Edithvale vs Waterways

Edithvale (median $1,217,500) is roughly 26% cheaper to buy into than Waterways ($1,635,000).

Buying in Edithvale or Waterways?

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Edithvale and Waterways side by side

MeasureEdithvaleWaterways
Price and market
Median house$1,217,500$1,635,000
Median unit$870,000$348,480
Renting
Owner occupied73.0%88.0%
Renter occupied25.0%11.0%
Schools
Schools nearby2020
Average ICSEA10851077
Lifestyle and people
Walk score22–
Transit score100–
Bike score100–
Population6,2762,422
Median age4041
Climate
Annual rainfall651 mm692 mm
Mean max, January25.7°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 Edithvale (1085) sits above Waterways (1077). Waterways skews owner-occupied (88%), Edithvale runs more rental-dense (73% owner).

For buyers
Edithvale is the lower entry point at $1,217,500 median, 26% 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
Edithvale edges out on average school ICSEA (1085 vs 1077). Waterways also has a higher family-household share (93% vs 70%), so the catchment community skews family-heavy.

Edithvale vs Waterways: common questions

Is Edithvale or Waterways cheaper to buy in?

Edithvale has the lower median house price at $1,217,500, roughly 26% below Waterways ($1,635,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Edithvale or Waterways have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Edithvale scores 1085 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.