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 › Macquarie Circle
$1,915,000
Last sold
18 May 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
650 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
$1,915,000
18 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Waterways (last 5 years) with land size have a median of $2,888/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
+4.9%
Median sale
Suburb $1,825,000
-0.10 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 Coco Ma Real EstateNestled within paces of Waterways Lake, this exquisite entertainer relishes its prime position, offering a life of leisure and luxury within one of the suburb’s most coveted pockets.
Surrounded by premium family homes and open green spaces, the property rests on a generous 650sqm block (approx.), benefiting from a desirable north-to-rear aspect to maximise natural light throughout.
Behind the architectural facade and leafy frontage, the expansive interiors beckon with sublime hardwood floors and airy high ceilings, presenting multiple living areas to accommodate formal and casual occasions.
The sumptuous open lounge boasts a Hamptons-inspired palette and feature gas fireplace, complementing the versatile family/meal zone which flows to the impressive entertainers’ domain via sophisticated bi-fold doors.
Sun-kissed and spacious, the easy-care backyard reveals a magnificent swimming pool and tranquil grassed area, highlighting the covered rear deck and glorious open patio with its opulent travertine tiles and ambient lighting.
The custom-designed gourmet stone kitchen takes centre stage with shaker-profile cabinets and contemporary black accents, incorporating a top-of-the-range 900mm dual fuel Belling oven, integrated Miele dishwasher and walk-in pantry. A premium water filtration system by Great Water ensures pure, filtered water right at your fingertips, while the fridge comes conveniently plumbed in.
Continuing the thoughtful configuration and harmonious ambience, the upper floor centres around a cosy TV retreat, introducing four large bedrooms and an impeccable family bathroom with a deep freestanding bath.
Especially notable, the oversized master haven showcases soothing leafy outlooks and access to a private tree-top balcony, featuring a substantial walk-in robe and lavish dual vanity ensuite with a freestanding bath of its own.
Completing the picture, prominent finishing touches include a flexible downstairs study that can be transformed into an additional bedroom, ducted heating and cooling, ceiling fans to circulate air flow, and double-glazed windows.
There’s also a convenient powder room and large built-in laundry, heated towel rails, security screen doors, elegant plantation shutters, and a remote double garage.
A perfect choice for nature enthusiasts who seek convenience, the property is located within a stroll of several reserves, waterside walking trails and Nest at Waterways Cafe, while popular golf courses, sprawling parks and bayside beaches can be reached within minutes.
It’s close to Aspendale Gardens Primary School, Mordialloc College and a selection of elite private schools, plus there’s access to nearby shopping centres, the Eastlink and Mornington Peninsula Freeway to boost connectivity.
Presented with meticulous attention to detail, this grand family home merges faultless functionality with exceptional craftsmanship in a prized neighbourhood. Explore the possibilities on offer by contacting us today for a priority inspection.
Property specifications
• Multiple living zones, four bedrooms, versatile study
• Family bathroom and luxury ensuite, downstairs powder room, master with dual shower
• Kitchen includes a 900mm dual fuel oven and dishwasher
• Hardwood floors, plush carpet, heating and cooling
• Entertainers’ deck and patio, in-ground heated swimming pool, manicured yard
• Stone benchtops throughout, blinds and plantation shutters
• Split-system AC, balcony, double garage, specially designed two spacious driveway parking, shed, solar panels
• Customise a high-end finish quality home.
• Water filter installed- kitchen great water filters. Pure water filtered in the Kirchen by the Great Water Company.
• Fridge is plumped
For more Real Estate in Waterways, contact Coco Ma Real Estate TODAY!
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 Selina Shi, Coco Ma Real Estate — reproduced as published, not verified by Districts.