Market snapshot
Suburb insights for Waterways3195
Change suburbWaterways, 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
4.3%
Metro Melbourne Comparison
$943k
3.8%
| Bedrooms | Waterways | Metro comparison |
|---|---|---|
| 2 | - | $930,500 |
| 3 | - | $870,000 |
| 4 | $1,500,000 | $990,000 |
| Insight | Waterways | Metro comparison |
|---|---|---|
| Clearance rate | 69.4% | |
| Days on market | 44 | 45 |
Rental data
Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | Waterways | Metro comparison |
|---|---|---|
| 2 | - | $615 |
| 3 | - | $570 |
| 4 | - | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.