Waaia

Waaia, VIC 3637 is a small suburb with a population of 420 residents. The age demographics are fairly distributed across different age groups, with a slight majority falling in the 45 to 64 years category. The median household income is $1,350 per week, and there is a mix of occupations present in the suburb, with Managers being the top occupation followed by Technicians and Tradeworkers and Professionals. The residents have various commuting preferences, with motor vehicles being the dominant mode of transport. The suburb's property market for houses seems to be relatively stable with a low stock on market rate, indicating a potential shortage of available properties. The high online search interest suggests a good level of buyer demand. However, the sale price median has shown a significant negative growth trend over the past year. With a median sale price below $300,000, Waaia may be attractive to budget-conscious investors or homebuyers looking for affordable housing options. Waaia, VIC 3637 offers a quiet lifestyle in a small community with predominantly house properties. For investors, the suburb presents potential opportunities for affordable housing investments, particularly for renovators or those looking to enter the market at a lower price point. The presence of various occupations in the area indicates some economic diversity within the community. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022