City of Kingston
Waterways
Waterways at a glance
Median house
$1,635,000
Median unit
$348,480
Population
2,422
Median age 41
About
Welcome to Waterways.
Waterways is a suburb in Victoria.
Side by side
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Median, growth, schools, walkability, all in one view.
Market
The price of a home here.
Median house price
$1,635,000
+0.0% over the past year. Median unit price $348,480.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$421/wk
Weekly rent (unit)
$623/wk
Owner occupied
88%
Renter occupied
11%
At a deeper level
$1,635,000
$348,480
2,422
Median age: 41
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Gross Yield (House)
Source: Land Victoria / DTP · May 20261.34%
Based on $1,635,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20269.30%
Based on $348,480 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202688%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
Population
2,422
Median age
41
Family households
93%
Lone person
6%
Demographics data as of May 2026· ABS 2021 Census
Safety
Crime and safety.
74
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Place
Location.
Amenities
Transport
Education
Schools in Waterways.
Local schools for Waterways
View the catchment for each school to find out more.
Government School Catchment
Aspendale Gardens Primary School
Aspendale Primary School
Keysborough Gardens Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Waterways.
- What is the median house price in Waterways?
- The median house price in Waterways, VIC 3195 is $1,635,000. The median unit price is $348,480. Annual growth is +0.0%.
- What is the Waterways postcode?
- Waterways is in the 3195 postcode, in VIC, in the City of Kingston region.
- What is the average rent in Waterways?
- The median weekly rent for houses is $421, for units it's $623.
- 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?
- Waterways has approximately 2,422 residents. The median age is 41.
Waterways
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Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
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