Chelsea Heights vs Waterways

Chelsea Heights (median $1,008,500) is roughly 38% cheaper to buy into than Waterways ($1,635,000).

Buying in Chelsea Heights or Waterways?

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Selling in Chelsea Heights? The free selling guide

Chelsea Heights and Waterways side by side

MeasureChelsea HeightsWaterways
Price and market
Median house$1,008,500$1,635,000
Median unit$778,000$348,480
Renting
Owner occupied84.0%88.0%
Renter occupied13.0%11.0%
Schools
Schools nearby2020
Average ICSEA10791077
Lifestyle and people
Walk score12–
Transit score0–
Bike score100–
Population5,3932,422
Median age4041
Climate
Annual rainfall678 mm692 mm
Mean max, January25.9°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 Chelsea Heights (1079) sits above Waterways (1077).

For buyers
Chelsea Heights is the lower entry point at $1,008,500 median, 38% 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
Chelsea Heights edges out on average school ICSEA (1079 vs 1077). Waterways also has a higher family-household share (93% vs 75%), so the catchment community skews family-heavy.

Chelsea Heights vs Waterways: common questions

Is Chelsea Heights or Waterways cheaper to buy in?

Chelsea Heights has the lower median house price at $1,008,500, roughly 38% below Waterways ($1,635,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Chelsea Heights or Waterways have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Chelsea Heights scores 1079 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.