What Houses Cost in Bayswater North 2026: Median Prices & Market Signals

t", “url”: “https://upload.wikimedia.org/wikipedia/commons/e/e5/1973_Holden_LJ_Torana_GTR_%2848296774667%29.jpg", “alt”: “The Verdict”, “credit”: “wikimedia_commons”, “score”: 70}, {“position”: “Local Reality”, “url”: “https://upload.wikimedia.org/wikipedia/commons/e/e5/1973_Holden_LJ_Torana_GTR_%2848296774667%29.jpg", “alt”: “Local Reality”, “credit”: “wikimedia_commons”, “score”: 70}, {“position”: “Who This Suits”, “url”: “https://upload.wikimedia.org/wikipedia/commons/e/e5/1973_Holden_LJ_Torana_GTR_%2848296774667%29.jpg", “alt”: “Who This Suits”, “credit”: “wikimedia_commons”, “score”: 70}] —You are pricing Bayswater North and the headline number is simple: houses sit at $835,786, units at $416,339. The real question is whether you chase the family-house market now or use the cheaper unit entry point without pretending it is the same bet.

The Verdict

The winner is the median three-bedroom house at $835,786 if you want the best all-round Bayswater North property decision in early 2026. It is the suburb’s clearest benchmark because it matches the main buyer pool: first-home buyers stretching into a house, families upgrading, and people who still want a usable backyard without paying the four-bedroom premium. The growth number is doing the talking too. Houses are up 9.4% year on year, while units are only up 1.3%, so the market is clearly rewarding land and family-grade stock more than compact dwellings.

The catch is the cash needed. A 20% deposit on the median house is $167,157 before buying costs, and stamp duty on that same median house is about $45,968, or $37,610 for eligible first-home buyers using concessions. Units are the cleaner affordability play at $416,339, with a 20% deposit around $83,267 and a stronger 4.6% rental yield. But if you are buying to live in and can genuinely afford the repayments, the house is the pick. Don’t stretch to a four-bedroom just because it feels safer on paper; at $1,086,521, you are paying a serious premium and you will regret it if the budget only works in perfect conditions.

Local Reality

Bayswater North is not a bargain-bin market anymore, but it still behaves differently from suburbs where every decent listing turns into a theatre production. The median days on market is 34 days, which means good homes move quickly, but buyers are not always being forced into a panic decision by Monday morning. The auction clearance rate is 67%, so quality properties on good streets are competitive, while compromised homes still need pricing discipline. That matters if you are comparing a clean three-bedroom house against a larger place that needs work.

The most important local reality is the split between houses and units. The unit median is almost exactly half the house median, which makes the entry point look tempting. For investors, the 4.6% unit yield beats the 3.7% house yield, and the weekly median rent of $356 for a two-bedroom unit is easier to underwrite than a $568 weekly rent on a three-bedroom house. For owner-occupiers, though, the data says the house market has been doing the heavy lifting. The five-year house median has climbed from $583,190 in 2022 to $835,786 in 2026 YTD, while units have moved from $394,931 to $416,339 over the same period.

Skip this if you need a suburb where the unit market is carrying the growth story. Bayswater North’s current numbers favour land, not apartments. If your budget sits under the median house price and you cannot handle auction pressure, the unit path is reasonable, but treat it as a different purchase rather than a cheaper version of the same house decision.

Who This Suits

If you are a first-home buyer with enough deposit strength, pick the three-bedroom house and stay disciplined around the $835,786 median. If you are a family upgrading, compare the three-bedroom median against the four-bedroom jump before assuming the extra room is worth another $250,000-plus. If you are an investor chasing yield, pick the two-bedroom unit because the 4.6% annual yield is the cleaner rental number. If you are a cautious buyer, watch the 34-day median selling time and avoid getting dragged above your ceiling just because one auction feels busy.

Cost expectations are the part most buyers understate. A median house needs about $167,157 for a 20% deposit, then stamp duty of roughly $45,968 unless first-home buyer concessions apply. A median unit needs about $83,267 for a 20% deposit, which is why it remains the practical entry point for buyers who like Bayswater North but cannot make the house numbers work. The rental side is straightforward: expect about $568 per week for a three-bedroom house and $356 per week for a two-bedroom unit, based on the current medians.

Timing matters because this is a low-volume market. There were 91 settled sales over the last 12 months, so waiting for the perfect property can mean waiting longer than you expect. In a busy auction patch, a clean family house can still run hard; in a quieter patch, the 34-day median gives you room to negotiate. Early 2026 figures also reflect settled sales to March 2026, so use them as a current baseline, not a guarantee for the next listing you inspect.

What to Do Next

Use $835,786 as your house line and $416,339 as your unit line before you inspect anything. Then read the Bayswater North property market guide before bidding, because the suburb rewards buyers who know their ceiling before auction day.

Current Median Prices

Market Indicators:

• Days on market (median): 34 days
• Auction clearance rate: 67%
• Total sales (last 12 months): 91 settled

Price Breakdown by Bedroom Count

Houses

Units & Apartments

Growth Trend (5-Year View)