaking languages other than English at home. Christianity was the predominant religion, with 41.5%.

The 'Other' religious category showed a slight overrepresentation at 1.7%, compared to Greater Melbourne's 1.1%. Ancestry-wise, Australian (26.2%), English (26.0%), and Other (9.2%) were the top groups. Some ethnicities were notably different: Dutch was equally represented (2.1% vs regional 2.1%), Hungarians were slightly overrepresented (0.4% vs 0.3%), and Sri Lankans showed a higher representation (0.7% vs 0.5%).

Bayswater North's population aligns closely with national norms in age terms

The median age in Bayswater North is 38 years, close to Greater Melbourne's average of 37 and equivalent to Australia's median of 38. Compared to Greater Melbourne, Bayswater North has a higher percentage of residents aged 65-74 (9.8%) but fewer residents aged 15-24 (9.8%). Between the 2016 and 2021 censuses, the population aged 75-84 grew from 4.3% to 5.7%. Conversely, the 45-54 age group declined from 12.5% to 11.0%. By 2041, Bayswater North's age composition is expected to shift notably. The 75-84 age group is projected to grow by 62%, reaching 860 people from 529. Those aged 65 and above are expected to comprise 80% of the population growth. Meanwhile, declines are projected for the 55-64 and 15-24 age groups.