Waterloo, NSW

UNDERVALUED

14,190 sales · 36 years of data · NSW, Australia

$950,000
Median (All)
$1,807,500
Median (Houses)
$936,500
Median (Apartments)
0.6%
10yr CAGR
4.9%
36yr CAGR
87.7%
Strata %
36 years of data · 14,190 sales analysed · 2,500+ suburbs · Updated weekly

Waterloo, NSW Property Market Overview

Waterloo, NSW 2017, is an inner-city suburb of Sydney experiencing significant urban renewal. Situated just a few kilometres south of the CBD, Waterloo boasts a mix of residential, commercial, and industrial spaces, with a growing emphasis on high-density living. Our analysis of the Waterloo property market covers 36 years of sales data, incorporating 14,190 recorded sales. The current median property price across all dwelling types in Waterloo is $950,000.

Waterloo's property landscape is diverse, reflected in its distinct median prices for houses ($1,807,500) and apartments ($936,500). The suburb has undergone substantial transformation in recent decades, evolving from its industrial past to become a sought-after location for those seeking proximity to the city and a vibrant urban lifestyle. The high percentage of strata title properties further highlights the prevalence of apartment living in Waterloo.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $530,823
Based on the 10-year compound annual growth rate of 0.6%
Predominantly apartments88% apartments
12% of sales are houses and other non-strata properties
Loading chart...

Property Mix

88%
Houses 12%$1,807,500Apartments 88%$936,500

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Waterloo

Street Rankings

Top streets in Waterloo, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Crescent StApartment8$1,200,000
2Phillip StApartment13$1,240,000
3Elizabeth StHouse7$1,785,000
4Danks StApartment44$1,333,750

... and 118 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Gadigal AveApartment44$10,236/m²
2Elizabeth StApartment63$11,029/m²
3Tung Hop StApartment5$10,475/m²
4Allen StApartment3$12,407/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Crescent StApartment+6.9%
2Wellington StHouse+5.3%
3Allen StApartment+2.8%
4Powell StApartment+2.8%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

378
apartment buildings analysed
#AddressSalesMedian$/m²
1349 George St8$1,185,000$9,827/m²
22 Danks St9$6,975,000$90,584/m²
392 Cope St5$1,188,000$9,615/m²
4832 Elizabeth St10$1,217,500$11,629/m²

... and 374 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

65
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

88%
apartments across 378 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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122 streets and 378 buildings to explore

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3 street rankings
All 122 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
378 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 14,190 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Waterloo at a Glance

Region
Inner Sydney
CBD Distance
4km south of Sydney CBD
Train Station
Green Square Station (Airport Line)
Council
City of Sydney Council
Property Character
High-density residential with ongoing urban renewal
Community
Young professionals and multicultural community

Waterloo, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Waterloo, NSW

Waterloo offers a vibrant urban lifestyle with a blend of residential, commercial, and recreational spaces. The suburb is home to several parks, including Waterloo Park and Redfern Park (nearby), providing green spaces for residents to enjoy. Shopping options are plentiful, with nearby East Village Shopping Centre offering a range of retail and dining experiences.

Waterloo is well-connected to the city and surrounding areas via train and bus services. Green Square Station is within walking distance for many residents. The suburb is also home to several schools, including Waterloo Public School, catering to families with children. The overall vibe of Waterloo is modern and energetic, attracting a diverse community of residents.

The suburb's ongoing urban renewal has brought new amenities and infrastructure, further enhancing its appeal. Waterloo is a popular choice for those seeking a convenient and cosmopolitan lifestyle close to the heart of Sydney.


Who Buys in Waterloo?

The buyer profile in Waterloo is diverse, reflecting the suburb's mix of property types and lifestyle offerings. The high strata percentage (87.7%) suggests that apartments are a popular choice, attracting first home buyers, young professionals, and investors. The median apartment price of $936,500 may be attractive to those seeking entry-level properties close to the city.

While houses command a higher median price of $1,807,500, attracting families and established professionals, apartments remain the dominant property type. Waterloo's proximity to the CBD and its vibrant urban lifestyle make it an appealing location for a wide range of buyers.

Market Analysis

Currently, the AusPropertyInsights.app market cycle indicator places Waterloo in below its long-term trend, signalling that it is in undervalued territory. This means that, historically, Waterloo's property prices have typically been higher than they are at present, relative to their trend. However, it's crucial to remember that market cycles fluctuate, and this is simply a snapshot of Waterloo's position based on our data.

The undervalued position in Waterloo suggests a potential opportunity for buyers seeking to enter the market at a point where prices are relatively low, but it’s imperative to conduct thorough due diligence. This is a historical observation, not a prediction of future performance. The cyclical nature of the property market means that Waterloo's position is subject to change over time.


Is Waterloo a Good Investment?

Waterloo has experienced varied growth patterns over different time horizons. The 20-year CAGR of 3.8% and the full-period CAGR of 4.9% highlight the suburb's long-term growth potential. However, the 10-year CAGR of 0.6% suggests a period of more subdued growth in recent years. Understanding these historical trends is crucial for analysing the Waterloo property market.

The current market cycle position indicates that Waterloo is in below its long-term trend. This suggests that, relative to its historical performance, property prices in Waterloo may be undervalued. The ongoing urban renewal projects and infrastructure improvements in the area could potentially drive future growth, but this is simply an observation of historical trends, not a prediction. The suburb's proximity to the CBD and its diverse lifestyle offerings continue to be key drivers of property values in Waterloo.


Waterloo Market Outlook

As of early 2026, the Waterloo property market is in below its long-term trend. This position reflects the current market conditions and suggests that property prices in Waterloo are currently undervalued. Recent price trends indicate a period of adjustment, but the suburb's long-term growth potential remains a key factor for prospective buyers.

