3 Paragon Way, Waterways, VIC 3195 | House for rent | OnTheHouse
 
FOR RENT
$1,100 per week

3 Paragon Way
Waterways VIC 3195

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Available From
Wednesday 21 October 2026| Bond $4,780
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Resort-Style Luxury & Effortless Entertaining

Welcome to a modern family living in the prestigious, tranquil pocket of Waterways. Situated at 3 Paragon Way, this impressive double-storey residence offers a seamless blend of indoor comfort and exceptional outdoor entertaining. Designed for relaxation and hosting, the home features a private swimming pool, spacious open-plan living zones, and low-maintenance surrounds.
Property Features
This residence boasts four generous, light-filled bedrooms, including a spacious master retreat with a private ensuite, complemented by a full central family bathroom. Vehicle storage and security are well catered for with a double lock-up garage that includes extra room for storage. Step outside to experience resort-style living with your own in-ground swimming pool and a dedicated alfresco area designed for outdoor dining and weekend gatherings. The fluid two-storey floorplan connects open-plan living and dining spaces to a modern kitchen equipped with quality appliances, ample counter space, and practical storage solutions.
Location & Lifestyle Highlights
Nestled within the family-friendly Waterways community, the property is surrounded by scenic wetlands, picturesque walking trails, and natural parklands. Families will value the close proximity to leading schools, including Lighthouse Christian College and Haileybury College. Positioned with easy access to local shopping hubs, nearby bayside beaches, public transport options, and major arterial roads, this property delivers executive comfort and ideal everyday convenience.
PHOTO ID REQUIRED AT ALL OPEN HOMES.
Please note: Ray White The Bayside Group has exclusive leasing rights to this property. We do not advertise on Gumtree, Facebook Marketplace, or any other social media platforms. Please be aware of scammers - 2Apply application codes and links will be provided upon physical inspection of the property only.

Property Details for 3 Paragon Way, Waterways

3 Paragon Way, Waterways is a 4 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for rent with Ray White Cheltenham.

Building Type
House
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About Waterways 3195

The size of Waterways is approximately 1.7 square kilometres. There are 11 parks, covering nearly 10.3% of the total area. The population of Waterways in 2016 was 2461 people. By 2021 the population was 2422 showing a population decline of 1.6% in the area during that time. The predominant age group in Waterways is 40-49 years. Households in Waterways are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Waterways work in a professional occupation.In 2021, 88.30% of the homes in Waterways were owner-occupied compared with 89.80% in 2016.

Waterways has 796 properties. Over the last 5 years, Houses in Waterways have seen a -3.62% decrease in median value, while Units have seen a -8.22% decrease. As at 31 August 2026:

  • The median value for Houses in Waterways is $1,350,473 while the median value for Units is $965,144.
  • Houses have a median rent of $900.
There are currently 1 property listed for sale, and 1 property listed for rent in Waterways on OnTheHouse. According to Cotality's data, 39 properties were sold in the past 12 months in Waterways.

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George Bezas
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Ray White Cheltenham
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