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Waterways
VIC, 3195 - Kingston (Vic.)

Thinking about buying in Waterways? Now could not be a better time, with 801 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,821,000 with prices in this suburb ranging from $492,000 to $4,066,000. Waterways is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $541.67
Median Monthly Mortgage $2609.44
Median Persons Per Bedroom 0.82
Average Household Size 3.11
Average Age 40.56
Average Income $910.78
Average Cars Per Dwelling 2.33
Average Properties Within 50M 8

Housing Stock

Average Property Prices

1 Bed  $1,868,000
2 Bed  $848,000
3 Bed  $1,398,000
4 Bed  $1,891,000
5 Bed  $2,267,000
6 Bed+$2,589,000

Waterways Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Waterways driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Waterways ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Waterways provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Waterways requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Waterways we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Waterways a better buying opportunity than it may have been in the past.

Houses for sale Waterways

Ray White 34 WATERSIDE DR, WATERWAYS, VIC, 3195 Beds4 Bathrooms2 Parking 2 1750000

Local Schools

Aspendale Gardens Primary School

Lighthouse Christian College

St Louis de Montfort's School

Haileybury College

Aspendale Primary School

(While the above schools are located with the suburb of Waterways there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Waterways weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.515.026.942.886.14.925.0
Feb1.715.126.445.087.04.721.1
Mar1.414.024.247.387.94.516.3
Apr2.111.120.75191.33.911.8
May1.89.017.257.190.84.28.5
Jun1.86.714.663.893.53.97.3
Jul1.76.814.360.590.84.87.5
Aug1.87.314.956.390.25.010.2
Sept1.98.717.650.589.45.014.6
Oct2.09.820.448.289.94.719.6
Nov2.511.822.347.088.74.822.8
Dec2.213.524.744.187.24.825.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Aspendale GardensBraesideAspendaleEdithvaleChelsea HeightsKeysboroughMordiallocChelseaDingley VillageMoorabbin Airport

Public Transport


General Points of Interest

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