The ongoing urban renewal and infrastructure projects in Waterloo are expected to continue shaping the suburb's property market in the years to come. The market cycle position is a snapshot in time, and future market movements will depend on various economic and demographic factors.

Streets & Location in Waterloo, NSW

Waterloo, postcode 2017, offers diverse streetscapes from quiet residential pockets to bustling commercial strips. The top streets by median price in Waterloo, as observed in our data, include TUNG HOP ST, PHILLIP ST, and GEORGE ST. These streets represent some of the most desirable locations within the suburb.

Waterloo's location, close to the Sydney CBD, makes it a desirable location for many buyers. With 122 total streets, Waterloo offers a variety of living environments, from established residential areas to newer high-rise developments.

Market Dynamics

The Waterloo property market exhibits a relatively standard settlement timeframe, with an average of 65 days between sale and settlement. This timeframe is typical for the Sydney metropolitan area. While AusPropertyInsights.app tracks quick-flip percentages, this data is currently unavailable for Waterloo.

The average settlement days reflect the pace of transactions in Waterloo. Further analysis of transaction volumes and price movements would provide a more detailed understanding of the market's current dynamics.

Development & Density

Waterloo has experienced significant development over recent years, resulting in a high concentration of apartment buildings. With 378 apartment buildings within the suburb, Waterloo presents a predominantly high-density residential landscape. This development density reflects the suburb's ongoing transformation and its appeal to those seeking apartment living close to the city.

The significant number of apartment buildings in Waterloo contributes to the suburb's overall property mix and influences its median property prices. The high percentage of strata titled properties further reinforces this trend.

Growth & Property Mix

Over the long term, Waterloo's property market has demonstrated consistent growth. The suburb's 20-year Compound Annual Growth Rate (CAGR) stands at 3.8%, while its full-period CAGR, encompassing 36 years of data, is 4.9%. Examining the more recent 10-year period, the CAGR is 0.6%.

The property mix in Waterloo is heavily skewed towards apartments, with a substantial 87.7% of properties being strata titled. This high proportion of apartments influences the overall property market dynamics and price movements within the suburb.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Waterloo, NSW

What is the median property price in Waterloo?
The current median property price in Waterloo is $950,000 across all dwelling types. For houses, the median price is $1,807,500, while for apartments, it's $936,500. These figures reflect the diverse property mix in Waterloo.
Is Waterloo overvalued or undervalued?
According to our market cycle indicator, Waterloo is currently in below its long-term trend. This suggests that the suburb is in undervalued territory, relative to its historical price trends. However, market conditions are subject to change.
How has the Waterloo property market performed over 10 years?
Over the past 10 years, the Waterloo property market has experienced a Compound Annual Growth Rate (CAGR) of 0.6%. This figure reflects the average annual growth rate of property prices in Waterloo over this period. The suburb has seen more significant growth over longer timeframes.
What percentage of Waterloo is apartments vs houses?
Apartments make up a significant portion of the Waterloo property market, with 87.7% of properties being strata titled. This high percentage reflects the suburb's high-density residential landscape and the prevalence of apartment living. Houses represent a smaller proportion of the overall property mix.
Where is Waterloo in the property cycle?
Currently, Waterloo is in below its long-term trend, according to our market cycle indicator. This suggests that property prices in Waterloo are currently undervalued, relative to their historical trend. Market cycles are dynamic, and this position is subject to change.
What schools are near Waterloo?
Waterloo is home to Waterloo Public School and is located near other schools such as Our Lady of Mount Carmel Catholic Primary School in neighbouring Waterloo and Alexandria Park Community School. These schools cater to families living in the area.
What is Waterloo like to live in?
Waterloo offers a vibrant urban lifestyle with a mix of residential, commercial, and recreational spaces. The suburb is well-connected to the city and surrounding areas, with easy access to parks, shops, and amenities. It's a popular choice for those seeking a convenient and cosmopolitan lifestyle close to the heart of Sydney.
Is Waterloo good for families?
Waterloo can be suitable for families, particularly those seeking apartment living close to the city. The suburb has schools and parks, and it's well-connected to amenities and services. However, the high-density residential landscape may not appeal to all families.
How far is Waterloo from Sydney CBD?
Waterloo is located approximately 4 kilometres south of the Sydney CBD. This proximity makes it a desirable location for those working in the city, with easy access via train, bus, and major roads.
What transport options are in Waterloo?
Waterloo is well-served by public transport, with Green Square Station providing train services on the Airport Line. Numerous bus routes also operate in the area, connecting Waterloo to the city and surrounding suburbs. Major roads such as South Dowling Street and the Eastern Distributor provide easy access by car.
How does Waterloo compare to nearby suburbs?
Compared to neighbouring suburbs like Surry Hills and Redfern, Waterloo generally offers more affordable apartment options. While house prices may be similar, the high concentration of apartments in Waterloo contributes to a lower overall median property price. Growth rates have varied across these suburbs in recent years.
Is Waterloo a good first home buyer suburb?
Waterloo may be an option for first home buyers, particularly those seeking apartment living close to the city. The median apartment price of $936,500 may be within reach for some first home buyers, especially those eligible for government grants and incentives. The high strata percentage reflects the availability of apartments.
What are the best streets in Waterloo?
Based on median property prices, some of the top streets in Waterloo include TUNG HOP ST, PHILLIP ST, and GEORGE ST. These streets represent some of the more desirable locations within the suburb, with higher property values.
How many properties have been sold in Waterloo?
Over the period covered by our data, a total of 14,190 properties have been sold in Waterloo. This figure reflects the high level of transaction activity in the suburb over the past 36 years.
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