Waterfall NSW

Postcode 2233 · Sutherland Shire LGA

Waterfall is a small community in New South Wales within the Sutherland Shire local government area (postcode 2233). With a population of 522, the suburb has an established demographic with a median age of 41. Households earn a median income of $116K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are Australian, English, Scottish.

The median house price in Waterfall is $1.4 million, having increased 2.2% over the past year. Units have a median price of $875,000 (+19.9% YoY). The current median weekly rent is $835. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,383.

Waterfall is served by 1 school, including 1 primary. The average ICSEA score is 1031, which is around the national average of 1,000. Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.

From an investment perspective, Waterfall offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 11.8x is considered stretched. House prices have moved +2.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.2% Moderate Yield
Price vs State$1.4M/$1.5M Near Median
Affordability11.8x Stretched
Price Momentum+2.2% Stable
SEIFA INDEX (ABS)
Advantage8/10
Education6/10
Economic8/10
Disadvantage8/10
MEDIAN HOUSE
$1.4M
2.2% YoY
MEDIAN UNIT
$875K
19.9% YoY
MEDIAN RENT /WK
$515
POPULATION
522
DEMOGRAPHICS
Median Age41
Household Size3
HH Income /wk$2,232
Personal Income /wk$828
Mortgage /mth$2,383
CRIME (Sutherland Shire LGA)
Crime Rate (per 100k)1,782
Total Incidents4,189
TRANSPORT
Rail Stations1
Bus Stops2
Waterfall Station, Access Rd, McKell Av
SCHOOLS (1)
Avg ICSEA1031
Total Students17
Government1
Waterfall Public SchoolPrimary · Government · ICSEA 1031
Data: 2025