How Much is My Home Worth in Waterways?
The median price for a house in Waterways is $1,242,000 as of March 28, 2019. So far this year there have been 18 homes sold. The average annual capital growth for houses is 7.16%. The 12-month capital growth is -1.55% on houses. The DSR or Demand to Supply Ratio rating has houses as good. There are more buyers than sellers but only just. Vendors are more often than not getting the price they are advertising. Investors expect capital growth to keep in front of the national average.
House prices and rent returns in Waterways.
- 4 bedroom home $1,110,000 Rent per week $680
The gross rental yield is 3.19%. It takes 34 days to sell a home in Waterways.
Free Real Estate Appraisal Waterways
Do you want to know the value of your house in Waterways? Or, do you have an investment property such as a house or land you want to be appraised? Property appraisals are based on recent sales history in the area together with the location to schools, shops, public transport and amenities. The size of the home is a major consideration and also the size of the block. Once we have the final appraisal we will talk you through the process on how we arrived at our property price.
Rental Appraisal Waterways
Thinking of renting your investment property? Or, maybe you are moving and want to rent your current home? Our property management department manages over 3600 residences. They range from houses, units, apartments and townhouses. Firstly, we speak with the landlord to find out the length of the rental term. Once we have the property location address we factor in its location to all types of amenities. We also base our appraisal the latest rental fees in Waterways. We have a database of potential tenants wanting to lease property. We collect the rent, maintain the property, carry out routine inspections and deliver reports to the owner.
Property Valuation Waterways
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Waterways Melbourne, Victoria
Lifestyle in Waterways
As the name suggests Waterways is 40% water and 20% parkland. This makes the suburb unique in Australia. Waterways is about 24 kilometres south of Melbourne. There is an abundance of wildlife that was created from the marshlands. The architecture was designed to provide a modern home that combines the natural feel of nature. Its neighbouring suburbs include Aspendale Gardens and Braeside.
Schools in Waterways
There are no schools in Waterways. The closest schools would be Aspendale Gardens Primary School and Mordialloc College.