Get a property report and suburb profile for any property in Waterford

Join the 2 million Australians* who use our services every year.

Geo Page

Waterford suburb profile

Waterford is a picturesque suburb located in the Logan City region of Queensland, offering a serene lifestyle with a touch of rural charm. Situated approximately halfway between Brisbane and the Gold Coast, it provides residents with the convenience of city access while enjoying a peaceful environment. The suburb is known for its lush green spaces, including the popular Tygum Park, which features a beautiful lagoon and recreational facilities. Waterford is a family-friendly area with a range of schools, shopping centres, and community amenities, making it an appealing choice for those seeking a balanced lifestyle amidst natural beauty.

Waterford property market performance

Property growth+24.4%Past 12 months

Waterford’s property market has experienced significant growth over the past 12 months, particularly in the housing sector. House values have surged by 19%, with the current median house price reaching $970,000. Although unit values have increased by 29.7%, the market for units remains limited, with only one unit sold in the past year.

Sales activity for houses has been robust, with 33 houses sold over the last 12 months. Houses are selling quickly, with a median of just 15 days on the market, indicating strong demand. In contrast, units are taking much longer to sell, with a median of 70 days on the market, reflecting the limited activity in this segment.

The rental market for houses in Waterford has also seen positive movement, with average rents increasing by 8.3% over the last 12 months to $650. The unit rental market remains inactive, with no change in rent prices.

HousesUnits
Median price
Past 3 months
$970KN/A
Change in value
Past 12 months
19.0%29.7%
Sold
Past 3 months
331
Median days on market
Past 12 months
1570
Average rent
Past 12 months
$650N/A
Change in rent
Past 12 months
8.3%N/A

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Waterford demographics

Waterford, located in the Logan City area of Queensland, is a suburb that offers a blend of suburban tranquility and family-friendly amenities. With a population of 5,796 and a median age of 32, Waterford is a youthful community that attracts families and young professionals alike. The suburb's proximity to both Brisbane and the Gold Coast makes it an appealing choice for those seeking a balance between city access and a quieter residential environment.

The housing landscape in Waterford is diverse, with a significant portion of properties being rented, accounting for 41.9% of the housing market. This indicates a flexible living arrangement that appeals to both transient residents and those looking for long-term rental options. Meanwhile, 37.2% of properties are owned with a mortgage, and 20.9% are owned outright, reflecting a stable community with a mix of new homeowners and established residents.

Family life is a cornerstone of Waterford, with 44.1% of households being couple families with children, and 23.1% being one-parent families. This family-oriented atmosphere is complemented by local parks, schools, and community facilities that cater to the needs of growing families. The median total household income of $1,623 per week suggests a comfortable standard of living, making Waterford an attractive suburb for those seeking a supportive and engaging community environment.

Waterford infrastructure, key developments and investment opportunities

Waterford benefits from its location in the City of Logan, with easy access to major arterials between Brisbane and the Gold Coast, supporting ongoing demand from commuters and families.[4][6] The suburb offers a mix of newer residential estates and established homes, and proximity to larger retail hubs and employment centres in nearby Logan suburbs continues to underpin buyer interest.[4] Local schooling options, including nearby Canterbury College and several state schools in the surrounding area, enhance appeal for families and may support price growth over the medium term.[4]

Access to supermarkets, bulky goods retailers and everyday services in adjacent centres such as Waterford West and Beenleigh provides strong amenity without major congestion, contributing to livability for residents.[4][5] There are no widely publicised, large-scale new infrastructure or transport projects specific to Waterford at this time, so property performance is more likely to be driven by broader Logan region growth, incremental road upgrades and ongoing infill development rather than a single transformative project.[6] Overall, stable amenity, family-friendly character and regional infrastructure improvements are expected to continue supporting steady demand in the suburb.[4][6]

Waterford rental market trends

The rental market in Waterford has experienced growth, with house rents increasing by 8.3% over the past year to $650 per week. However, there is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Waterford continues to attract interest due to its suburban appeal and proximity to key amenities.

Suburbs near Waterford

Some popular suburbs near Waterford include:

How does Waterford compare to nearby suburbs?

