Average rent in Waterford West, QLD — 2026

Waterford West comes in cheaper than most of Queensland — the typical renter pays $320/week, around 11% below the state median of $359/week (ABS Census 2021). Most households here own (around 56% are owners or paying down a mortgage), and only 40% rent. The suburb is overwhelmingly separate houses (76%), with very little high-density stock. Population is around 7,815, median age 35, and the most common occupation category is Labourers. 31% of residents were born overseas. At 27km from Brisbane, Waterford West typically sits outside the inner-ring rent pressure zone — but state rent indices since 2021 have moved a lot, so the live figure above is a better current guide than the Census baseline.