Check another suburbYour suburb, scored · Data as of Oct 2026
Waterways, VIC
R-Score 96 / 100 — ranked #702 of 15,286 suburbs this month
Among the strongest markets in the country right now
Current buyer and rental conditions here rank in the top tier of the 15,000 suburbs we measure this month.
Scores describe measured market conditions — not personal advice, and not a forecast.
Suburb averages hide a lot. Check how your street compares with the rest of Waterways →
Is Waterways a buy right now? Get our verdict + the 5 best streets
Our read on Waterways, the Top 5 streets to target, and the score, price, rent and market-speed trends behind it. Instant, free, and a copy lands in your inbox.
- Our read: is Waterways a buy right now?
- The Top 5 streets in Waterways to target
- 18-month R-Score trend + what's driving it
- 3-year price, rent & days-on-market charts
- Unlocks every Street Score report in Waterways
Best Streets in Waterways, VIC
Compare every street in Waterways (VIC) on the Street Score →
Other High-Scoring Suburbs in Kingston (VIC)
- Patterson LakesR-Score 100/100 · Streets →
- Chelsea HeightsR-Score 93/100 · Streets →
- Aspendale GardensR-Score 92/100 · Streets →
- MoorabbinR-Score 91/100 · Streets →
- AspendaleR-Score 90/100 · Streets →
- CheltenhamR-Score 90/100 · Streets →
| Indicator | Waterways Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 96 / 100 | Ranked #702 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $1,661,000 | -4.5% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $890/wk | Implies a 2.8% gross rental yield at the current median price |
| Rental Vacancy Rate | 1.5% | Above the 1.5% tight-supply threshold |
| Median Days on Market | 46 days | Part of Kingston (VIC) council area (LGA avg R-Score 85/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in Waterways, VIC?
Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.
Waterways VIC FAQs
Frequently Asked Questions: Investing in Waterways, VIC
Is Waterways VIC a good suburb for property investment in 2026?
As of Oct 2026, Waterways (VIC 3195) scores 96/100 on the Ripehouse R-Score, ranking #702 out of 15,286 Australian suburbs. Among the strongest markets in the country right now. Key fundamentals include a median price of $1,661,000, median rent of $890/wk, gross yield of 2.8%, and vacancy of 1.5%.
What is the median house price and 12-month growth in Waterways VIC?
The current median property price in Waterways (VIC) is $1,661,000 (Oct 2026), representing a -4.5% change over the past 12 months. Properties in Waterways currently spend a median of 46 days on market.
What is the rental yield and vacancy rate in Waterways VIC?
In Waterways (VIC), the median weekly asking rent is $890/wk, producing a gross rental yield of 2.8%. The suburb vacancy rate is 1.5% as of Oct 2026.
What are the best streets in Waterways VIC?
Ripehouse Advisory scores every G-NAF street in Waterways against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Waterways Street Score tool on this page to compare individual streets.
Which council area (LGA) is Waterways VIC located in?
Waterways (VIC, postcode 3195) is located in the Kingston council area (LGA) within Greater Melbourne. Across Kingston, the council-wide average R-Score is 85/100 across 20 suburbs.
R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.