The housing market in Waterloo, a locality in the Shire of Dardanup, Western Australia, offers a glimpse into a serene and country-style living environment that has been attracting both families and retirees. Known for its spacious properties and picturesque landscapes, Waterloo appeals to those seeking a quieter lifestyle away from the hustle and bustle of urban centers. The market here is characterized by large plots of land and beautiful rural settings, making it an attractive option for those interested in farming or simply enjoying more space. Over recent years, the demand for housing in areas like Waterloo has seen a gentle rise, reflecting a growing interest in regional living driven by the affordability of properties compared to the state's urban areas like Perth.
Living in Waterloo provides a unique blend of tranquility and community spirit, set amidst a backdrop of rolling hills and productive farmland. Residents enjoy a peaceful existence with a strong connection to nature, while still being conveniently located about 20 kilometers from the larger town of Bunbury, which offers all necessary amenities and services. The area is known for its friendly community, where neighbors often know each other by name, fostering a supportive atmosphere. Additionally, Waterloo's proximity to the Ferguson Valley wine region and numerous outdoor recreational activities makes it an appealing spot for those who appreciate both relaxed living and the occasional adventure.
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Thinking about buying in Waterloo? Now could not be a better time, with just 94 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,119,000 with prices in this suburb ranging from $635,000 to $1,351,000. Waterloo is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Waterloo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Waterloo changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Waterloo to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Waterloo the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation62 Cemetery Road, Waterloo, VIC, 3373 | 3 | 2 | 0 | $1,299,000 - $1,349,000 |
Glen Huon Primary School
Eaton Community College
Treendale Primary School
(While the above schools are located with the suburb of Waterloo there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
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Jan | 1.8 | 12.2 | 25.3 | 32.9 | 81.1 | 5.5 | 26.1 |
Feb | 1.4 | 12.0 | 23.9 | 39.1 | 84.4 | 5.3 | 21.8 |
Mar | 1.6 | 9.9 | 20.1 | 47.3 | 87.9 | 5.4 | 17.0 |
Apr | 1.5 | 8.3 | 16.1 | 54.5 | 88.1 | 4.8 | 12.6 |
May | 2.7 | 5.5 | 11.2 | 70.6 | 94.3 | 5.3 | 8.1 |
Jun | 2.6 | 3.7 | 8.3 | 80.7 | 97.3 | 5.1 | 6.7 |
Jul | 2.9 | 2.7 | 7.3 | 83.4 | 98.0 | 5.4 | 6.7 |
Aug | 2.4 | 2.7 | 8.7 | 73.8 | 96.4 | 5.3 | 10.1 |
Sept | 2.4 | 4.2 | 12.0 | 61.4 | 93.8 | 5.6 | 14.4 |
Oct | 1.8 | 6.1 | 16.0 | 50.7 | 89.6 | 5.6 | 19.8 |
Nov | 1.8 | 7.7 | 18.8 | 44.8 | 89.2 | 5.5 | 23.3 |
Dec | 1.3 | 10.2 | 22.6 | 36.2 | 82.8 | 5.4 | 26.6 |
source: Australian Government Bureau of Meteorology
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