Waterways Property Market
& Suburb Profile

Originally a carefully planned housing estate, it has matured into a tranquil residential sanctuary nestled between the Braeside Park and the Edithvale-Seaford Wetlands. The suburb’s design is deeply integrated with its natural surroundings, featuring man-made lakes and wetlands that not only provide a picturesque backdrop but also serve as a vital filtration system for the local catchment before water enters Port Phillip Bay.

The lifestyle in Waterways is defined by a "permanent holiday" feel and a commitment to environmental preservation. Residents enjoy a network of over 20 kilometres of walking and cycling trails that meander through wildlife sanctuaries.

The suburb is a haven for birdwatchers, with over 100 bird species recorded in the area, including pelicans and black swans. The social heart of the community is "The Nest" (formerly the Birdsnest Cafe), a waterfront venue where locals gather for coffee and views over the main lake. To protect the local fauna, the suburb maintains strict environmental bylaws, including a prohibition on domestic cats and specific guidelines for garden maintenance and external house colours to ensure the aesthetic harmony of the estate.

Education for the area is supported by well-regarded neighbouring institutions. Waterways falls within the catchment for Aspendale Gardens Primary School and Mordialloc College, while also being positioned just minutes away from prestigious independent schools such as Haileybury College and Lighthouse Christian College.

For shopping and services, residents primarily use the nearby Aspendale Gardens Shopping Centre or the larger retail hubs in Mordialloc, Keysborough, and Dingley Village. While the suburb itself is a quiet residential enclave with no through-traffic, connectivity is managed via a local bus service and easy access to major arterials like the Mornington Peninsula Freeway and the Dingley Bypass.

From a property perspective, Waterways is an exclusive and tightly held market characterized by modern, high-quality family homes that often feature views of the lakes or surrounding parklands. The suburb maintains an exceptionally high rate of owner-occupation, fostering a strong sense of community and security.

Because the estate is geographically "landlocked" by protected wetlands and parkland, there is no further room for outward expansion, which contributes to its long-term stability and prestige. The area is particularly favoured by professionals and families seeking a premium, nature-oriented lifestyle that feels far removed from the urban sprawl while remaining conveniently close to Melbourne’s southern beaches.