Waterford

POSTAL CODE: QLD, 4133
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WATERFORD, 4133 ranks 999th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 12.73% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $775,000.

The upward trend in home prices in WATERFORD, 4133 averaged 15.41% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 3.69% increase in returns based on the current median price in WATERFORD.

An average of 10.75 real estate transactions take place per month in WATERFORD which translates to 129 per annum.

129 properties were sold in WATERFORD in 2016, making it the 866th most active market in QLD based on total real estate transactions.

WATERFORD, 4133 places 322nd in Australia based on median property value growth during the quarter.

Surburb overview

Waterford, with postcode 4133, is a suburb of Logan, Queensland. It is approximately 33.6 kilometres southeast of Brisbane's central business district and about 10.9 kilometres southeast of Logan Central. 

According to the 2021 census, Waterford has a population of 5,796 residents, with a median age of 32, six years below the national median. The suburb exhibits cultural diversity, with 65.8% of residents born in Australia. Significant communities from New Zealand, England, India, Afghanistan, and the Philippines also reside there. English is the predominant language spoken at home by 77.2% of the population, followed by Punjabi, Hazaraghi, Samoan, Hindi, and Mandarin. 

Public transportation in Waterford includes local bus services that connect the suburb to surrounding areas. The nearest train station is located in the neighbouring suburb of Bethania, approximately a 5 to 10-minute drive away, providing residents with access to the broader rail network. 

Essential establishments in Waterford encompass educational institutions such as Waterford State School, a government primary school catering to early childhood through Year 6, and Canterbury College, an Anglican primary and secondary school offering education from Prep to Year 12. For shopping and healthcare services, residents often visit nearby suburbs like Waterford West, which houses the Waterford Plaza shopping centre and various medical facilities. 

Several parks, including Barber Court Park, High Road Park, L Storey Park, Nerang Street Park, and Woodlands Boulevard Park, support recreational opportunities in Waterford. These parks offer spaces for outdoor activities. The Logan City Council also manages a boat ramp at Albert Street on the Logan River's south bank, facilitating water-based recreation. 

The real estate market in Waterford has grown significantly. The median property price is currently $715,000, with an annual compound growth rate of 14.4%. House rental yields are approximately 4.67%, with a median weekly rent of $600. These figures indicate a robust property market that appeals to families and investors seeking a suburban lifestyle within reach of urban amenities. 

Waterford presents a blend of residential living, educational facilities, and recreational amenities, contributing to its appeal as a suburban community within the City of Logan.

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