Chart Color Schemes
This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Bayswater has seen population growth performance typically on par with national averages when looking at short and medium term trends
Bayswater's population is approximately 13,404 as of May 2026. From the 2021 Census, which reported a population of 12,589 people, there has been an increase of 815 individuals (6.5%). This change is inferred from the ABS estimated resident population of 13,388 in June 2025 and an additional 161 validated new addresses since the Census date. The population density ratio is 1,667 persons per square kilometer, which exceeds the average across national locations assessed by AreaSearch. Bayswater's growth rate of 6.5% since the 2021 census surpassed both the SA3 area (3.1%) and the SA4 region, indicating it as a growth leader in the region. Overseas migration contributed approximately 82.0% of overall population gains during recent periods.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch uses the VIC State Government's Regional/LGA projections from 2023, adjusted employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, an above median population growth is projected for the area, with an expected increase of 1,811 persons to 2041 based on the latest annual ERP population numbers, reflecting a total increase of 13.4% over the 16 years.
Frequently Asked Questions - Population
Development
Recent residential development output has been above average within Bayswater when compared nationally
Bayswater has seen approximately 77 dwellings granted development approval annually. Over the past five financial years, from FY21 to FY25, around 388 homes received approvals, with an additional 32 approved so far in FY26. Each year, on average, 0.9 new residents have been associated with each dwelling constructed during these five years.
This suggests that supply is meeting or exceeding demand, offering more buyer choices and potentially supporting population growth beyond projections. The average construction value of new properties has been $312,000, aligning with broader regional development trends. In FY26 alone, commercial development approvals totaled $51.6 million, indicating strong local business investment. Compared to Greater Melbourne, Bayswater's construction rate is 31.0% higher on a per capita basis over the past five years, maintaining good buyer choice and supporting existing property values. The new developments consist of 36.0% detached houses and 64.0% townhouses or apartments, marking a shift from the current housing pattern of 62.0% houses.
This trend towards denser development provides accessible entry options for downsizers, investors, and first-time buyers. With approximately 202 people per approval, Bayswater reflects an area experiencing growth. According to AreaSearch's latest quarterly estimate, Bayswater is projected to gain around 1,795 residents by 2041. Given current development patterns, new housing supply should readily meet demand, offering favorable conditions for buyers and potentially facilitating population growth beyond current projections.
Frequently Asked Questions - Development
Development applications around Bayswater
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
Bayswater 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 33 projects that could affect this region. Notable projects include 711-717 Mountain Highway Mixed Use Development, Marie Wallace Bayswater Oval Sportsfield Renewal, 58-60 Station Street Land Sale Development, and Knox Housing Targets. The following list details those likely to be most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Deakin University Burwood Campus Expansion
Major expansion of Deakin University's Burwood campus including new academic buildings, student accommodation, research facilities, and improved transport connections. Enhanced integration with planned Suburban Rail Loop station for direct university access.
Bayswater Renewal Strategy Implementation
The Bayswater Renewal Strategy aims to ensure the Bayswater Major Activity Centre continues to be a thriving hub for community life and business until 2040. It guides development to support population growth from 13,013 to 18,682 by 2040 and housing needs while protecting the areas distinctive character and balancing economic, social, and environmental matters. The strategy includes an action plan with 65 actions, such as revitalizing Penguin Place and Macauley Place, investigating a new community hub, facilitating renewal of Bayswater Triangle, increasing tree canopy, improving public spaces, enhancing business synergies, developing a niche and night-time economy, improving pedestrian and cycling networks, and proposing increased building heights up to 6 storeys in key precincts.
Marie Wallace Bayswater Oval Sportsfield Renewal
Comprehensive renewal of the playing field at Marie Wallace Bayswater Oval, including leveling and resurfacing, installation of modern irrigation and drainage systems, and improvements to ensure consistent playability year-round. This upgrade is part of Knox City Council's capital works program to enhance local sporting facilities and community recreational opportunities.
Bayswater Level Crossing Removals
The project removed level crossings at Mountain Highway and Scoresby Road by lowering the Belgrave Line below ground. The new Bayswater Station precinct includes walking and cycling paths, a bus interchange, more than 350 car spaces, and public artwork designed by Aboriginal artists and students from Bayswater Secondary College.
