Average rent in Bayswater, VIC — 2026

Bayswater runs roughly with the Victoria state median — renters typically pay $376/week, close to the $363/week state baseline (ABS Census 2021). Most households here own (63% are owners or paying off a mortgage) and only 33% rent. Separate houses dominate the housing stock (62%), which gives the suburb a quieter, family-leaning feel — borne out by a median age of 38 and a population around 12,589. The most common occupation is Professionals, and 35% of residents were born overseas. Bayswater is 27km from Melbourne, and rent trajectories here tend to track the state average rather than running ahead of it — but state rent indices have moved since 2021, so double-check against the live figure above.