$320 ▲ +6.7%
Lower than 67% of statistical area 2 (sa2) areas.
- 2011: $300
- 2016: $310
- 2021: $320
Median weekly rent paid by households renting their home.
Waterford West · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
More people are renting in Waterford West than they were in 2011, while typical mortgage payments have fallen. The area is now marked by a high proportion of renters, with 40.1% of households renting their homes. This makes the suburb much more reliant on rentals than most other similar areas.
All statistical area 2 (sa2) areas, 2021. The marker is Waterford West — lower than 67% of areas.
| Waterford West | $320 |
|---|---|
| 4133, QLD | $370 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are much lower than most areas at $1,452, which is well below the national figure. Weekly rents are also a little below the state and national averages, sitting at $320.
$320 ▲ +6.7%
Lower than 67% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,452 ▼ -14.6%
Lower than 76% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Waterford West, the largest group is $200–$349 at 47%, followed by $350–$549 (38%) and Under $200 (13%).
In Waterford West, $1,000–$1,799 is the majority at 53%; $1,800–$2,999 is next at 23%.
How homes are owned or rented.
Renters make up 40.1% of households, a figure that is well above the national average and has risen since 2011. Conversely, the 25% of homes owned outright is well below the figures for Queensland and Australia.
40.1% ▲ +5.3%
Higher than 79% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
25.0% ▲ +5.1%
Lower than 72% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Waterford West, the largest group is Rented at 40%, followed by Owned with a mortgage (31%) and Owned outright (25%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 76.3% of the market, though this has fallen since 2011. The area also has a much lower share of homes with three or more bedrooms compared to most other areas, at 69.2%.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
76.3% ▼ -5.1%
Lower than 65% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
69.2% ▼ -6.3%
Lower than 74% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Waterford West, Separate house is the majority at 77%; Townhouse / semi-detached is next at 19%.
In Waterford West, the largest group is 3 bedrooms at 38%, followed by 4 bedrooms (27%) and 2 bedrooms (25%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Waterford West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/311051328/waterford-west/topic/housing-dwellings