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Suburb profile · ABS Census 2021

Waterloo suburb profile

Waterloo, VIC · Postcode 3373

This Waterloo suburb profile summarises official Australian Bureau of Statistics Census 2021 data for Waterloo, VIC (postcode 3373). Use it as a free suburb report covering population, median rent, household income, age, housing tenure and employment, plus how those figures changed since Census 2016— then compare Waterloo with nearby suburbs.

Waterloo at a glance

Population

122

Median rent

$165/wk

Household income

$1,093/wk

Median age

50

Change since the previous Census. Historical figures are mapped from State Suburbs (SSC) to today's suburb boundaries.

Population

Census 2011 → 2016 → 2021

+23.2% over 10 years

20119920161102021122
2011 and 2016 figures are mapped onto 2021 suburb boundaries, so comparisons are approximate where borders changed.

Population

122

was 110 in 2016

+12 · +10.9%

Median rent

$165/wk

was $200/wk in 2016

$35 · -17.5%

Household income

$1,093/wk

was $900/wk in 2016

+$193 · +21.4%

Median age

50

was 43 in 2016

+7 · +16.3%

Dig deeper: Waterloo population growth · Waterloo then and now

Waterloo vs nearby & Greater Melbourne

Median Census 2021 figures for Waterloo, nearby suburbs (8), and the Melbourne metro median (suburbs with 1,000+ people).

Rent

-57.7% vs area

  • Waterloo$165/wk
  • Nearby$250/wk
  • Melbourne$390.5/wk

Household income

-43.6% vs area

  • Waterloo$1,093/wk
  • Nearby$1,135.5/wk
  • Melbourne$1,936.5/wk

Median age

+28.2% vs area

  • Waterloo50
  • Nearby49
  • Melbourne39

Personal income

-35.4% vs area

  • Waterloo$545/wk
  • Nearby$621/wk
  • Melbourne$843.5/wk

Nearby uses the same postcode first, then larger suburbs in VIC. See Melbourne rankings.

Socio-economic profile

How Waterloo compares to other Australian suburbs on income, education and occupation — from official ABS SEIFA 2021 data.

Waterloo sits below average for socio-economic advantage compared with suburbs Australia-wide.

Relative disadvantage (IRSD)

Decile 3

963.3

Lower score / decile = more relative disadvantage

Advantage & disadvantage (IRSAD)

Decile 3

940.2

Higher score / decile = more relative advantage

Economic resources (IER)

Decile 4

1,000.5

Access to economic resources (income, housing)

Education & occupation (IEO)

Decile 5

963.9

Education and occupational skill levels

Source: ABS SEIFA 2021. See methodology.

Waterloo on the map

OpenStreetMap outline for Waterloo, VIC.

Loading map…

Map data © OpenStreetMap contributors. Boundary matching is approximate.

Waterloo people

Population

Total usual residents (Census 2021)

122
Median age

Median age of residents in years

50
Born overseas

Percentage born outside Australia

15.6%
Average household size

Average number of people per household

2.2

Waterloo income

Median household income

Median total weekly household income

$1,093/wk
Median personal income

Median total weekly personal income

$545/wk

Waterloo housing

Median rent

Median weekly rent for rented dwellings

$165/wk
Median mortgage repayment

Median monthly mortgage repayment

$1,040/mo
Separate houses

Percentage of dwellings that are separate houses

71.8%
Flats & apartments

Percentage of dwellings that are flats or apartments

0%
Owned outright

Percentage of dwellings owned without a mortgage

47.9%
Mortgaged

Percentage of dwellings with a mortgage

18.3%
Rented

Percentage of dwellings rented

0%
Unoccupied dwellings

Percentage of private dwellings unoccupied on Census night

22.5%

Waterloo work

Employment to population

Employed persons as a percentage of population aged 15+

56.5%
Unemployment rate

Unemployed persons as a percentage of the labour force

0%
Year 12 or above

Percentage with Year 12 or equivalent as highest school level

39%

Nearby suburb profiles (near 3373)

Compare Waterloo with nearby suburbs

Waterloo in numbers

Waterloo had 122 residents at the 2021 Census. The median age is 50, 22% above the typical VIC suburb. The average household has 2.2 people. 15.6% of residents were born overseas.

Among occupied homes, 47.9% own their home outright, 18.3% are paying a mortgage, 0% rent. Separate houses make up 71.8% of dwellings, with 0% in flats or apartments. Median rent was $165/wk, 53% below the typical VIC suburb.

Median household income was $1,093/wk, 39% below the typical VIC suburb. On the ABS SEIFA index of relative socio-economic disadvantage it sits in decile 3 nationally (1 is most disadvantaged, 10 least).

Between the 2016 and 2021 Censuses the population grew 10.9% (from 110 to 122). Median rent moved from $200/wk to $165/wk (-17.5%).

Waterloo suburb FAQs

What is the median rent in Waterloo, VIC?
The median weekly rent in Waterloo was $165/wk at the 2021 Census (ABS).
How many people live in Waterloo, VIC?
Waterloo had 122 residents at the 2021 Census, up 10.9% from 2016.
What is the median household income in Waterloo?
Median household income in Waterloo was $1,093/wk at the 2021 Census.
Do most people rent or own in Waterloo?
0% of occupied homes in Waterloo were rented, 47.9% were owned outright and 18.3% were owned with a mortgage.

About this Waterloo suburb profile

Figures are from the ABS Census of Population and Housing 2021 (General Community Profile) for the Suburbs and Localities boundary matching Waterloo (Vic.). Where shown, 2016 values come from the 2016 State Suburbs (SSC) profile, linked via ABS geographic correspondence — boundaries are not always identical. Medians may be suppressed for very small areas. This is not financial or relocation advice — use it alongside current market data.

Source: ABS Census 2021. Methodology · Richest suburbs in Melbourne