Located in Queensland within the Logan local government area, Waterford is a medium-sized suburb (postcode 4133). With a population of 5,796, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $84K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 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 technicians & trades, clerical & administrative, professionals. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Waterford has a median house price of $829,000, holding roughly steady year-on-year. The current median weekly rent is $620. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,700.
Waterford is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1016, which is around the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Logan LGA is moderate at 7,987 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.9%, which reads as moderate yield. Property prices are near the state median ($829K/$1.1M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +3.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.