Eli Waters is drawing families and investors for its lakeside living, abundant green space, solid schools and the Sanctuary Estate plus new Cherry Venture Drive homes keeping supply focused on detached family dwellings, which keeps demand steady. House prices have continued to rise over the past six months, with median figures north of $700K reflecting almost double-digit annual growth, so the suburb remains in an upward phase while listing volumes stay tight. Watch for longer days on market as buyers become choosier and for the limited unit market, but ongoing residential approvals and rental demand tied to health, education and tourism workers offer further growth upside.