Side by sideSuburb comparison

Waterways vs Chelsea Heights.

Comparing two suburbs with median house prices of $1,635,000 and $1,008,500. Chelsea Heights edges out on more headline metrics in this comparison.

Chelsea Heights (median $1,008,500) is roughly 62% cheaper to buy into than Waterways ($1,635,000).

On school quality, the average ICSEA across schools serving Chelsea Heights (1079) sits above Waterways (1077).

The takeWhich suburb suits which buyer

For buyers

Chelsea Heights is the lower entry point at $1,008,500 median, 62% 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

Chelsea Heights edges out on average school ICSEA (1079 vs 1077). Waterways also has a higher family-household share (93% vs 75%), so the catchment community skews family-heavy.

Common questionsWaterways vs Chelsea Heights

Common questions

Is Waterways or Chelsea Heights cheaper to buy in?

Chelsea Heights has the lower median house price at $1,008,500, roughly 62% below Waterways ($1,635,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Waterways or Chelsea Heights have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Chelsea Heights scores 1079 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

Waterways
Metric
Chelsea Heights

Price & Market

$1,635,000
Median house
$1,008,500
$348,480
Median unit
$778,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

Rent (house / wk)
Rent (unit / wk)
88.0%
Owner occupied
84.0%
11.0%
Renter occupied
13.0%

Lifestyle & Demographics

Walk score
12
Transit score
0
Bike score
100
2,422
Population
5,393
41
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1077
Avg ICSEA
1079

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).