Waterways, VIC 3195
City of KingstonAll suburbs in postcode 3195
Updated
Median house price
$1,635,000
Median · Land Victoria · the latest published quarter (updated May 2026)
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Waterways at a glance
- Median unit
- $348,480
- Population
- 2,422
- Median age 41
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Population: 2021 Census
House prices in Waterways
Houses change hands at $1,635,000 on a typical sale, well above the Victoria median. Units come in around $348,480, roughly 79% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $327,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Free appraisal in Waterways
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What to know about Waterways
Waterways (3195) sits in the Kingston region of Victoria. The median house here is $1,635,000, well above the Victoria median of around $850K.
Waterways has roughly 2,422 residents, with a typical family-age mix. Households are predominantly owner-occupied.
What it’s like to live here
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 692 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 9 government primary, 2 government secondary, 4 Catholic, 4 independent.
Schools in Waterways
Schools serving Waterways: government first, then Catholic and independent.
Government schools
© ACARA, licensed under CC BY 4.0.
Location
Demographics
The 2021 Census put Waterways's population at 2,422, with a median age of 41. That sits as a typical family-age mix. Households are predominantly owner-occupied (88% own, 11% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (93% family households, 6% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 93%
- Lone person
- 6%
- Owner occupied
- 88%
- Renter occupied
- 11%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Crime and safety
45 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 692 mm
- Hottest month, avg max
- 26.2°C
- Coldest month, avg min
- 6.7°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Waterways
- What is the median house price in Waterways?
- The median house price in Waterways, VIC 3195 is $1,635,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $348,480.
- How much is my house worth in Waterways?
- A useful starting point is the Waterways median house price of $1,635,000 (units $348,480). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Waterways postcode?
- Waterways is in the 3195 postcode, in VIC, in the City of Kingston region.
- Where is Waterways?
- Waterways is a suburb in the City of Kingston area, VIC 3195.
- What schools are in Waterways?
- There are 20 schools serving Waterways on this page, including Aspendale Gardens Primary School, Lighthouse Christian College, St Louis de Montfort's School.
- What suburbs are near Waterways?
- Waterways is close to Aspendale Gardens, Braeside, Aspendale, Edithvale, Mordialloc.
- What is the population of Waterways?
- The population of Waterways is approximately 2,422 (2021 Census). The median age is 41.
Selling in Waterways? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.