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Bayview, NSW 2104

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Bayview, NSW 2104 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Bayview, NSW 2104”

  1. The total adult population (15 years or older) of Bayview 2104 NSW is 3,345, with a median age of 58. Of those, 55.28% are married, 11.57% are divorced or separated, 21.43% are single and 11.60% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $12,200. The median monthly mortgage repayment for households in this suburb is $3,691 which is 30.25% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in New South Wales, the suburb of Bayview 2104 comprises approximately 1872 households. As we journeyed into Q3 of 2023, the property market profile for houses in Bayview 2104 turned out quite interesting. Here’s an analysis of the metrics.

    The typical price for houses perched at a significant $2,693,345 with a median weekly rent valued at $1,434. This statistic indicates an indicative yield of 2.77%, positioning itself marginally below the minimum attractive market requirement of 3%. While this may not initially attract cashflow-focused property investors, it’s important to evaluate this context within a larger scope of metrics and trends.

    The socio-economic landscape of Bayview 2104 is sound – reflected by an IRSAD score of 1111 out of a possible 1217. This score translates to good access to economic resources and higher income levels in the area. The suburb demonstrates a renter to owner ratio of 7%, a promising sign for long term returns with low risk. Also, with a units to houses ratio of just 5%, it carries lower likelihood of oversupply – setting the stage for stable rental yields and less competition among landlords.

    However, the high affordability index for houses, marked at 86 years, alerts towards decreased housing affordability in the area. While this may affect the potential pool of buyers, it’s not necessarily deterrent for investors.

    Studying the supply factor, we find favourable signs. The stock on market percentage for houses is as low as 0.05%, and the inventory level is pegged at 0.32 months – both far below typical saturation points. Furthermore, the building approvals ratio for houses is at 0.0%, signalling a stagnant supply of new dwellings, likely leading to price gains for existing properties in the market.

    In terms of demand, the days on market for houses averages 20 days, suggesting high demand and a fast-paced market. The vacancy rate, including both houses and units, sits at a comfortable 1.54%, again indicative of robust demand. The buy search index for houses is vibrant with a value of 6, making it an attractive area for market participation.

    All considered, while the yield might seem less preferable, the overall market conditions, governed by the harmony of supply-demand dynamics and strong socio-economic environment, make BAYVIEW 2104 a suburb worth keeping an eye on for property investors and buyers agents. It’s a reminder that focusing only on one or two metrics can miss out on the bigger, complex picture that is the property market. HtAG Analytics’ Relative Composite Score (RCS) can be particularly handy here, combing over 80 factors to automate this research.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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