Waterways, located in the southeastern suburbs of Melbourne, Victoria, is a serene community known for its picturesque waterways and green spaces. Ideal for families and professionals alike, Waterways provides a perfect blend of nature and urban living. This article will explore the best residential areas in Waterways, detailing their unique characteristics, housing options, and average prices.
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Waterways Estate

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Waterways Estate is renowned for its tranquil living environment, featuring a series of interconnected lakes and parks. It appeals to families and those seeking a peaceful lifestyle, away from the hustle of the city.
Characteristics of the Waterways Estate
* Culture: Community-focused, family-friendly atmosphere
* Transportation: Good access to public transport and major roads
* Services: Local shops, medical facilities, parks, and recreational areas
* Environment: Suburban, lush green spaces, serene waterfronts
Housing Options in the Waterways Estate
Houses, Townhouses, Duplexes
Average Home Prices in the Waterways Estate
* Buying: $750,000 – $1,200,000
* Renting: $2,500 – $3,500/month
Botanical Gardens

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This area is celebrated for its beautifully landscaped parks and extensive walking trails, ideal for outdoor enthusiasts. The vibrant community spirit makes it a popular choice for families.
Characteristics of the Botanical Gardens
* Culture: Rich in recreational activities and events
* Transportation: Well served by buses, with easy access to nearby train stations
* Services: Cafes, childcare centres, and schools in the vicinity
* Environment: Lively, with an emphasis on both leisure and community engagement
Housing Options in the Botanical Gardens
Single-family homes, Units
Average Home Prices in the Botanical Gardens
* Buying: $800,000 – $1,300,000
* Renting: $2,600 – $4,000/month
Lifestyle Estate

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A relatively new development, Lifestyle Estate combines modern living with ecological concerns. It's an eco-friendly suburb that's popular among young professionals and first-home buyers.
Characteristics of the Lifestyle Estate
* Culture: Emphasis on sustainable living and community activities
* Transportation: Proximity to major arterial roads, limited public transport
* Services: Grocery shops, fitness centres, and cafes available
* Environment: Contemporary, vibrant, with a focus on community
Housing Options in the Lifestyle Estate
Contemporary houses, Duplexes, Eco-friendly units
Average Home Prices in the Lifestyle Estate
* Buying: $700,000 – $1,100,000
* Renting: $2,300 – $3,700/month
Parks Edge

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Parks Edge is known for its generous green spaces and family-friendly amenities, including playgrounds and sports facilities. It’s an excellent choice for those with children or active lifestyles.
Characteristics of the Parks Edge
* Culture: Community events and family-oriented atmosphere
* Transportation: Good transport links, including bus routes and nearby freeway access
* Services: Schools, shopping centres, and healthcare services close by
* Environment: Friendly, vibrant, with active outdoor community
Housing Options in the Parks Edge
Houses, Townhouses, Character homes
Average Home Prices in the Parks Edge
* Buying: $740,000 – $1,150,000
* Renting: $2,400 – $3,800/month
Wetlands Drive

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Wetlands Drive offers a scenic environment with beautiful ponds and wildlife, making it a unique area. It’s attractive for nature lovers and those who appreciate outdoor activities.
Characteristics of the Wetlands Drive
* Culture: Focus on nature conservation and community walking trails
* Transportation: Limited public transport; a car is recommended
* Services: Essentials are available within a short drive
* Environment: Tranquil, natural surroundings, ideal for relaxation
Housing Options in the Wetlands Drive
Modern homes, Eco-friendly build options
Average Home Prices in the Wetlands Drive
* Buying: $720,000 – $1,100,000
* Renting: $2,200 – $3,600/month
Riverside Views

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As the name suggests, Riverside Views features beautiful homes along the scenic riverfront. This area attracts those who love water activities and serene surroundings.
Characteristics of the Riverside Views
* Culture: Water sport and fishing culture, close-knit community
* Transportation: Convenient access to nearby transport links
* Services: Local cafes, shops, and leisure facilities available
* Environment: Quiet, picturesque, perfect for relaxation
Housing Options in the Riverside Views
Property types include riverside houses, units, and duplexes
Average Home Prices in the Riverside Views
* Buying: $800,000 – $1,300,000
* Renting: $2,500 – $4,000/month
Frequently Asked Questions About the Best Residential Areas in Waterways:
Waterways Estate and Parks Edge are highly recommended for families due to their family-friendly amenities and strong community culture.
Renting in Waterways typically ranges from $2,200 to $4,000 per month, depending on the suburb and property type.
Yes, several bus routes service the area, and there are major roads for easy car access to nearby train stations.
Waterways offers a mix of housing options, including modern houses, townhouses, units, and eco-friendly designs.
Yes, the community frequently hosts family-friendly events, including outdoor movie nights and local markets.
Residents can enjoy walking and cycling along the waterways, as well as fishing, picnicking, and various water sports.
Waterways has access to several good schools, making it a desirable place for families with children.
Waterways is known for its friendly, welcoming atmosphere with an emphasis on outdoor and family-friendly living.
Yes, there are several local shops, supermarkets, and cafes within the community and in nearby suburbs.
Yes, Lifestyle Estate offers contemporary and eco-friendly homes that appeal to environmentally conscious buyers.
Conclusion on the Best Residential Areas in Waterways:
Waterways presents a picturesque lifestyle with a variety of residential options tailored to different preferences and lifestyles. From family-friendly estates to tranquil nature-focused suburbs, the community embraces a harmonious balance between nature and convenience. Residents enjoy a sense of community, excellent outdoor amenities, and easy access to nearby services. Whether you're a first-home buyer, looking to rent, or seeking an investment opportunity, Waterways is an appealing choice for anyone looking to enjoy the best of suburban living in Victoria.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.