Located in Western Australia within the South Perth local government area, Waterford is a compact suburb (postcode 6152). With a population of 2,460, the suburb has an established demographic with a median age of 41. Households earn a median income of $120K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 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, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Chinese, English, Australian.
The current median weekly rent is $350. The median monthly mortgage repayment is $2,817.
Waterford is served by 1 school, including 1 special. The average ICSEA score is 712, which is well below the national average of 1,000. Public transport access includes 9 bus stops.
From an investment perspective, Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.