Waterford Park is in Mitchell LGA, VIC, postcode 3658, with population 217.
The page is still useful for local context, but the evidence stack is too thin for a clean one-page call. Use nearby stronger suburbs or compare mode before treating it as a serious shortlist decision.
Population movement supports a growth-led read.
The page is thin enough that nearby alternatives should be checked before shortlisting. Small local population makes the signal set more fragile.
Price series isn't recorded for this suburb. Census housing data is shown instead.
Owners with a mortgage repay a median of $1,273/mo, while renters pay about $1,993/mo — renting runs $720/mo higher on these medians.
LGA-level official projection (Victoria in Future 2023, DTP). Indicative of the wider council area, not a suburb-level forecast.
Located in Victoria within the Mitchell local government area, Waterford Park is a quiet locality (postcode 3658). The area has roughly 217 residents and a blend of families and working-age professionals, with a median age of 37. Households earn a median income of $82K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +4.2% year-on-year at the LGA level. VIC 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. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 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, machinery operators & drivers, clerical & administrative. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $460. The median monthly mortgage repayment is $1,273.
The crime rate in the Mitchell LGA is higher than average at 9,406 incidents per 100,000 population.
On the investment side, Population growth of +4.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
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Waterford Park works as a starting read but still needs cross-checking.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
This page stays indexable because Waterford Park is a real locality with enough context to be directionally useful. The tradeoff is that coverage is lighter than a stronger suburb profile, so the read should stay cautious.
Treat this as a directional locality brief first, then verify the suburb story against stronger nearby markets or the state hub.
The lighter areas here are school matches, hospital coverage, and transport stops, so a single-page read should carry less weight than usual.
Start here for context, then open compare, the state hub, or larger nearby suburbs before treating this as a complete market decision.
This page remains visible, but it should be read as a locality brief rather than a full-confidence suburb profile.
Use this page to set direction, not to close a decision — frame the locality here, then confirm with compare, stronger nearby suburbs, and the state hub.
If Waterford Park feels too thin on its own, use these nearby suburbs as stronger local reads before making a shortlist decision.
pop same · rent -$185/wk
Similar local read: useful for context, but still compare the actual market signals.
pop same · rent -$180/wk
Similar local read: useful for context, but still compare the actual market signals.
Waterford Park is in the Mitchell Local Government Area, VIC, postcode 3658. Council-level context for Mitchell LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The median weekly rent in Waterford Park is $460/wk, based on the current market rent dataset. The current rent signal is rent context available.
Rent context available: Waterford Park has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
QuickProperty's investment signals for Waterford Park show: Strong Growth, Steady. These are computed from price, rent, income, and population data — not an opaque score.
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.