Darlington vs Waterloo

Waterloo (median $1,570,000) is roughly 17% cheaper to buy into than Darlington ($1,900,000). Over the past year, Darlington (+10.1%) ran 5.4 percentage points ahead of Waterloo (+4.7%) on house-price growth.

Buying in Darlington or Waterloo?

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Darlington and Waterloo side by side

MeasureDarlingtonWaterloo
Price and market
Median house$1,900,000$1,570,000
Median unit$411,840$906,500
House price change, 12 months+10.1%+4.7%
Renting
House rent$650/wk$1150/wk
Unit rent$915/wk$1050/wk
Owner occupied–24.0%
Renter occupied–73.0%
Schools
Schools nearby2020
Average ICSEA10421062
Lifestyle and people
Walk score100100
Transit score1000
Bike score100100
Population–16,379
Median age–33
Climate
Annual rainfall1101 mm1101 mm
Mean max, January27.1°C27.1°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Waterloo (1062) sits above Darlington (1042).

For buyers
Waterloo is the lower entry point at $1,570,000 median, 17% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Waterloo delivers the better gross yield (3.81% vs 1.78%), but Darlington has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Waterloo edges out on average school ICSEA (1062 vs 1042).

Darlington vs Waterloo: common questions

Is Darlington or Waterloo cheaper to buy in?

Waterloo has the lower median house price at $1,570,000, roughly 17% below Darlington ($1,900,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Darlington or Waterloo?

Over the past 12 months, Darlington grew +10.1% vs +4.7% in Waterloo, a gap of 5.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Darlington or Waterloo have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Waterloo scores 1062 vs 1042 in Darlington. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Darlington or Waterloo?

Gross rental yield on houses is 3.81% in Waterloo vs 1.78% in Darlington. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.