Keysborough vs Waterways

Keysborough (median $980,000) is roughly 40% cheaper to buy into than Waterways ($1,635,000).

Buying in Keysborough or Waterways?

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Keysborough and Waterways side by side

MeasureKeysboroughWaterways
Price and market
Median house$980,000$1,635,000
Median unit$722,800$348,480
Renting
Owner occupied78.0%88.0%
Renter occupied19.0%11.0%
Schools
Schools nearby2020
Average ICSEA9891077
Lifestyle and people
Walk score0–
Transit score0–
Bike score100–
Population30,0182,422
Median age3641
Climate
Annual rainfall692 mm692 mm
Mean max, January26.2°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 Waterways (1077) sits above Keysborough (989). Waterways skews owner-occupied (88%), Keysborough runs more rental-dense (78% owner).

For buyers
Keysborough is the lower entry point at $980,000 median, 40% 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
Waterways edges out on average school ICSEA (1077 vs 989).

Keysborough vs Waterways: common questions

Is Keysborough or Waterways cheaper to buy in?

Keysborough has the lower median house price at $980,000, roughly 40% below Waterways ($1,635,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Keysborough or Waterways have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Waterways scores 1077 vs 989 in Keysborough. 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.