Located in Queensland within the Fraser Coast local government area, Eli Waters is a smaller suburb (postcode 4655). It is home to about 3,758 residents, with a mature demographic and a median age of 48. Households earn a median income of $54K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, professionals, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Eli Waters sit at $750,000, little changed on a year ago. The current median weekly rent is $630. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,300.
The crime rate in the Fraser Coast LGA is moderate at 5,491 incidents per 100,000 population.
Looking at the investment signals, Eli Waters shows a gross rental yield of approximately 4.4%, rated as moderate yield. Property prices sit below the state median ($750K/$1.1M), which can point to relative value. The price-to-income ratio of 13.9x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.