Waterford West is a mid-sized suburb in Queensland within the Logan local government area (postcode 4133). With a population of 6,942, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $62K per year, with an average household size of 2.6 people. The most common occupations are labourers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Waterford West is $624,000, having surged 13.4% over the past year. Units have a median price of $370,000 (+25.4% YoY). The current median weekly rent is $510. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,439.
Waterford West is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 930, which is below the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Logan LGA is moderate at 7,825 incidents per 100,000 population.
From an investment perspective, Waterford West offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($624K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +13.4% year-on-year.
Waterford West is a mid-sized suburb in Queensland within the Logan local government area (postcode 4133). With a population of 6,942, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $62K per year, with an average household size of 2.6 people. The most common occupations are labourers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Waterford West is $624,000, having surged 13.4% over the past year. Units have a median price of $370,000 (+25.4% YoY). The current median weekly rent is $510. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,439.
Waterford West is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 930, which is below the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Logan LGA is moderate at 7,825 incidents per 100,000 population.
From an investment perspective, Waterford West offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($624K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +13.4% year-on-year.