Waldara

Waldara, VIC 3678 is a small suburb with a population of 677 residents. The age distribution is varied, with a significant number falling in the 5-19 years and 45-64 years age groups. The median household income weekly is $2,456, with the majority of residents working in managerial, professional, and technical roles. There is good potential for those who prefer commuting by car, as the majority of residents use motor vehicles for transport. The suburb offers a quiet lifestyle, suitable for families and individuals alike. For potential investors interested in houses, Waldara presents an opportunity for both rental yield and capital growth. The suburb has shown a consistent median growth rate of 5.4% and offers a rental yield of 2.8%. With a median sale price below the neighbouring suburbs and positive growth trends over the past 5 years, Waldara could be an attractive option for those looking to invest in property. The high online search interest indicates a strong demand for housing in the area. Waldara, VIC 3678 is a suburb characterised by a diverse demographic mix and a tranquil lifestyle. With a focus on family living, the area appeals to those seeking a peaceful environment. For investors, particularly in the housing market, Waldara offers potential for rental yield and long-term capital gains, supported by positive growth trends and a strong demand for housing. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022