Average rent in Aspendale Gardens - Waterways, VIC — 2026

Aspendale Gardens - Waterways is one of the more expensive parts of Victoria to rent in — the typical renter pays $510/week, around 40% above the state median of $363/week (ABS Census 2021). Most households here own (around 85% are owners or paying a mortgage), and the suburb is mostly separate houses (85%) rather than units. That mix usually means a smaller, slower-turnover rental pool than in inner-city areas at a similar price. The suburb sits 27km from Melbourne, with a population of around 8,853 and a median age of 42. The biggest occupation category is Professionals. Renters often wait longer here, and inspections fill quickly when stock does come up.