Waterfall is a close-knit residential community in New South Wales within the Sutherland Shire local government area (postcode 2233). It is home to about 522 residents, with a settled mid-life population and a median age of 41. Households earn a median income of $116K per year, with an average household size of 3 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Scottish.
Median house prices in Waterfall stand at $1.4 million, having increased by 2.2% over the last twelve months. The current median weekly rent is $800. This gives a gross rental yield of approximately 3.0%. 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 1,776 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.0% (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.