Suburb profile

Waterways VIC 3195

Waterways is located in the Inner South Melbourne region of Victoria, postcode 3195. It has 801 properties across 51 streets, almost all houses. Explore every street in Waterways, its property history, homes for sale and rent, who lives there, and the local agents.

About Waterways

Waterways, VIC 3195, sits in Inner South Melbourne and neighbours Bangholme, Braeside, Keysborough and Aspendale Gardens. Its 51 streets hold 801 properties, all of them houses.

Census figures are for the Aspendale Gardens - Waterways area. It had 8,853 residents, a median age of 42 and an average household of 3 people. Median household income was $2,348 a week, the median mortgage repayment $2,115 a month and the median rent $510 a week. Of 2,863 dwellings, 2,441 were separate houses, 132 semi-detached and 287 flats; 1,060 were owned outright, 1,373 owned with a mortgage and 305 rented.

Updated October 2026

Who lives in Waterways

  • 8,853Peoplelive in the area
  • 42Median ageyears
  • $2,348Median household incomea week
  • $510Median renta week

Homes by type

  • Houses2,441
  • Townhouses and semis132
  • Flats and apartments287

Household

  • Median mortgage repayment$2,115a month
  • Household size3people on average

How homes are held

Owned outright 1,060Owned with a mortgage 1,373Rented 305Other 125

Streets in Waterways

Neighbouring suburbs

Addresses and streets incorporate or were developed using G-NAF © Geoscape Australia, licensed by the Commonwealth of Australia under the Open Geo-coded National Address File (G-NAF) End User Licence Agreement.

Population and housing figures are drawn from the Australian Bureau of Statistics, Census of Population and Housing 2021, licensed under Creative Commons Attribution 4.0 International.

Area summaries are generated from the national address file and ABS Census data, and checked against those figures before publication.