Waterways, VIC 3195 is a suburban area with a population of 2422 residents. The age distribution skews towards the younger and middle-aged demographics, with a significant number of professionals and managers. Most residents commute via motor vehicles, while work-from-home is popular among a considerable proportion of the population. The suburb boasts a high median household income and a low vacancy rate, indicating a stable and affluent community. Waterways presents an attractive option for property investors interested in houses. The suburb has a strong market absorption rate, low days on market, and a high demand for renting out rooms. With a median price within a desirable range, a healthy rental yield, and a solid historical growth rate, Waterways is poised as a promising location for both long-term growth and rental returns. Waterways, VIC 3195 offers a desirable lifestyle for residents, characterized by a mix of young professionals, managers and families. For property investors targeting houses, the suburb provides a lucrative opportunity given its high demand for rental properties, stable market conditions, and potential for capital appreciation over time. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022