Bayswater North, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Bayswater North
VICCensus 2021 · Population 9,009
Bayswater North is a suburb with a total population of 9,009 residents, characterized by a median age of 38, which aligns with the Victorian average. The gender distribution is slightly skewed towards females, with 51.6% compared to 48.4% males. The suburb has a significant proportion of families, with 45.9% of households being couples with children, and 33.7% being couples without children. The average household size is 2.5 people, indicating a family-friendly environment.
Key Highlights
- High ownership rate - 73.6% of homes are owned outright or with a mortgage.
- Low unemployment rate of 3.9%, below the Victorian average of 5.0%.
- Predominantly separate houses - 79.6% of housing stock.
- 22.1% of residents work from home, close to the Victorian average.
- Median household income is $1,675 per week, slightly below the Victorian average.
Things to Consider
- Lower percentage of residents with a bachelor's degree or higher (23.1%) compared to the Victorian average (29.2%).
- Rented properties are slightly less common at 24.6% compared to the Victorian average of 28.5%.
- Public transport usage is low at 3.1%, which might be a consideration for those without a car.
- The percentage of residents born overseas (27.9%) is below the Victorian average (35.0%).
- The percentage of residents with no health conditions (56.8%) is slightly below the Victorian average (61.0%).
What's it like living here?
Daily life in Bayswater North is marked by a strong community feel, with a high percentage of residents owning their homes outright or with a mortgage (73.6%). Commuting is primarily done by car, with 56.6% of residents driving to work, while 22.1% work from home, slightly below the Victorian average. The suburb has a mix of professionals, technicians, and trades workers, reflecting a diverse employment landscape.