Median price trend for houses
Based on 11 sales in the preceding 12 months
$550,000
Up 5.5% over 12 months
- 3 bed
- $550k
Aerial view
Imagery © Esri
The quick read on
Waterford Park
VIC 3658 · Mitchell
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $550,000
- Population
- 217
- Postcode
- 3658
latest suburb median
ABS 2021
Waterford Park, Victoria
Property market insights for Waterford Park
Median sale price and rental income of properties in Waterford Park VIC
Market data updated October 2026.
The median house price in Waterford Park, VIC is currently $550,000, based on the latest 12 months of sales. Waterford Park has a 12-month growth rate of 5.5% for houses.
Three-bedroom houses have a median sale price of $550,000 in Waterford Park.
Crime and safety
Is Waterford Park safe?
The overall rate for Waterford Park is 1,976 offences per 100,000 residents — 51% below the Greater Melbourne benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Waterford Park.
Overall crime rate
1,976
offences per 100,000 residents
51% belowGreater Melbourne
Waterford ParkGreater Melbourne: 4,001
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Waterford Park?
Waterford Park VIC 3658 is in Victoria, within Greater Melbourne.
217 people call Waterford Park home, with an average of 2.6 people per household and a median household income of $1,571 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 217
- Median age
- 37 years
- Median mortgage
- $1,273 / month
- 2021 household rent
- $285 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 1522.1%Above
15–3426.3%Below
35–5420.7%Below
55–7426.3%Above
75 and over5.5%Below
Homes
Share of occupied private dwellings.
Separate houses100.0%Above
Townhouses0.0%Below
Apartments0.0%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright34.2%Above
Paying a mortgage57.9%Above
Renting7.9%Below
Cars at home
Vehicles available to occupied households.
No car0.0%Below
One car26.3%Below
Two cars42.5%Above
Three or more31.3%Above
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home8.0%Below
Drove to work69.0%Above
Train, tram or bus0.0%Below
Walked or cycled0.0%Below
What stands out in Waterford Park
8.0% of workers in Waterford Park worked from home on Census day — about half the rate across Greater Melbourne.
4.6% of Waterford Park residents were born in England.
60.4% of people in Waterford Park described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Waterford Park
Open any question for a plain-English reading of the public 2021 Census for Waterford Park VIC 3658.
Is Waterford Park family-friendly?Age, family structure and household size describe the community families would be joining.
22.1% of Waterford Park's residents were children under 15 in the 2021 Census. That is somewhat above the Greater Melbourne average.
62 family households lived in Waterford Park; 43.5% were couple families and 14.5% were one-parent families.
37.1% of local families included children under 15. That is close to the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Waterford Park?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Waterford Park had 217 residents at the 2021 Census.
29.0% of residents were aged 25 to 44.
31.8% were 55 or older. That is somewhat above the Greater Melbourne average.
Age shares use the suburb’s total Census population.
What kind of homes are in Waterford Park?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 100.0% of occupied private dwellings in Waterford Park.
Townhouses and other attached homes represented 0.0% of occupied private dwellings.
Flats and apartments accounted for 0.0% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Waterford Park?Tenure shows how many households own outright, have a mortgage or rent.
34.2% of households with a stated tenure owned their home outright. That is somewhat above the Greater Melbourne average.
57.9% were buying their home with a mortgage.
7.9% rented their home. That is about half the Greater Melbourne rate.
Tenure shares include households that stated one of these three arrangements.
How large are households in Waterford Park?Household-size data shows the mix behind the suburb-wide average.
The average household in Waterford Park had 2.6 people.
One-person households made up 25.0% of occupied homes. That is almost exactly typical for Greater Melbourne.
Two-person households represented 37.5%, while 25.0% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Waterford Park?Census-day travel shows the balance between home, road, public transport and active travel.
8.0% of workers worked from home on Census day. That is about half the Greater Melbourne rate.
69.0% drove a car as their only travel method. That is well above the Greater Melbourne average.
0.0% used only a train, tram or bus, while 0.0% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Waterford Park?Vehicle availability helps describe the routines local households can support.
0.0% of occupied households had no motor vehicle available. That is about half the Greater Melbourne rate.
One-car households formed 26.3% of the total.
73.8% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Waterford Park, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
66.3% were at the same address five years earlier, while 33.7% reported a different address.
6.5% of residents were born outside Australia. That is about half the Greater Melbourne rate.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Waterford Park?Language at home gives a direct view of the community’s everyday linguistic mix.
87.6% of residents used only English at home.
4.6% used a language other than English at home.
0.0% spoke Mandarin at home, 0.0% spoke Cantonese and 0.0% spoke Hindi.
Home language is separate from English proficiency.
Where were Waterford Park residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
6.5% of Waterford Park's population was born outside Australia, while roughly 93.5% was born in Australia.
0.0% of residents were born in China.
0.0% were born in India, while Australian citizenship across the whole suburb stood at 91.7%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Waterford Park?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 52.1% of ancestry responses in Waterford Park.
Australian ancestry made up 49.3% of responses.
Chinese ancestry represented 0.0% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Waterford Park?Occupation describes a person’s role; industry describes the sector employing them.
9.2% of employed residents worked in professional occupations. That is about half the Greater Melbourne rate.
Managers accounted for 3.4% of employed residents, while clerical and administrative workers made up 12.6%.
Health care and social assistance employed 17.2% of workers, and education and training employed 3.4%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Waterford Park?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 55.0%, compared with 64.1% across Greater Melbourne.
28.5% of residents aged 15 and over worked full time, while 17.4% worked part time.
Unemployment was 5.4%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
What does the health profile of Waterford Park show?Selected long-term health conditions help describe community service needs.
51.2% reported no selected long-term health condition.
14.7% reported a long-term mental health condition, including depression or anxiety.
13.4% reported asthma, 15.2% arthritis and 2.3% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Waterford Park?Qualifications describe the study pathways represented among local residents.
13.3% of people in the qualifications table held a bachelor degree. That is about half the Greater Melbourne rate.
Postgraduate degrees accounted for 0.0% of qualification responses.
Diploma-level qualifications represented 20.0%, while certificate-level qualifications represented 57.8%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Waterford Park?Census income and household payments give historical context for local living costs.
Median household income was $1,571 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $1,273.
Occupied renting households reported a median rent of $285 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Waterford Park compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 8.0% in Waterford Park, compared with 28.8% across Greater Melbourne.
Outright ownership was 34.2% locally and 30.7% across Greater Melbourne. That is somewhat above the Greater Melbourne average.
Renting accounted for 7.9% in Waterford Park, against 31.1% across Greater Melbourne.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Waterford Park
Is Waterford Park expensive?
The median house price is $550,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Waterford Park good for families?
The Census counted 62 local families, and 22.1% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Waterford Park?
3-bedroom houses have a median around $550,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Waterford Park
8 streets in Waterford Park
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Andrew Ave
- Elizabeth Ct
- John Ct
- Linton St
- Robert Ct
- Ryans Rd
- Steven St
- Turner St
12 suburbs surrounding Waterford Park
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Waterford Park right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.