The influence of short-term water absorption on the mechanical properties of halloysite nanotubes-multi layer graphene reinforced polyester hybrid nanocomposites has been investigated. The addition of nano-fillers significantly increased the flexural strength, tensile strength, and impact strength in dry and wet conditions. After short-term water exposure, the maximum microhardness, tensile, flexural and impact toughness values were observed at 0.1 wt % multi-layer graphene (MLG). The microhardness increased up to 50.3%, tensile strength increased up to 40% and flexural strength increased up to 44%. Compared to dry samples, the fracture toughness and surface roughness of all types of produced nanocomposites were increased that may be attributed to the plasticization effect. Scanning electron microscopy revealed that the main failure mechanism is caused by the weakening of the nano-filler-matrix interface induced by water absorption. It was further observed that synergistic effects were not effective at a concentration of 0.1 wt % to produce considerable improvement in the mechanical properties of the produced hybrid nanocomposites.