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.
VIC › Waterways › Fountain Ct
$1,850,000
Last sold
3 June 2025
4
Bedrooms
3
Bathrooms
2
Car spaces
687 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,850,000
3 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Waterways (last 5 years) with land size have a median of $2,906/m² of land (n=20). Districts calculation from recorded sales — not a valuation.
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.
Vs Waterways
+1.4%
Median sale
Suburb $1,825,000
-0.03 pp
Gross yield
Suburb 2.09%
Suburb median $1,825,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Area Specialist VictoriaIts Addressed:
Located in one of Melbourne’s most idyllic communities, this contemporary double-storey residence delivers resort-style living just moments from the sparkling coastline and the tranquil lakeside walking tracks of Waterways. It’s a 10-minute drive to Parkmore Shopping Centre and just 7 minutes to Keysborough South Shopping Centre.
Nestled in a quiet court approximately 100 metres from Waterways Playground, the home is a short walk to the popular Nest Cafe and offers convenient access to the Braeside employment zone, Aspendale Gardens shopping and Chelsea Heights dining precincts. Short walk to the bus stop within Waterways-bus route 709 connecting to Mordialloc.
Zoned for Mordialloc College and Aspendale Gardens Primary School.
Haileybury and Lighthouse Christian College is just around the corner.
This premium address combines lifestyle, family function and unbeatable connectivity, just moments from Chelsea beach.
Architecturally aligned with modern post-2010 suburban infill design, the residence features clean parapet lines and a crisp mix of light and charcoal-toned renders. A recessed portico framed by square pillars sits below an upper balcony. Vertical glazing and formal landscaping with raised planters and hedges reinforce the clean, structured aesthetic. An oversized double LUG provides secure parking.
The interior is impressive, delivering expansive proportions, high ceilings and multiple living zones designed for functionality and luxury. A formal lounge is warmed by a log fireplace framed with VJ panelling, while a separate home office and upper-level retreat provide versatility for families and remote workers. Open-plan living and dining zones flow effortlessly out to the low-maintenance in-ground LED-lit solar-heated swimming pool (complete with auto cleaning system), surrounded by polished concrete tiling, feature fencing, lush hedging and an enclosed alfresco style pool-house complete with outdoor kitchen. Roller blinds and a 5KW 20-panel solar system complement the ducted heating and refrigerated cooling for year-round comfort and energy efficiency.
The entertainer’s kitchen showcases bold 40mm dark chocolate stone countertops, a huge island bench, premium 900mm freestanding gas and electric appliances, a dishwasher and a walk-in pantry. Modern LED downlights and an NBN FTTP connection ensure both form and function are covered in this stylish and connected home.
Upstairs, four large bedrooms include built-in robes, while the master suite impresses with a behind-bed walk-through robe, a decadent private ensuite with jet-spa bath and a full-width balcony capturing long views across to the lake. Bathrooms throughout the home are appointed with oversized semi-frameless showers, elegant tapware, luxurious sinks and relaxing bathtubs for complete indulgence.
Contact us for a priority inspection today!
Property Highlights
• 687sqm block with heated pool and pool-house kitchen
• Four bedrooms, multiple living zones and lake-view balcony
• Entertainer’s kitchen with walk-in pantry and dark chocolate stone bench tops
• Ducted heating, refrigerated cooling, fireplace and solar system
• Zoned for top local schools and moments from lake, parks and cafes
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.
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