Suburb Profile Report for Waterways VIC (3195)

Waterways House: Median price $1,060,500, Annual capital growth 11.65%, Number of sales 33, Weekly median advertised rent $640

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

Source: CoreLogic

  • House Report

Giving property investors a a solid capital gain of 17.57% for the last year, Waterways, 3195 is the 341th highest performer in Australia in this respect.

Waterways,3195 has offered an average of 17.57% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -3.11% to buyers in Waterways at the moment, which is less than average for the rest of VIC.

Using the current median advertised rental of $640 and the average annual increase in value of a median property of 11.65%, investors should hope to achieve an overall return of 3.14%

HOUSE UNIT
$1,060,500 N/A
10.47% N/A
17.57% N/A
11.65% N/A
$640 N/A
33 N/A
3.14% N/A
59.06 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), 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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Recent sales & rentals