Market snapshot

Suburb insights for Waterways3195

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Waterways, approximately 25 km southeast of Melbourne’s CBD, is a unique residential enclave surrounded by wetlands, lagoons, and parklands. Designed with sustainability in mind, the suburb features modern homes nestled among nature reserves, walking trails, and lakes that attract a diverse range of birdlife and outdoor enthusiasts. With close access to freeways, beaches, and shopping centres in neighbouring suburbs like Mordialloc and Chelsea Heights, Waterways offers a tranquil, community-focused lifestyle ideal for families and downsizers seeking a natural setting with urban convenience.

Sales data

Median sale price
$1.7mil
Annual price change
12%
Metro Melbourne Comparison
$974k
3.8%
BedroomsWaterwaysMetro comparison
2-$940,000
3-$851,000
4$1,630,000$970,000
InsightWaterwaysMetro comparison
Clearance rate77.8%
Days on market4136

Rental data

Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$580
3.2%
BedroomsWaterwaysMetro comparison
2-$585
3-$550
4-$600
Median data for the current quarter

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