Bayswater, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Bayswater
VICCensus 2021 · Population 12,260
Bayswater, VIC, is a suburb with a total population of 12,260, characterized by a balanced gender distribution with 49.1% males and 50.9% females. The median age is 38, aligning with the Victorian average. Families are a significant part of the community, with 41.3% of households being couples with children and 19.4% being single-parent households. The suburb has a diverse cultural background, with 61% of residents born in Australia and 39% born overseas, which is higher than the Victorian average of 35%.
Key Highlights
- Balanced gender distribution with 49.1% males and 50.9% females.
- High proportion of families with children at 41.3%.
- Diverse cultural background with 39% born overseas.
- Significant work-from-home population at 23.7%.
- Mixed housing options with 61.7% separate houses.
Things to Consider
- Below average education levels with 26.5% holding a bachelor's degree (vs VIC 29.2%).
- Higher rental percentage at 33.5% compared to the VIC average of 28.5%.
- Lower median household income at $1,598 weekly compared to the VIC average of $1,759.
- Lower percentage of separate houses than the VIC average of 73.4%.
- Slightly higher unemployment rate at 4.4% compared to the VIC average of 5.0%.
What's it like living here?
Daily life in Bayswater involves a mix of commuting and local work, with 54% of residents driving to work and 23.7% working from home, slightly below the Victorian average of 25.7%. The community has a suburban feel with 61.7% of housing being separate houses. The suburb offers a variety of housing options, including townhouses and apartments, catering to different lifestyle needs.