All About Waterways, Kingston (Vic.), VIC, 3195

Waterways in Kingston, Victoria, is a unique residential suburb known for its distinctive setting and tightly-knit community. What sets Waterways apart is its careful planning around artificial lakes and wetlands, creating an enviable living environment that feels close to nature while still offering modern conveniences. The housing market here reflects this premium setup, with a mix of contemporary homes designed to blend in with the lush surroundings. Properties in Waterways typically feature open, airy layouts that take advantage of the scenic views and natural light. Despite its premium pricing, the area remains highly attractive to homebuyers who value a serene, nature-focused lifestyle within easy reach of Melbourne's amenities.

Living in Waterways offers residents the opportunity to enjoy a peaceful and health-oriented lifestyle. The suburb is designed with an emphasis on the outdoors, boasting numerous walking trails, parks, and opportunities for birdwatching around the waterways, promoting an active lifestyle. It's a family-friendly area with a strong sense of community, where neighbors often engage in local events and activities. While Waterways provides a tranquil residential atmosphere, it's also conveniently located near shopping centers, schools, and public transport, ensuring residents are well-connected to urban facilities. This blend of natural beauty and accessibility makes Waterways a desirable place for those looking to escape the hustle and bustle while maintaining a connection to the vibrant city life of Melbourne.

Waterways Real Estate Market Outlook

Thinking about buying in Waterways? Now could not be a better time, with 801 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,821,000 with prices in this suburb ranging from $492,000 to $4,066,000. Waterways is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Waterways driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Waterways ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Waterways provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Waterways requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Waterways 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 Waterways a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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