Berengarra School - 26 Waldheim Road, Bayswater
Proposed non-government secondary school (Berengarra School) at 26 Waldheim Road, Bayswater. Current planning application PA2503692 seeks use and development for Stage 1 comprising six new single-storey buildings, with supporting reports covering traffic, landscape, sustainability and environmental matters. Site was previously marketed as a 3.22 ha development opportunity.
Tormore Reserve Pavilion Upgrade
Full redevelopment of the pavilion including refurbishment of existing facilities and addition of a second storey to create a modern and inclusive facility for sports and community activities. Features include inclusive change rooms and toilets with female facilities, social and multi-purpose spaces with viewing platform, meeting room, office space, expanded storage, and fully refurbished kitchen, kiosk, and bar. The upgrade enhances accessibility, inclusivity, and sustainability for local clubs and residents while meeting best-practice building standards.
Knox Housing Targets
Victorian Government housing targets for Knox to deliver 43,000 new homes by 2051 as part of the statewide plan to build 2.24 million homes to meet population growth. Knox Council is reviewing its housing strategy to accommodate this growth, focusing on diverse housing options, affordability, and infrastructure while protecting local character and environment. This will involve activity centers, transport corridors, and strategic sites, putting pressure on services requiring coordinated investment.
711-717 Mountain Highway Mixed Use Development
7-storey mixed use development comprising 55 apartments (15 one-bedroom, 39 two-bedroom, 1 three-bedroom), two ground floor retail tenancies totaling approximately 340sqm, 67 car parking spaces, and 78 bicycle spaces. The project was initially refused by Knox City Council in July 2018 but approved by VCAT in April 2019. It features premium finishes, strategic location near Bayswater Train Station, and is currently on hold with no construction started.
Employment
Employment conditions in Bayswater remain below the national average according to AreaSearch analysis
Bayswater has an educated workforce with strong representation in manufacturing and industrial sectors. The unemployment rate was 5.3% as of December 2021. Employment growth over the past year was estimated at 2.0%.
As of December 2025, 7,159 residents were employed while the unemployment rate was 5.8%, slightly higher than Greater Melbourne's rate of 4.8%. Workforce participation in Bayswater was 66.8% compared to Greater Melbourne's 69.9%. According to Census data, 26.7% of residents worked from home. Leading employment industries were health care & social assistance, construction, and manufacturing.
Manufacturing employed 1.4 times the regional level. Professional & technical services employed 7.9% of local workers, below Greater Melbourne's 10.1%. There was 1.1 worker for every resident in Bayswater as at Census time, indicating it functions as an employment hub attracting workers from surrounding areas. Between December 2024 and December 2025, employment increased by 2.0% while labour force grew by 1.6%, resulting in a unemployment decrease of 0.4 percentage points. National employment forecasts from May-25 suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Bayswater's employment mix, local employment is expected to increase by 6.5% over five years and 13.6% over ten years.
Frequently Asked Questions - Employment
Income
Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis
AreaSearch's latest postcode level ATO data for financial year 2023 shows Bayswater SA2 had a median income of $57,417 and an average income of $64,634 among taxpayers. This is below the national average. Greater Melbourne had a median income of $57,688 and an average income of $75,164 during this period. Based on Wage Price Index growth of 9.62% since financial year 2023, estimated incomes for Bayswater SA2 as of March 2026 would be approximately $62,941 (median) and $70,852 (average). Census data indicates household, family, and personal incomes in Bayswater rank modestly, between the 42nd and 46th percentiles. Income distribution shows that 36.0% of locals, equating to 4,825 people, fall within the $1,500 - 2,999 income category, reflecting regional patterns where 32.8% occupy this range. Housing affordability pressures are severe in Bayswater SA2, with only 82.2% of income remaining, ranking at the 40th percentile. The area's SEIFA income ranking places it in the 5th decile.
Frequently Asked Questions - Income
Housing
Bayswater displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region
The dwelling structure in Bayswater, as per the latest Census, consisted of 62.2% houses and 37.7% other dwellings (semi-detached, apartments, 'other' dwellings). Compared to Melbourne metro's figures, Bayswater had a lower proportion of houses at 62.2%, while Melbourne had 67.9%. Conversely, Bayswater had a higher percentage of other dwellings at 37.7%, compared to Melbourne's 32.1%. Home ownership in Bayswater was 28.4%, which is lower than the Melbourne metro average. The remaining dwellings were either mortgaged (37.2%) or rented (34.5%). The median monthly mortgage repayment in Bayswater was $1,827, which is below both the Melbourne metro average of $2,000 and the Australian national average of $1,863. The median weekly rent figure for Bayswater was recorded at $376. This is lower than the Melbourne metro average of $390 but higher than the national average of $375.
Frequently Asked Questions - Housing
Household Composition
Bayswater has a typical household mix, with a lower-than-average median household size
Family households comprise 67.9 percent of all households, including 28.8 percent couples with children, 24.7 percent couples without children, and 13.1 percent single parent families. Non-family households account for the remaining 32.1 percent, with lone person households at 28.3 percent and group households comprising 3.7 percent of the total. The median household size is 2.4 people, which is smaller than the Greater Melbourne average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
Bayswater performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes
Educational qualifications in Bayswater Trail show that 30.0% of residents aged 15+ have university degrees, compared to Greater Melbourne's 37.0%. This indicates potential for educational development and skills enhancement. Bachelor degrees are the most common at 20.0%, followed by postgraduate qualifications (7.5%) and graduate diplomas (2.5%). Vocational credentials are prominent with 33.3% of residents aged 15+ holding them, including advanced diplomas (11.7%) and certificates (21.6%).
Educational participation is high at 26.3%, with 8.5% in primary education, 6.2% in secondary education, and 4.7% pursuing tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Bayswater has 67 active public transport stops, all of which are bus stops. These stops are served by 14 different routes that together facilitate 3,339 weekly passenger trips. The accessibility of these transport services is rated as good, with residents typically residing 247 meters from the nearest stop. As a predominantly residential area, most residents commute outwards. Cars remain the primary mode of transportation for 88% of residents, while 7% use trains. On average, there are 1.3 vehicles per dwelling in Bayswater.
According to the 2021 Census, 26.7% of residents work from home, which may be influenced by COVID-19 conditions. The service frequency across all routes averages 477 trips per day, equating to approximately 49 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Bayswater's residents are relatively healthy in comparison to broader Australia with the level of common health conditions among the general population somewhat typical, though higher than the nation's average among older cohorts
Bayswater's health metrics are close to national benchmarks, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The level of common health conditions among the general population is somewhat typical but higher than the nation's average among older cohorts.
Private health cover is relatively low at approximately 51% of the total population (~6,862 people), compared to 56.7% across Greater Melbourne. The most common medical conditions are mental health issues and asthma, impacting 9.1 and 8.5% of residents respectively, while 67.7% declare themselves completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Health outcomes among the working-age population are broadly typical. The area has 17.9% of residents aged 65 and over (2,396 people), which is higher than the 15.0% in Greater Melbourne. Health outcomes among seniors present some challenges but rank lower nationally than the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Bayswater was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Bayswater's cultural diversity is notable, with 36.5% of its population born overseas and 32.3% speaking a language other than English at home. Christianity is the predominant religion in Bayswater, representing 41.7% of the population. Buddhism, however, is disproportionately represented at 4.2%, compared to Greater Melbourne's 4.2%.
The top three ancestry groups are English (23.0%), Australian (20.7%), and Other (10.5%). Some ethnic groups show significant differences: Hungarian (0.5% vs regional 0.3%), Dutch (2.1% vs 1.2%), and Sri Lankan (0.9% vs 0.8%) are notably more prevalent in Bayswater than in the broader region.
Frequently Asked Questions - Diversity
Age
Bayswater's population is slightly younger than the national pattern
The median age in Bayswater is 38 years, close to Greater Melbourne's average of 37 years and equivalent to Australia's median of 38 years. Compared to Greater Melbourne, Bayswater has a higher percentage of residents aged 75-84 (6.4%) but fewer residents aged 15-24 (11.4%). Between the 2021 Census and present, the 15-24 age group has increased from 10.5% to 11.4%, while the 25-34 cohort has decreased from 16.4% to 15.6%. By 2041, Bayswater's age composition is expected to change significantly. The 45-54 age group is projected to grow by 31% (490 people), reaching 2,091 from 1,600. Meanwhile, the 0-4 and 35-44 age groups are expected to decrease in number.