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Waterfall, NSW 2233
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,605,000
list-price estimate
Median Unit
$940,000
list-price estimate
Gross Yield (houses)
2.1%
1yr Growth (houses)
+7.5%
market range +2.5% to +10.0%
Investment snapshot for Waterfall
Waterfall has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Waterfall market and investor summary
In Waterfall, NSW 2233, houses show a gross rental yield of 2.1%. House prices have moved +7.5% over the past year and +23.5% over three years. At 3.3% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.1% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Waterfall: people, income and schools
About 522 people live in Waterfall, a number that has held fairly steady over five years. The median age is 41, skewed a little older, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $116,000 a year, or roughly $2,230 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing a little above the national school average on ICSEA. It is roughly 36 km from the CBD. It is fairly car-dependent; the suburb scores 16 for walkability and 71 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 522
- +2% over 5yr
- Median age
- 41 years
- Median household income
- $116,000/yr
- Households renting
- 14%
- Family households
- 81%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1056
- Unemployment
- 2.7%
- Distance to CBD
- 36 km
- Walk score
- 16/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Waterfall
No properties currently listed in Waterfall
Search Waterfall listings →Frequently asked questions about Waterfall
What should I check before investing in Waterfall?
Waterfall has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +7.5% in the past year shows positive recent price momentum. 3-year capital growth of +23.5% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Waterfall show?
The gross rental yield in Waterfall is 2.1% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Waterfall?
House prices in Waterfall are up 7.5% over the past year and up 23.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Waterfall?
The current vacancy rate in Waterfall is 3.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Waterfall?
Waterfall has a population of approximately 522 residents, with a median age of 41.
What schools are near Waterfall?
There are 1 school within roughly 5km of Waterfall. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Waterfall's population growing?
The population of Waterfall has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Waterfall from the CBD?
Waterfall is about 36 km from the CBD.
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