Get a property report and suburb profile for any property in Eli Waters

Eli Waters is a largely residential pocket of Hervey Bay with quiet, tree-lined streets and a mix of established lowset brick homes and newer single-storey developments. Parks, sporting fields and foreshore recreational areas are close at hand, while local shops and schools sit within easy reach. Regular bus routes and main roads connect to the Hervey Bay CBD and the coastal esplanade, so day-to-day errands and outings are straightforward. The suburb suits families and retirees who prefer a relaxed, seaside-adjacent lifestyle outside the busier tourist strips.

About 3,758 people live in Eli Waters and the median age is 48, with a typical household income of $1,038 a week. Housing is predominantly owner-occupied (48.3% owned outright, 22.5% with a mortgage; 29.1% rented). Local and regional plans point to new trunk infrastructure and planned sewer works for the Eli Waters/Dundowran area, and a state-managed intersection upgrade is under way to improve traffic movement and support pedestrians and bike riders. Whether it suits you will depend on what you value in a suburb.

On the figures for Eli Waters, housing costs sit well above what local households earned at the last Census. A median house price of $797,500 works out to about 14.8 times a typical local household's annual income at the last Census. Renting a house at about $650 a week would use roughly 62.6% of a typical local household's weekly income at the last Census, which is a large share. Buying is especially stretched against local incomes on these numbers; whether that feels expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months Eli Waters saw median house values climb 11.2%, a strong rise, while the rent those houses earned edged up 1.6%, a slight increase. Put simply, house capital growth has been the larger movement this year, whereas rental income for houses has only moved marginally. There isn't enough recent data for units to include their changes.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.