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Suburb Insights ยท SA 5110

Waterloo Corner 5110, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Waterloo Corner is an outer-metropolitan suburb of Adelaide, Australia, with a population of approximately 1,103, making it a boutique locality. Located approximately 24 km from the Adelaide CBD, Waterloo Corner is a outer metro area in South Australia. The median household income is $48,672 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Household earnings in Waterloo Corner are below the state average, which may affect long-term capital growth.

Location

Map shows Waterloo Corner, South Australia, Australia.

Key Indicators

Postcode
5110

Official Australia Post postcode for Waterloo Corner. A postcode may cover multiple suburbs.

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Population
1,103

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$225/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$48,672/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
24 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,695/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
84% houses

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 โ†’

Investment Insight

Waterloo Corner's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $225/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,695/month. 84% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Waterloo Corner offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Expect competitive but not exceptional rental returns in Waterloo Corner's current market.

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Renovation / Flip

Limited buyer depth in Waterloo Corner makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Waterloo Corner property

Full Property Analysis

30-year projections for Waterloo Corner

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Price movement in Waterloo Corner is expected to be flat to modest in 2026, reflecting broader regional market conditions. Tenants in Waterloo Corner have options โ€” presenting well-maintained properties is key to minimising vacancy. Waterloo Corner is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Waterloo Corner a good suburb for investment?

Waterloo Corner is a outer metro area in South Australia with a population of 1,103. The median rent is $225/week and the median household income is $48,672/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Waterloo Corner?

Key demand drivers in Waterloo Corner include affordability relative to inner suburbs and expanding infrastructure. 84% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Waterloo Corner?

According to the ABS 2021 Census, Waterloo Corner has a population of approximately 1,103. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Waterloo Corner from the Adelaide CBD?

Waterloo Corner is approximately 24 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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