31 Waterside Drive
Waterways, 3195 VIC
2005 house on a 700 m² block with 36m frontage.
Property Snapshot
2005House6 Bed4 Bath3 Off Street700 m² Land473 m² Internal36m Frontage
Investment Highlights
What makes 31 Waterside Drive compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
700 m²
Frontage
36m
Zoning
NRZ5
Residential - Low Density
Why Buyers Look At This One
Rare add-value profile — 2005 house on a 700 m² block and a 36m frontage.
Renovate upside — modest 473 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 770m to bus, 3km to train station and 3.5km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
6
Bathrooms
4
Parking
3 off-street
Internal Area
473 m²
Ownership & Value
Last Sold$2.50M
Sold DateFeb 2026
Land Value—
RPD345\PS435322
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Corner LotWide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Price Estimate
$1.61M
Low Confidence
Suburb Median
$1.61M
House (All Beds)
Tenure
0 Years
Since 2026
Capital Gain
−$885k
Since 2026
Suburb Sale Price Median - House (All Beds)
Rental Market
Yield, rental pricing and local leasing landscape.
Suburb Median
$900 Pw
House (All Beds)
Rental Yield
2.9%
House (All Beds)
Vacancy Rate
0.9%
House (All Beds)
Rentals Last 12M
4
House (All Beds)
Suburb Rental Price Median - House (All Beds)
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 31 Waterside Drive.
Train Station
3km
Bus Stop
770m
Schools
3.5km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.0%Train Station
3kmBus Stop
770mCentre Zone
854mRoad Type
residential (Low Noise)School Catchment
3.5kmWaterways Snapshot
Broader suburb metrics that support the local story.
Population
2,422
Owner Occupiers
88%
Social Housing
0%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Waterways in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
