Bayswater vs Caloundra: Property Investment Comparison 2026
Side-by-side investment comparison to help you decide which suburb suits your investment goals.
Bayswater
lowVIC 3150
Caloundra
lowQLD 4551
Overview
This guide compares Bayswater (VIC, 3150) and Caloundra (QLD, 4551) as property investment options.
| Feature | Bayswater | Caloundra |
|---|---|---|
| State | VIC | QLD |
| Region | Metro Outer | Regional Major |
| Risk Level | Low | Low |
| Hybrid Score | 5.0/10 | 8.0/10 |
Price Comparison
| Price Metric | Bayswater | Caloundra |
|---|---|---|
| Median House | $891,700 | $780,000 |
| Median Unit | $692,000 | $520,000 |
| Median Townhouse | N/A | $640,000 |
Caloundra offers a lower entry price, approximately $111,700 (13%) cheaper at the median level.
Rental Yield Comparison
| Yield Metric | Bayswater | Caloundra |
|---|---|---|
| Gross Yield | 4.99% | 5.38% |
| House Rent/wk | $856 | $807 |
| Unit Rent/wk | $814 | $722 |
| Vacancy Rate | N/A | 1.0% |
| Days on Market | N/A | 24 |
Caloundra offers the higher gross yield at 5.38%, a difference of 0.39 percentage points.
Growth Comparison
| Growth Metric | Bayswater | Caloundra |
|---|---|---|
| 5yr Growth p.a. | 6.0% | 7.9% |
| 10yr Growth p.a. | 5.1% | 6.7% |
| Growth Score | 7.0/10 | 8.0/10 |
Caloundra has demonstrated stronger recent growth at 7.9% p.a. over the past 5 years.
Demographics Comparison
| Demographic | Bayswater | Caloundra |
|---|---|---|
| Population | 63,298 | 32,000 |
| Median Age | 43 | 44 |
| Household Income | $97,864 | $72,000 |
| Unemployment | 5.5% | 4.0% |
| Owner-Occupier | N/A | 62% |
Risk Comparison
| Risk Metric | Bayswater | Caloundra |
|---|---|---|
| Risk Level | Low | Low |
| Price Stability | N/A | N/A |
| Volatility | N/A | N/A |
Bayswater risks:
Caloundra risks: Higher entry price for QLD; Retiree demographic limiting rental pool; Tourism seasonality
Investment Verdict
Who should invest where?
Growth seekers may prefer investigating Caloundra (growth score 8.0/10, 5yr growth 7.9% p.a.). This suburb is better positioned for capital appreciation over a longer holding period.
Yield hunters may prefer investigating Caloundra (yield score 8.0/10, gross yield 5.38%). This suburb provides stronger rental returns and better cashflow potential.
Balanced investors seeking both growth and income may prefer Caloundra (hybrid score 8.0/10), which offers the best overall combination of metrics.
This information is general in nature and does not constitute personal financial advice. Investment decisions should be based on your individual circumstances. Consider seeking professional advice before making any property investment.
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