This property is Off Market
With an average age of 30, households expect an average monthly mortgage payment of $1,499 or a weekly rent payment of $363. The average family earns a weekly income of $1,637 with a typical household size of 3.2 and a 92.31% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Waterford West is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Waterford West leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Waterford West necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Waterford West we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Waterford West a better buying opportunity than it may have been in the past.
(Country of Birth not stated 9%)
Waterford West a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
15 / 100
32 / 100
Industry
22 / 100
32 / 100
Population
26 / 100
40 / 100
House Prices
57 / 100
63 / 100
Jobs
15 / 100
31 / 100
Incidents Trend State Average
Loganlea State High School
Loganlea, QLD, 4131 State 7-12
Logan Reserve State School
Logan Reserve, QLD, 4133 State Prep-6
Marsden State School
Marsden, QLD, 4132 State Prep-6
The Centre Education Programme
Kingston, QLD, 4114 Independent 7-12
Crestmead State School
Crestmead, QLD, 4132 State Prep-6
Burrowes State School
Marsden, QLD, 4132 State Prep-6
Waterford West State School
Waterford West, QLD, 4133 State Prep-6
Marsden State High School
Waterford West, QLD, 4133 State 7-12
Groves Christian College
Kingston, QLD, 4114 Independent Prep-12
Kingston State College
Kingston, QLD, 4114 State 7-12
To see the latest development applications
Join usAlready have an account? Sign in
134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure