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 +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, 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.
Waterford has a median house price of $1.9 million, which has climbed sharply by 17.8% year-on-year. The current median weekly rent is $350. This gives a gross rental yield of approximately 0.9%. 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, The gross rental yield works out to roughly 0.9%, which reads as low yield. Property prices are above the state median ($1.9M/$1.0M), placing it in the premium segment. The price-to-income ratio of 16.2x is considered stretched. House prices have moved +17.8% year-on-year. 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.