Waterways — Houses

NEUTRAL
VIC 3195 House Rank #52 of 263 in Melbourne
$1.34M
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
47 buyers/listing
Strong
LIQUIDITY
35d DOM
Weak
AFFORDABILITY
-0.4% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
3.3%
Neutral
SUPPLY PRESSURE
0.5% vacancy
Strong
#52/263 Average Structure 41 $1.34M

Atlaso rates Waterways houses as HOLD. Average growth outlook. Vacancy is extremely tight at 0.51%, well below the 2.5% equilibrium, but prices declined 3.5% over the past year. Better houses options may be available in Melbourne.

At $1.34M, Waterways ranks #52 of 263 houses in Melbourne. The long-term structural outlook is Average.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Waterways Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Balanced No strong buyer or seller advantage right now.
+0.5%
Asking Prices (3mo)
+3.2%
Rents (12mo)
0.4%
Vacancy
43%
Fresh Stock (<30d)

House Asking Prices (12 months)

$1.52M

House Weekly Rents (12 months)

$859/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3195.

Suburb Profile

Waterways at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$2,201/wk
Median household
Median Age
42
Years
Mortgage Stress
23%
of income
Population Growth
+0.6%
vs state +2.2%
Ownership Mix
31.6% owned 44.6% mortgage 21.6% renting

Demographic Trends

Waterways Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Waterways Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Waterways a good suburb to invest in?
Atlaso rates Waterways as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Waterways and 46 Australian cities to generate this rating.
What is the median house price in Waterways?
The current median house price in Waterways, vic is $1.34M, with annual growth of +11.3%. Properties sell in approximately 35 days.
How fast do properties sell in Waterways?
Properties in Waterways sell in 35 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Waterways?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Waterways's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Waterways?
The gross rental yield for houses in Waterways is 3.3%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).