Suburb Profile Report for Waterways VIC (3195)

Waterways House: Median price $960,000, Annual capital growth 10.39%, Number of sales 30, Weekly median advertised rent $630

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Waterways has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.67%

Waterways,3195 has offered an average of 6.67% return per annum in house price rises to property investors over the last three years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Waterways itself are offering an average vendor discount of -3.11% to real estate investors.

Situated 26.72km from the CBD, Waterways is one of Kingston localities in the postcode 3195.

HOUSE UNIT
$960,000 N/A
-1.54% N/A
6.67% N/A
10.39% N/A
$630 N/A
30 N/A
3.41% N/A
48.88 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 2163
Median household income ($/weekly) 2410
Median age of persons 33
Median housing loan repayment ($/monthly) 2633
Average household size 3.4
  • Census Count Percent(%)
    0-4 years 195 9.0
    5-14 years 378 17.5
    25-34 years 303 14.0
    35-44 years 493 22.8
    45-54 years 287 13.3
    Others 505 23.4
    Age Group
    Census Count Percent(%)
    Registered Married 995 65.7
    Not Married 405 26.7
    Defacto Relationship 115 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1134 53.9
    Croatia 115 5.5
    United Kingdom 113 5.4
    Viet Nam 108 5.1
    Other 104 4.9
    Others 528 25.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 272 13.5
    Christianity 1123 55.5
    Hinduism 90 4.5
    Islam 66 3.3
    No Religion 451 22.3
    Others 20 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 65 11.2
    $2,000-$2,499 81 14.0
    $2,500-$2,999 95 16.4
    $3,000-$3,499 82 14.2
    $4,000 or more 60 10.4
    Others 195 33.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 819 52.9
    Not in the labour force 371 24.0
    Employed, worked part-time 259 16.7
    Employed, away from work 57 3.7
    Unemployed, looking for work 41 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 221 19.5
    Professionals 310 27.3
    Technicians & trades workers 110 9.7
    Clerical & administrative workers 188 16.6
    Sales 100 8.8
    Others 206 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 57 9.3
    Infants/Primary 248 40.3
    Secondary 173 28.1
    Technical or Further Educational Institution 29 4.7
    University or other Tertiary Institutions 89 14.4
    Others 20 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2066 98.9
    Semi-detached, row or terrace house, townhouse 23 1.1
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 453 71.5
    Fully owned 144 22.7
    Rented 37 5.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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