All About Bayswater North, Maroondah, VIC, 3153

Bayswater North, situated within the City of Maroondah in Victoria, is a suburb that has been experiencing nuanced shifts within its housing market. The area is generally characterized by a mix of older homes and newer developments, offering a range of options for potential homeowners and investors. Historically, Bayswater North has been appealing to families and individuals seeking a balance between suburban tranquility and the amenities of nearby urban centers. The housing market here reflects a stable demand, with moderate growth trends driven by factors such as its proximity to natural attractions like the Dandenong Ranges and convenient access to retail amenities and public transport. This balance of demand and supply makes Bayswater North a notable choice for those looking to invest outside the bustle of Melbourne yet still enjoy the benefits of city access.

Living in Bayswater North offers residents a lifestyle that is quiet and family-friendly, supported by a community-oriented atmosphere. The suburb features a variety of recreational options, including parks and reserves, which appeal to outdoor enthusiasts and families alike. Schools and educational institutions are accessible, providing a solid infrastructure for families with children. Public transport facilities and road networks allow for convenient commuting to Melbourne and other surrounding areas, making it a practical choice for working professionals. Moreover, the local dining and shopping scenes, while not as expansive as those in central Melbourne, provide sufficient variety and convenience. Overall, Bayswater North presents a cohesive blend of serenity and suburban charm, making it an attractive place for those seeking a peaceful yet connected community.

Bayswater North Real Estate Market Outlook

Thinking about buying in Bayswater North? Now could not be a better time, with 5689 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $965,000 with prices in this suburb ranging from $48,000 to $5,766,000. The aproximate distance to the coast is 24 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Bayswater North are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Bayswater North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Bayswater North necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Bayswater North we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Bayswater North a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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