Waterways

Waterways, VIC 3195 is a vibrant suburb with a population of 2,422 residents. The majority of residents fall in the age groups of 5 to 19 years and 45 to 64 years. The suburb offers various commuting options, with a significant number of residents working from home. The median household income is high, reflecting a well-established community with a mix of occupations, including professionals, managers, and technicians/tradeworkers. Waterways presents a lucrative opportunity for investors interested in houses. The suburb has shown a strong median growth rate, indicating potential for capital appreciation. With a low discount median and relatively low days on market, investment in renovating properties could yield significant returns. The high room demand-supply ratio suggests a strong rental market, appealing to property developers and buy-to-let investors. Waterways, VIC 3195 is a desirable suburb known for its high-income demographic, educational advantage for students, and convenient commuting options. The property market, especially for houses, offers promising investment opportunities with strong growth potential and rental demand. Homeowners can enjoy a blend of suburban tranquillity and modern amenities in this sought-after location. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022