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Eli Waters is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the coastal city of Hervey Bay, it provides residents with a relaxed lifestyle enriched by its proximity to stunning beaches and natural attractions. The suburb's charm lies in its blend of modern homes and established properties, creating a welcoming atmosphere for families and retirees alike. With local amenities such as shopping centers, schools, and parks, Eli Waters ensures that all essential needs are met within a short distance, enhancing the convenience of daily life.

The vibe in Eli Waters is one of tranquility and community spirit, making it particularly appealing to families seeking a supportive and inclusive environment. The suburb's proximity to the Great Sandy Strait and Fraser Island offers ample opportunities for outdoor activities and water sports, catering to those who love an active lifestyle. Safety is generally not a concern, contributing to the suburb's reputation as a peaceful haven for its residents.

While Eli Waters offers a fantastic lifestyle, there are some trade-offs to consider. The suburb may not have the bustling nightlife or cultural scene of larger urban areas, which might be a drawback for those seeking a more vibrant social life. However, the trade-off is a quieter, more relaxed pace of living, which many find appealing. Additionally, while public transport options are currently limited, the ongoing residential development and accessible amenities continue to support property demand and steady growth.

For families, Eli Waters provides a nurturing environment with access to quality education and recreational facilities. The suburb's community-oriented atmosphere and diverse family dynamics make it a supportive place for both young families and those with older children. Overall, Eli Waters is a charming suburb that offers a balanced and fulfilling lifestyle, perfect for those who appreciate coastal living and a strong sense of community.

Living in Eli Waters can be seen as moderately expensive, especially when you consider the current property market. The median house price is around $708,000, which is quite a significant amount for a suburb in this region. With no current data on unit prices, it seems that houses are the primary option for homebuyers here. If you're looking to rent, the average rent for houses is about $630 per week, which can take up a considerable portion of your income.

Comparing this to the average wage in Eli Waters, which is about $85,000 per year, the cost of housing can be a bit of a stretch. The median total household income weekly is $1,038, which suggests that a significant portion of household income would need to be allocated towards housing costs, whether buying or renting. This could make it challenging for individuals or families earning the average wage to comfortably afford living in Eli Waters without careful financial planning.

Overall, while Eli Waters offers a pleasant lifestyle with its proximity to the coast and local amenities, the cost of living, particularly in terms of housing, can be a bit on the higher side compared to other areas in Queensland. If you're considering making Eli Waters your home, it's important to evaluate your financial situation to ensure it aligns with the expenses associated with living in this suburb.

Eli Waters is showing promising signs as a potential investment hotspot, especially for those interested in the housing market. Over the last year, the suburb has experienced a significant 18.3% increase in median house values, indicating strong demand and a healthy growth trajectory. This kind of capital growth is attractive for investors looking to benefit from property appreciation over time.

While the unit market in Eli Waters has remained stable with no change in median values or rent, houses have seen a notable 7.7% increase in rental prices. This suggests a growing demand for rental properties, which could provide a steady income stream for investors. The suburb's appeal likely stems from its family-friendly environment and proximity to essential amenities, making it a desirable location for renters and buyers alike.

Overall, Eli Waters presents a compelling case for investment, particularly in the housing sector. With its strong capital growth and increasing rental demand, it offers a balanced opportunity for both capital appreciation and rental income. Investors seeking a stable and growing market might find Eli Waters to be a worthwhile consideration.