Average rent in Waterloo, NSW — 2026

Waterloo is part of the Sydney council area and sits 4km out from the Sydney CBD, with around 16,379 residents at the 2021 ABS Census. Renters here typically pay $530/week, which is above the New South Wales median of $424/week. About 73% of households rent — the rest are owners or paying down a mortgage.

$530/wk

ABS 2021 Census median

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Suburb at a glance

Population
16,379

ABS 2021

Median age
33
Distance to Sydney
4 km
Households renting
73%
Separate houses
1%
Flats / apartments
91%
Born overseas
54%
Top occupation
Professionals
LGA
Sydney

Renting in Waterloo

Renting in Waterloo costs more than most of New South Wales — the typical renter pays $530/week, which is 25% above the state median of $424/week (ABS Census 2021). The suburb is mostly renters (73%) living mostly in flats and apartments (91%), which fits the inner-Sydney pattern. About 54% of residents were born overseas, and Professionals is the biggest occupation category. Waterloo is 4km from the CBD — close to jobs, transit, and the kind of inner-city amenity that pushes rent up. Applications close fast and competition is real. State rent indices have moved a lot since 2021, so the live figure above matters more than the Census baseline.

Frequently asked questions

What's the median rent in Waterloo?+
Based on ABS Census 2021 data, the median weekly rent for households in Waterloo, NSW was $530. Where renters have submitted recent reports through RenterSay, the live figure shown above reflects post-2021 changes. State rent indices like CoreLogic and Domain suggest the 2021 baseline is now several years stale — treat it as the historical anchor, not the current asking price.
How does Waterloo rent compare to New South Wales?+
At the 2021 Census, New South Wales's state median rent was $424 a week. Waterloo sat at $530 — 25% above the state average. The suburb is 4km from Sydney, and rent generally scales with how close you are to the CBD, transit links, and the local dwelling mix (1% separate houses, 91% flats here).
Which suburbs near Waterloo have lower rent?+
A few nearby suburbs come in cheaper than Waterloo's $530/week (ABS 2021): West Hoxton - Middleton Grange, Artarmon, North Ryde - East Ryde. On the higher end, you've got Googong, Malabar - La Perouse, Terranora - North Tumbulgum. Just remember that cheaper rent doesn't always mean better value — commute times, transit access, and the actual condition of the housing stock matter too. You can add to the live picture for your area using the rent submission form below.

Nearby suburbs in NSW

Eastwood

$450/wk

Mascot

$600/wk

Homebush

$450/wk

Port Botany Industrial

$1200/wk

Belrose

$885/wk

Castle Cove - Northbridge

$850/wk

Renting in NSW?

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