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Waterloo, NSW 2017

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

Data updated

Tight Rental Market

Median House

$1,690,000

market range $1.6M-$1.8M

Median Unit

$935,000

market range $875K-$1.1M

Gross Yield (houses)

3.5%

1yr Growth (houses)

+2.2%

market range -5.0% to +7.5%

Investment snapshot for Waterloo

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

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Waterloo market and investor summary

In Waterloo, NSW 2017, the median house sells for around $1.7M, on a gross rental yield of 3.5% for houses. House prices have moved +2.2% over the past year. At 1.4% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.

Living in Waterloo: people, income and schools

Waterloo is home to around 16,379 people, and the area has been growing steadily, up about 13% over five years. At a median age of 33, it reads as broadly working-age, with renters making up 73% of households. A renter base that size keeps demand for well-priced rentals fairly consistent, though rents do most of the work on the return.

The typical household income runs to around $105,000 a year (about $2,030 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 16.0 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 26% over five years, which tends to underpin what local buyers can pay.

Families have 129 schools within roughly 5km to choose from, testing below the national school average on ICSEA. Waterloo sits about 3.5 km from the CBD. It is fairly car-dependent; the suburb scores 19 for walkability and 63 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Basement (vectored or non-vectored).

Population
16,379
+13% over 5yr
Median age
33 years
Median household income
$105,000/yr
Households renting
73%
Family households
47%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
129
avg ICSEA 875
Unemployment
5.2%
Distance to CBD
3.5 km
Walk score
19/100

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

Properties in Waterloo

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Frequently asked questions about Waterloo

What should I check before investing in Waterloo?

Waterloo has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.4%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Waterloo?

The median property price in Waterloo, NSW 2017 is $1.7M for houses and $935K for units.

What rental yield does Waterloo show?

The gross rental yield in Waterloo is 3.5% for houses and 5.4% 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 Waterloo?

House prices in Waterloo are up 2.2% 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 Waterloo?

The current vacancy rate in Waterloo is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Waterloo?

Waterloo has a population of approximately 16,379 residents, with a median age of 33.

What schools are near Waterloo?

There are 129 schools within roughly 5km of Waterloo. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Waterloo affordable to buy in?

A median house in Waterloo costs about 16.0 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 Waterloo's population growing?

The population of Waterloo has grown about 13% 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 Waterloo from the CBD?

Waterloo is about 3.5 km from the CBD.

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