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VIC › Waterways › Deepwater Dr

34 Deepwater Dr, Waterways VIC 3195

House

5

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.

Why this property?

Nothing about this record stands out yet — coverage may still be filling in.

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Waterways at a glance

2,443

People

$1,825,000

Median sale

$732/wk

Median rent

2.09%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Waterways report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown4 Apr 2025
  2. Listedprice unknowncompleted17 Mar 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $732/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Waterways in one glance

Waterways at a glance

2,443

People

$1,825,000

Median sale

$732/wk

Median rent

2.09%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Waterways report →

Keep researching

  • Why Waterways? Read the area thesis →
  • What else is on the market in Waterways →
  • Other records on Deepwater Dr →

Listing material

Listed by Area Specialist Victoria

The Brief: Luxury family living in a premium locale, walk to lakeside trails, parks, and 8 mins to Mordialloc Beach in a low-traffic street

It's Addressed:

Designed for premium family living in a peaceful and highly sought-after location, 34 Deepwater Drive offers a combination of space, luxury and natural surroundings. Situated directly opposite the picturesque Braeside Park Wetlands, with walking trails and picnic areas practically at your doorstep, this home presents an exceptional opportunity. Within the catchment for Mordialloc College and Aspendale Gardens Primary School and just moments from the 709 bus stop, this home is perfectly positioned less than 10 minutes drive from Mordialloc Beach.

The contemporary facade exudes sophistication, featuring a neutral-toned rendered exterior complemented by a striking feature stone entry wall. A pitched roofline enhances the home’s symmetry, while a timber door with horizontal glass inserts is framed by stylish feature lighting. The patterned exposed-aggregate driveway leads to a double lock-up garage. Established landscaping, mature trees and a slatted timber fence add to the property’s private and natural feel.

Read the full description

Inside, the home impresses with soaring raked ceilings and polished timber hardwood flooring, creating an expansive sense of space. The open-plan living and dining area is bathed in natural light and flows effortlessly onto a full width covered alfresco, complete with ceiling fans, tiled flooring and a beautifully manicured garden. A gas log fireplace with a painted feature wall surround adds warmth to the living space, while a separate home theatre provides a retreat for family movie nights.

Ducted heating, evaporative cooling, modern LED downlights, roller blinds and sunblinds ensure year-round comfort. An external water tank reduces bills, while two storage sheds provide additional practicality.

The designer kitchen showcases 40mm mocha stone benchtops with waterfall edging, a glass gourmet rangehood, an electric oven, a gas burner cooktop and an elegant gooseneck mixer. Contemporary hanging pendants add a stylish touch, while chic gloss-white cabinetry and opaque glass display cabinets provide ample storage. An integrated dishwasher enhances practicality.

Five well-sized bedrooms are finished with premium carpet and built-in robe storage, with bedroom five currently serving as a home office. The main bedroom is a private sanctuary, complete with a walk-in robe, a luxurious ensuite and its own secluded courtyard. Both bathrooms are modern and vibrant, boasting oversized semi-frameless showers, luxurious vanity units, mixer tapware and opaque privacy windows. The main bathroom also includes a relaxing hob bathtub.

Property Highlights:

• Expansive open-plan living with high raked ceilings, gas log fireplace and home theatre

• 40mm stone benchtops, quality appliances

• Five bedrooms with built-in robes, main with ensuite and private courtyard

• Covered alfresco with ceiling fans, manicured gardens

• Ducted heating, evaporative cooling, double lock-up garage and external storage sheds

• Double glazed windows throughout the house

• Central ducted vacuum cleaner

• 8.7KW Solar Panels

For more Real Estate in Waterways contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Linna Wu, Area Specialist Victoria — reproduced as published, not verified by Districts.

Property features

  • Ducted Heating
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.