Aspendale Gardens vs Waterways

Aspendale Gardens (median $1,265,000) is roughly 23% cheaper to buy into than Waterways ($1,635,000).

Buying in Aspendale Gardens or Waterways?

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Aspendale Gardens and Waterways side by side

MeasureAspendale GardensWaterways
Price and market
Median house$1,265,000$1,635,000
Median unit$348,480$348,480
Renting
Owner occupied84.0%88.0%
Renter occupied10.0%11.0%
Schools
Schools nearby2020
Average ICSEA10921077
Lifestyle and people
Walk score22–
Transit score0–
Bike score100–
Population6,4272,422
Median age4341
Climate
Annual rainfall661 mm692 mm
Mean max, January26.0°C26.2°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Aspendale Gardens (1092) sits above Waterways (1077).

For buyers
Aspendale Gardens is the lower entry point at $1,265,000 median, 23% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.
For families
Aspendale Gardens edges out on average school ICSEA (1092 vs 1077). Waterways also has a higher family-household share (93% vs 83%), so the catchment community skews family-heavy.

Aspendale Gardens vs Waterways: common questions

Is Aspendale Gardens or Waterways cheaper to buy in?

Aspendale Gardens has the lower median house price at $1,265,000, roughly 23% below Waterways ($1,635,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Aspendale Gardens or Waterways have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Aspendale Gardens scores 1092 vs 1077 in Waterways. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.