Waterways Property Investment Overview

Suburb research data for Waterways, VIC 3195 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2025
Median House Price
$1,635,000
2025 data
Gross Rental Yield
2.8%
Weekly Rent
$887
Renter Demand
27%
of residents rent
Vacancy Rate
0.7%
Low — tight market
Population
2,422
Suburb residents

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📍 Suburb Overview

State VIC
Postcode 3195
Median house price $1,635,000
Median unit price
Weekly rent (median) $887/wk (unlock cashflow model)
Gross yield 2.8% (unlock risk & score)
Renter % 26.9%
Vacancy rate 0.67%
Population 2,422
Median household income $156,676/yr
Owner-occupied 73.1%
Median age 41 yrs
Total dwellings 290

🛡️ Safety & Crime

Reported crime level Higher reported crime
Incidents / 1,000 residents 55

Waterways shows above-average reported crime compared with other VIC suburbs, based on 2024 state police data.

Source: VIC police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: Medium Medium

Backed by 10-29 recent transactions; treat as a solid estimate.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

Low vacancy (0.7%) — tight rental market
⚠️ Higher reported crime (55 incidents/1,000 residents) — VIC reported data 2024
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Price History

We only chart a price trend when the underlying source data is consistent enough to be reliable. For this suburb, the current median above reflects the latest data we can stand behind.

🏫 Schools

School data is not yet available for VIC suburbs (currently NSW & VIC).

🔄 Compare & Explore

Waterways's 2.8% gross rental yield is below the VIC median of 3.1%, across 760 VIC suburbs with public data.

Similar suburbs in VIC by price range, ranked by yield:

Park Orchards, VIC
3.6% yield
$1,225,000
Brighton East, VIC
3.5% yield
$1,230,000
Carlton North, VIC
3.4% yield
$1,177,500
Balwyn North, VIC
3.3% yield
$1,240,000
Brighton East, VIC
3.3% yield
$1,300,500
Cremorne, VIC
3.3% yield
$1,230,000
Compare with nearby Open comparison →
Best suburbs to invest in VIC View VIC shortlist →
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Deal Review Review a property →

💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $1,635,000
Deposit (20%) $327,000
Loan (80% LVR) $1,308,000
Weekly rent $887/wk
Annual rent income $46,124/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Waterways a good suburb to invest in?

Waterways has an average renter proportion and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Waterways?

The median house price in Waterways is approximately $1,635,000 based on 2025 public data.

What is the rental yield in Waterways?

The indicative gross rental yield in Waterways is 2.8%, based on a median weekly rent of $887 against a median price of $1,635,000. This is general data only — actual yields vary by property, condition and market timing.

How does Waterways compare to other suburbs?

Use the suburb comparison tool to compare Waterways against other Australian suburbs by price, yield, vacancy and renter demand.

Is Waterways a safe suburb?

Waterways shows above-average reported crime compared with other suburbs in VIC, based on 2024 state police data. The reported crime rate is about 55 incidents per 1,000 residents. Always check current local crime statistics before deciding.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

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General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →