Property prices for sale in Bayswater (Victoria)

The prices in real estate in Bayswater, in the Victoria region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

Average price last 6 months
Price/m² last 6 months
Average price per m2

The price per m² in Bayswater has increased strongly during the last 6 months. In December, the average price per m² was $693. In the following month the price per m² increased considerably to $920. The price for the following two months in (February, March) had a considerable decrease of 46 with regard to the prior two months. The price per m² has had a considerable increase of 395 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $590.75 to $2,334.5 during April, and May.

Average price

Based upon to the price in Bayswater (suburbs), these have remained the same in the last 6 months. In our first sample month during December, the average price is $553,868. In January This price remains at $571,880. During the following two months (February, March) the average price had a considerable reduction of 53 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 192 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 28 % cheaper than the average price of $557,571 in Bayswater. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 28 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 36 % cheaper than the average price of ($1,454 / m²) in Bayswater. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 36 % cheaper than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $771,308 it is 28 % cheaper than the average price in Bayswater. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $553,122 it is 28 % more affordable than the average price.

According to the average cost per m², the cheapest property type is "Apartment" at an average cost of $1,438 / m² followed by "House" priced at $1,452 / m². "House" is the cheapest type of property with a $1,452 / m² value followed by "Apartment" with an average price of $1,438 / m².

Charts data
Average price May
Average price per m² May
Number of properties used in Bayswater
Number of properties used in region Victoria
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value