Bayswater vs MaylandsTwo Perth suburbs compared for a home loan
Bayswater (WA 6053) is approximately 7 km north-east of the Perth CBD, on the Swan River. Maylands (WA 6051) is approximately 4 km north-east of the Perth CBD, on a peninsula of the Swan River. At the 2021 Census, Bayswater had 15,288 residents with a median age of 39, and Maylands had 13,199 residents with a median age of 36.
The most common occupied dwelling was separate houses in Bayswater and flats and apartments in Maylands. Flats and apartments made up 4% of occupied dwellings in Bayswater and 36% in Maylands, while 28% of Bayswater households rented compared with 50% in Maylands. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
WA 6053 · Inner north-east Perth
Bayswater
Bayswater is a riverside Perth suburb of character and post-war houses on larger lots, with a rebuilt station where three train lines meet.
City of Bayswater. Approximately 7 km north-east of the Perth CBD, on the Swan River.
Read the full Bayswater guideWA 6051 · Inner north-east Perth
Maylands
Maylands is an inner Perth peninsula suburb with a near even mix of flats, townhouses and houses, a train station and about half of homes rented.
City of Bayswater. Approximately 4 km north-east of the Perth CBD, on a peninsula of the Swan River.
Read the full Maylands guide
What buying in Bayswater and Maylands would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Bayswater and Maylands.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Bayswater to see the repayment, transfer duty and upfront cash.
Enter a price for Maylands to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Bayswater and Maylands: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Bayswater | Maylands |
|---|---|---|
| People and households | ||
| Residents | 15,288 | 13,199 |
| Median ageAustralia 38 | 39 | 36 |
| Average household sizeAustralia 2.5 | 2.4 | 1.9 |
| Median household income, weeklyAustralia $1,746 | $2,037 | $1,623 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $350 | $300 |
| Median mortgage repayment, monthlyAustralia $1,863 | $2,000 | $1,733 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 28% | 50% |
| Owned with a mortgageAustralia 35% | 42% | 31% |
| Owned outrightAustralia 31% | 28% | 18% |
| Types of home | ||
| Separate housesAustralia 72% | 80% | 31% |
| Townhouses, terraces and semi-detachedAustralia 13% | 16% | 33% |
| Flats and apartmentsAustralia 14% | 4% | 36% |
| Homes with two bedrooms or fewer | 24% | 53% |
| Homes with four bedrooms or more | 28% | 11% |
| Dwellings unoccupied on Census night | 9% | 17% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Bayswater and Maylands
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Bayswater
- Upgraders
- First home buyers
- Investors
- Downsizers
- Valuers assess an older house on a subdividable lot as it stands, not on a projected development outcome, which matters for buyers paying for potential.
- Building a rear dwelling usually requires a construction loan drawn in progress payments against a fixed-price contract and an as-if-complete valuation.
- Western Australian contracts carry no mandatory cooling-off period, so finance and inspection conditions need to be written into the offer before it is signed.
- Off-the-plan apartments in the town centre are valued at completion, and some lenders limit exposure to a single building or apply minimum floor areas.
- Property within the mapped Swan River floodplain or a bush fire prone area may face additional building requirements and higher insurance premiums.
Maylands
- First home buyers
- Investors
- Downsizers
- Upgraders
- Small studio and one-bedroom flats may fall below the minimum internal floor area that some lenders and mortgage insurers accept.
- Strata levies reduce borrowing power, and special levies for repairs in ageing blocks affect both valuation and the buyer's budget.
- The seller of a strata lot must provide a precontractual disclosure statement, and minutes, budgets and by-laws warrant review before an offer.
- Western Australian contracts have no mandatory cooling-off period, so finance and inspection conditions need to be included in the offer.
- Low-lying foreshore land is within state floodplain mapping, and a wider flood development control area covers residential streets on the peninsula.
- Character houses are limited in number, so comparable sales can be scarce and a valuation below the contract price is possible.
Housing stock in Bayswater and Maylands compared
Bayswater
- Character houses near the town centre
- Older houses in the streets first subdivided after the railway arrived, some within the Bayswater Character Protection Area or on the Heritage List.
- Post-war houses on larger lots
- Separate houses numbered 4,892 of the 6,111 occupied dwellings at the 2021 Census, many on lots coded R25 where subdivision depends on lot size.
- Survey-strata villas and townhouses
- Infill dwellings built behind or in place of original houses accounted for 980 occupied homes at the 2021 Census.
- Town centre and station precinct apartments
- A small but growing apartment stock, guided by the Bayswater Town Centre and Meltham Station Precinct structure plans.
Maylands
- Older low-rise flats
- Flats and apartments made up 2,268 of the 6,351 occupied dwellings at the 2021 Census, most of them in low-rise strata blocks.
- Townhouses and villas
- Semi-detached, terrace and townhouse dwellings accounted for 2,110 occupied homes at the 2021 Census, largely from later infill.
- Character houses
- Early twentieth century houses, some within the Maylands North Character Protection Area or on the City's Heritage List.
- Peninsula Estate houses and newer apartments
- Houses built around the former brickworks lakes from the late 1990s, and apartment buildings in the activity centre beside the station.
Official sale price and rent figures for Bayswater and Maylands
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Bayswater
No government agency publishes a free median sale price or rent series for Bayswater, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Maylands
No government agency publishes a free median sale price or rent series for Maylands, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Bayswater and Maylands
Bayswater
Transport
- Bayswater Station (train)
- Meltham Station (train)
- Bayswater Station bus interchange (bus)
- Tonkin Highway (road)
- Garratt Road Bridge (road)
Schools and campuses
- Bayswater Primary School (primary, government)
- Hillcrest Primary School (primary, government)
- St Columba's School (primary, catholic)
- Durham Road School (special, government)
- John Forrest Secondary College (Morley) (secondary, government)
- Chisholm Catholic College (Bedford) (secondary, catholic)
Amenities
- Bayswater Riverside Gardens
- Eric Singleton Bird Sanctuary
- Baigup Wetlands
- Gobba Lake
- Bayswater Library
Maylands
Transport
- Maylands Station (train)
- Guildford Road and peninsula buses (bus)
- Guildford Road (road)
- Hotham Bridge (road)
Schools and campuses
- Maylands Peninsula Primary School (primary, government)
- Mount Lawley Senior High School (Mount Lawley) (secondary, government)
- Perth College (Mount Lawley) (combined, independent)
Amenities
- The RISE
- Maylands Library
- Maylands Peninsula Public Golf Course
- Bardon Park
- Maylands Waterland
- Peninsula Farm (National Trust WA)
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the Western Australia education department.
Compare Bayswater or Maylands with another suburb
Change either suburb, or add a third.
Related comparisons
Request a free assessment: Bayswater or Maylands
An accredited mortgage broker can check your borrowing power against prices in Bayswater and Maylands, and explain how lenders treat the homes you are considering. The assessment is free of charge and carries no obligation.