Waterways vs Aspendale.
Comparing two suburbs with median house prices of $1,635,000 and $1,342,500. Aspendale edges out on more headline metrics in this comparison.
Aspendale (median $1,342,500) is roughly 22% cheaper to buy into than Waterways ($1,635,000).
On school quality, the average ICSEA across schools serving Aspendale (1094) sits above Waterways (1077).
For buyers
Aspendale is the lower entry point at $1,342,500 median, 22% 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
Aspendale edges out on average school ICSEA (1094 vs 1077). Waterways also has a higher family-household share (93% vs 77%), so the catchment community skews family-heavy.
Common questions
Is Waterways or Aspendale cheaper to buy in?
Aspendale has the lower median house price at $1,342,500, roughly 22% below Waterways ($1,635,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Waterways or Aspendale have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Aspendale scores 1094 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Waterways against another suburb