  • Median house prices: Waterford’s median house price is 12.1% higher than Waterford West’s.
  • House price growth: Over the past 12 months, house prices in Waterford have grown 6.9% higher than in Waterford West.
  • Unit price growth: Over the past 12 months, unit prices in Waterford have grown 39.5% higher than in Bethania.
  • Selling speed for houses: Properties in Waterford are selling 21.1% faster than in Bethania.
  • Selling speed for units: Properties in nearby Loganlea are selling 87.1% faster than in Waterford.
  • House price growth: Over the past 12 months, house prices in Waterford have grown 25.7% lower than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Waterford have grown 18.1% lower than the average rate of growth for units across Brisbane.

Common questions about Waterford

  • Is Waterford a nice place to live?

    Waterford is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the Logan City region, Waterford is known for its charming rural feel while still providing convenient access to both Brisbane and the Gold Coast. This balance of tranquility and accessibility makes it an attractive option for families and individuals seeking a peaceful lifestyle without sacrificing proximity to urban amenities.

    The suburb boasts a welcoming community vibe, with a strong emphasis on family life. Waterford is home to a variety of schools and community facilities that cater to families, ensuring that children have access to quality education and recreational activities. The lush green spaces and parks, such as the popular Tygum Park, offer ample opportunities for outdoor enjoyment and relaxation, contributing to the suburb's livability.

    Safety is generally not a major concern in Waterford, and the suburb's community-oriented atmosphere fosters a sense of security and belonging. While Waterford may not have the bustling nightlife of a city center, it compensates with its peaceful surroundings and the convenience of nearby shopping centers and cafes. Residents can enjoy a comfortable lifestyle with access to essential services and retail options in adjacent areas like Waterford West and Beenleigh.

    However, living in Waterford does come with some trade-offs. The suburb lacks large-scale new infrastructure projects, which means that property performance is more reliant on broader regional growth and incremental improvements. Additionally, while the suburb offers a tranquil setting, those seeking a more vibrant urban experience may find the quieter lifestyle a bit limiting.

    Overall, Waterford is a charming suburb that provides a supportive and engaging community environment, making it an appealing choice for families and individuals seeking a balanced lifestyle amidst natural beauty. Its proximity to major cities, combined with its peaceful ambiance, makes Waterford a nice place to live for those who value both convenience and tranquility.

    Down Pointer
  • Is it expensive to live in Waterford?

    Living in Waterford can be quite costly, especially when it comes to housing. The median house price is currently around $970,000, which is a significant investment. If you're considering renting, the average rent for houses is about $650 per week. Unfortunately, there are no current figures for units, indicating limited availability or demand for this type of housing in the area.

    When comparing the average annual wage in Waterford, which is approximately $62,000, to the median total household income weekly of $1,623, it becomes evident that a considerable portion of income would be dedicated to housing costs. This can be challenging for individuals or families earning around the average wage, as the cost of living in Waterford, particularly for housing, is relatively high.

    Overall, while Waterford offers a pleasant living environment with its suburban charm, the financial commitment required to live here is substantial. If you're thinking of making Waterford your home, it's essential to evaluate your financial situation to ensure it aligns with the expenses associated with living in this area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
    Down Pointer
  • Is Waterford a good place to invest?

    Waterford is showing promising signs as a potential investment hotspot. Over the past year, the suburb has experienced a significant increase in property values, with median house values rising by 19.0% and unit values surging by an impressive 29.7%. This strong growth indicates a high demand for properties in the area, making it an attractive option for investors looking to capitalize on capital appreciation.

    In terms of rental income, Waterford has also seen positive trends, with house rents increasing by 8.3% over the past year. Although unit rents have remained stable, the substantial growth in property values suggests that the demand for units is on the rise, which could lead to future rental increases. This combination of rising property values and rental income potential makes Waterford a compelling choice for those seeking a balanced investment opportunity.

    Overall, Waterford's recent performance in both property value growth and rental market trends positions it as a suburb with solid investment potential. Its ability to deliver both capital gains and rental returns makes it an appealing option for investors aiming for a well-rounded portfolio.

    Down Pointer

Choose the right real estate agents in Waterford

Currently, there are 70 real estate agents working in Waterford—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 70 agents sold 42.0% of all properties in Waterford over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Waterford typically charge a commission of 2.38% to 3.21%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.