ABS 2021 Census · Updated 31 March 2026
Waterfall Gully is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 161, making it a boutique locality. Located approximately 8 km from the Adelaide CBD, Waterfall Gully is a middle ring area in South Australia. The median household income is $187,200 AUD per year (ABS 2021 Census).
Above-average earnings in Waterfall Gully support sustained property values. The short commute to the city centre is a key demand driver.
Map shows Waterfall Gully, South Australia, Australia.
Official Australia Post postcode for Waterfall Gully. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Waterfall Gully on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Waterfall Gully's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links — making them attractive to families and long-term tenants. The median rent of $468/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $3,250/month. A median household income of $187,200/year supports premium property values and indicates a well-employed resident base. 81% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Solid fundamentals in Waterfall Gully support capital growth over a medium to long hold period.
Strong tenant demand in Waterfall Gully underpins consistent rental income and low vacancy risk.
Limited buyer depth in Waterfall Gully makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Waterfall Gully property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →The outlook for capital growth in Waterfall Gully is encouraging heading into 2026, driven by constrained supply and buyer competition. Tenants in Waterfall Gully have options — presenting well-maintained properties is key to minimising vacancy. Confidence in Waterfall Gully's medium-term prospects is reflected in sustained buyer interest.
Waterfall Gully is a middle ring area in South Australia with a population of 161. The median rent is $468/week and the median household income is $187,200/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Waterfall Gully include established amenities and transport access. 81% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Waterfall Gully has a population of approximately 161. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Waterfall Gully is approximately 8 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.