Waaia, a quaint locality in the Moira Shire of Victoria, offers a serene lifestyle that's largely influenced by its agricultural surroundings. The housing market in Waaia tends to be more affordable compared to urban centers, presenting an attractive option for those looking to escape the hustle and bustle of city life. Homes here often come with larger land parcels, providing plenty of space for families, gardening, or even small-scale farming endeavors. This makes Waaia particularly appealing to those who value outdoor space and a close-knit community atmosphere. Property turnover tends to be slower, reflecting the steady, laid-back pace of life, with buyers often seeking long-term residency rather than short-term investment opportunities.
Living in Waaia is synonymous with enjoying the tranquility and simplicity of rural life. The town is small and friendly, where neighbors know each other and community events bring residents together. It's an area rich in natural beauty, with wide open spaces and generally clear skies, making it perfect for those who appreciate nature and a quieter existence. While Waaia might lack the amenities found in larger towns, the nearby regional centers provide access to necessary services and shopping options. Residents typically enjoy a relaxed lifestyle with a strong focus on community activities and outdoor pursuits, making Waaia an ideal location for those looking to embrace a peaceful and community-centered way of living.
Median Weekly Rent | $225.00 |
Median Monthly Mortgage | $1242.83 |
Median Persons Per bed houseroom | 0.77 |
Average Household Size | 3.00 |
Average Age | 41.50 |
Average Income | $690.50 |
Average Cars Per Dwelling | 2.66 |
Average Properties Within 50M | 2 |
Typical 1 bed house | $609,000 |
Typical 2 bed house | $221,000 |
Typical 3 bed house | $398,000 |
Typical 4 bed house | $826,000 |
Housing Stock
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Thinking about buying in Waaia? Now could not be a better time, with just 240 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $594,000 with prices in this suburb ranging from $31,000 to $2,304,000. The aproximate distance to the coast is 192 Km.
Consistent high demand relative to supply is a key feature in Waaia driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Waaia due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Waaia changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Waaia to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Waaia the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation15-17 Waaia-Bearii Road, Waaia, VIC, 3637 | 3 | 1 | 1 | $360,000 |
Waaia Yalca South Primary School
(While the above schools are located with the suburb of Waaia there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 15.7 | 32.8 | 23.7 | 80.9 | 3.2 | 26.4 |
Feb | 0.6 | 15.3 | 31.4 | 26.3 | 81.6 | 2.9 | 23.5 |
Mar | 1.4 | 13.1 | 27.8 | 32.0 | 86.1 | 2.7 | 18.0 |
Apr | 1.5 | 9.5 | 23.1 | 41.3 | 92.6 | 2.1 | 13.3 |
May | 1.3 | 6.3 | 17.8 | 54.5 | 97.0 | 2.1 | 9.4 |
Jun | 1.5 | 3.9 | 14.2 | 66.7 | 98.7 | 1.9 | 7.6 |
Jul | 1.3 | 3.7 | 13.8 | 66.4 | 98.6 | 2.2 | 8.4 |
Aug | 1 | 3.8 | 15 | 57.2 | 98.1 | 2.3 | 11.3 |
Sept | 1.0 | 5.6 | 18.7 | 47.2 | 97.5 | 2.4 | 16.2 |
Oct | 0.8 | 7.9 | 23.7 | 34.9 | 93.3 | 2.7 | 21.6 |
Nov | 0.8 | 10.7 | 27.3 | 27 | 89.4 | 3.0 | 24.9 |
Dec | 1.3 | 13.5 | 30.7 | 21.6 | 81.5 | 3.2 | 28.1 |
source: Australian Government Bureau of Meteorology
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