Bayswater (6053) sits roughly six kilometres north-east of the Perth CBD, within the City of Bayswater local government area, bounded to the south by the Swan River and to the west by Maylands. Its SEIFA IRSAD score of 1052 places it in national decile 9 of 10, well above the national mean of 1000, and at the 83rd state percentile within Western Australia. That reading classifies the suburb as advantaged on relative socio-economic conditions, which feeds directly into three of PropertyRanker's twelve scoring criteria. A strong SEIFA result is a meaningful macro signal, but it does not determine whether any individual listing here is worth pursuing.
ABS 2021 IRSAD release. Score 1052 (national mean = 1000).
A SEIFA IRSAD score of 1052 tells an investor that the postcode frame around Bayswater carries above-average household resources, lower concentrations of disadvantage, and the kind of income and occupation profile that tends to support stable tenant demand and sustained owner-occupier interest. In PropertyRanker's model, this reading contributes positively to economic_strength (the capacity of local incomes to absorb rent and price movements), hazard_risk (socio-economic disadvantage correlates with certain categories of asset deterioration and insurance stress), and entry_point_risk (advantaged suburbs historically show lower distressed-sale frequency, which compresses the downside tail on entry pricing). Being in decile 9 nationally and at the 83rd percentile within WA means Bayswater sits comfortably above the state median, though it is not in the very top tier, so the model does not treat it as a premium-priced outlier where yield compression becomes a structural problem. The suburb's position as an established inner-ring location with rail access via Bayswater station, a Swan River boundary, and a gentrifying commercial strip along King William Street reinforces the macro picture the SEIFA score describes. For strategy matching, the advantaged SEIFA profile and inner-metro location suggest the suburb is most naturally aligned with a Capital Growth orientation, where the gross-yield anchor sits around 3.5 percent and the thesis rests on long-run price appreciation rather than immediate income return. A Balanced strategy at around 5 percent gross yield is plausible depending on the specific dwelling type and current asking price, but investors targeting High Yield (around 6 percent) or Regional (around 7 percent) anchors are unlikely to find those numbers supported by the postcode's macro conditions without taking on meaningful entry-price or vacancy risk.
Bayswater WA 6053 recorded a median house price of $1,180,000 over the 12 months to May 2026, representing 21.4% annual growth according to CoreLogic data published by yourinvestmentpropertymag.com.au. There were 305 house sales over the same period, with houses averaging just 11 days on market. HtAG Analytics reports a vacancy rate of 0.68% and stock on market of 0.25%, pointing to tight supply conditions that continue to support strong capital momentum.
Anchor points pulled per refresh from publicly available suburb profiles. Approximate; not a moving average.
Vacancy at 0.68% and median days on market of just 11 days both signal strong demand-side pressure, with vendor discount direction unavailable; two of three measurable components point to a warming market.
Sources: Bayswater WA 6053 Suburb Profile & Property Report (2026-09-02); Bayswater WA 6053 Property Market and House Prices 2026 (2026-08-01); Bayswater Suburb Profile Perth WA 6053 - Burb Score (2026-09-01); Real Estate Appraisal Bayswater WA 6053 - Socore Realty (2022-08-23); Bayswater WA AU Suburb Profile - Smart Property Investment (2026-01-01) · Refreshed 26 Sep 2026
Bayswater's property story is dominated by the completed METRONET Bayswater Station redevelopment and the flow-on town centre and station precinct planning it has triggered, alongside a live pipeline of medium and higher density infill applications close to the station. Rental conditions are extremely tight, with sub 1 percent vacancy cited locally, which is consistent with continued upward pressure on rents even as the area absorbs new supply. Nearby, the completed Morley-Ellenbrook rail line (which starts at Bayswater Station) and ongoing Morley Station precinct structure planning are reshaping the wider City of Bayswater area and its investment appeal.
The METRONET Bayswater Station upgrade, featuring four platforms, two entrances, integrated retail and public space, is officially finished, with landscaping including over 170 trees still being completed around the precinct.
The 21km Morley-Ellenbrook line, which starts at Bayswater Station and links Morley, Noranda, Ballajura, Whiteman Park and Ellenbrook, opened in December, improving rail access for the wider inner north-east Perth corridor.
Infrastructure Magazine (2024-10-30)
A nine storey, 72 apartment social and affordable housing tower at 7-11 King William Street, close to Bayswater train station, has been filed for state approval, funded via state and federal Housing Australia Future Fund arrangements.
The Urban Developer (2026-06-01)
Multiple current development applications are listed for the Bayswater Project Area, including grouped dwellings on Burnside Street, Beechboro Road South and Foyle Road, a nine storey mixed use development on King William Street, and mixed use proposals on Beechboro Road South, reflecting ongoing infill activity under the METRONET East Bayswater planning framework.
A draft Morley Station Precinct Structure Plan, which would rezone land around the new Morley train station for higher density residential development, has been submitted to the state government but consideration has been delayed; this affects the wider City of Bayswater LGA area near the suburb rather than Bayswater itself.
Market analytics cite a Bayswater vacancy rate around 0.68 to 0.8 percent with rents up mid single digits year on year, consistent with sustained tenant competition in the suburb.
HtAG Analytics, Bayswater WA 6053 Property Market (2026-06-13)
Updated 16 Aug 2026. Items link to their original sources. Compiled by AI from public reporting; verify anything material before relying on it.
PropertyRanker scores any Australian property against 12 criteria across three pillars: Growth, Cashflow, and Risk. SEIFA is a primary signal for economic strength and a supporting one for entry-price risk. It also informs the crime side of hazard risk, though physical overlays like flood, bushfire and coastal exposure, and recorded crime data where available, take priority there. The decile of 9 shown above gives a listing in Bayswater a stronger starting line on economic strength than the national median postcode, and a softer one on entry-price risk, since more advantaged postcodes usually carry higher entry prices.
On top of that, PropertyRanker chooses one of four strategies (Balanced, Growth, Yield, Regional) and applies a per-strategy yield anchor. The anchors are 3.5% for Growth, 5% for Balanced, 6% for Yield, and 7% for Regional. A postcode at this level of relative advantage tends to suit the Growth (3.5% anchor) and Balanced (5% anchor) strategies more readily than Yield (6%) or Regional (7%), because a higher entry price compresses the gross yield a listing can reach without a specific value-add.
Read the scoring guide for the full criteria list and how the verdict thresholds work.
SEIFA operates at the postcode level and cannot see the variables that determine whether a specific listing scores well or poorly inside this frame. Before drawing any conclusion on a Bayswater property, an investor should confirm the current SQM vacancy rate for 6053, because even an advantaged suburb can carry pockets of oversupply in particular dwelling categories. Strata and unit buyers should obtain body corporate financials and check the sinking fund balance, since the SEIFA score says nothing about the health of a specific owners corporation. The Swan River boundary and the suburb's low-lying northern foreshore areas mean flood overlay and drainage reserve status should be checked against the City of Bayswater planning maps and the State flood risk datasets. Pricing should be tested against recent comparable sales rather than assumed from the suburb's general reputation. Run the specific listing through PropertyRanker to receive a verdict that accounts for all twelve criteria, including the live SQM vacancy reading, overlay status, body corporate health signals, and pricing against recent comparable sales that a postcode-level SEIFA reading cannot see.
Bayswater's SEIFA IRSAD score of 1052 (national decile 9, 83rd state percentile) indicates an advantaged socio-economic profile, which PropertyRanker treats as a positive macro signal across three of its twelve scoring criteria. That said, a strong postcode-level reading does not make every listing here a sound investment; the specific dwelling, its pricing against recent comparable sales, and current vacancy conditions all matter. Score the individual property in PropertyRanker to see how the full twelve-criterion model rates it.
The suburb's advantaged SEIFA profile and inner north-east Perth location most naturally align with a Capital Growth strategy, where PropertyRanker's gross-yield anchor sits around 3.5 percent and the thesis relies on long-run price appreciation supported by strong owner-occupier demand. A Balanced strategy at around 5 percent gross yield may be achievable on certain dwelling types, but the macro conditions here do not typically support the High Yield or Regional anchors of 6 to 7 percent without accepting meaningful pricing or vacancy risk. Verify the current yield on any specific listing before assuming strategy fit.
The suburb's Swan River boundary and low-lying foreshore areas mean flood overlay and drainage reserve status are worth checking on any property close to the river, and SEIFA cannot flag this at the individual lot level. Strata purchasers face body corporate risk that the postcode score cannot see, so sinking fund health and levy history need independent verification. Entry-price risk is also relevant in an advantaged suburb where buyer competition can push prices above what the rental income justifies, particularly for investors targeting yield rather than growth.
PropertyRanker uses the SEIFA IRSAD reading as a primary input for three of its twelve scoring criteria: economic_strength, hazard_risk, and entry_point_risk. Bayswater's score of 1052 contributes positively to all three, reflecting above-average household resources and a lower probability of distressed-sale conditions. The remaining nine criteria cover factors the postcode score cannot see, including current SQM vacancy, body corporate health, flood and planning overlay status, and pricing against recent comparable sales, so the SEIFA contribution is one part of a broader verdict.
Maylands (6051) sits directly to the west and shares the same LGA and a broadly similar gentrification story, making it a useful comparison market for pricing and tenant demand. Embleton (6062) to the north-east is generally considered more affordable within the City of Bayswater, which can make it a relevant reference point for investors weighing entry cost against yield potential. Each suburb carries its own SEIFA reading and its own listing-level variables, so a comparison at the postcode level is a starting point rather than a conclusion; score each specific property in PropertyRanker for a criterion-by-criterion comparison.
Paste a real address. Get a defensible verdict across 12 criteria in around three minutes.
Score a property free