Side by sideSuburb comparison

Chelsea Heights vs Waterways.

Comparing two suburbs with median house prices of $1,008,500 and $1,635,000. Chelsea Heights edges out on more headline metrics in this comparison.

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

On school quality, the average ICSEA across schools serving Chelsea Heights (1079) sits above Waterways (1077).

The takeWhich suburb suits which buyer

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.

Common questionsChelsea 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.

The numbers behind the take

Chelsea Heights
Metric
Waterways

Price & Market

$1,008,500
Median house
$1,635,000
$778,000
Median unit
$348,480
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

Rent (house / wk)
Rent (unit / wk)
84.0%
Owner occupied
88.0%
13.0%
Renter occupied
11.0%

Lifestyle & Demographics

12
Walk score
0
Transit score
100
Bike score
5,393
Population
2,422
40
Median age
41

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1079
Avg ICSEA
1077

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).