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Waterford, WA 6152

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Strong Growth

Median House

$1,965,000

market range $1.9M-$2.1M

Median Unit

$950,000

list-price estimate

Gross Yield (units)

3.9%

1yr Growth (houses)

+16.8%

market range +7.5% to +25.0%

Investment snapshot for Waterford

Waterford has enough public data for first-pass screening across yield, vacancy, price and supply signals.

Read the full Waterford verdict

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Waterford market and investor summary

Waterford (WA 6152) runs a median house price of $2.0M. House prices have moved +16.8% over the past year. At 4.0% vacancy, it is a softer rental market with more choice for tenants.

Demand is softer at 4.0% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 75 days on market, so plan for a slower exit if you ever need one.

Living in Waterford: people, income and schools

About 2,460 people live in Waterford, and the area has been growing steadily, up about 8% 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 $120,000 a year, or roughly $2,300 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 16.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.

There are 56 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 7.7 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 62 for walkability and 6 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
2,460
+8% over 5yr
Median age
41 years
Median household income
$120,000/yr
Households renting
16%
Family households
80%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
56
avg ICSEA 969
Unemployment
2.8%
Distance to CBD
7.7 km
Walk score
62/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Waterford

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Frequently asked questions about Waterford

What should I check before investing in Waterford?

Waterford has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +16.8% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Waterford?

The median property price in Waterford, WA 6152 is $2.0M for houses.

What rental yield does Waterford show?

The gross rental yield in Waterford is 3.9% for units. 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 Waterford?

House prices in Waterford are up 16.8% over the past year. 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 Waterford?

The current vacancy rate in Waterford is 4.0%. 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 Waterford?

Waterford has a population of approximately 2,460 residents, with a median age of 41.

What schools are near Waterford?

There are 56 schools within roughly 5km of Waterford. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Waterford affordable to buy in?

A median house in Waterford costs about 16.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Waterford's population growing?

The population of Waterford has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Waterford from the CBD?

Waterford is about 7.7 km from the CBD.

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