Waterfall Gully at a glance
Median house
$1,295,000
Median unit
$388,800
Walk score
0
Very car dependent
Population
161
Median age 40
The brief
What to know about Waterfall Gully.
The postcode for Waterfall Gully is 5066 (SA), part of Greater Adelaide.
The median house price in Waterfall Gully is $1,295,000.
Waterfall Gully (5066) sits in the Adelaide Hills region of South Australia. The median house here is $1,295,000, well above the South Australia median of around $720K.
Waterfall Gully has roughly 161 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
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Day to day
What it’s like to live here.
Waterfall Gully scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 28°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 448mm. Data comes from the Bureau of Meteorology's Adelaide (Kent Town) station, 11.1km away.
Schooling within or near the suburb covers 7 government primary, 4 government secondary, 5 Catholic, 4 independent.
Who lives here
Demographics.
The 2021 Census put Waterfall Gully's population at 161, with a median age of 40. That sits as a typical family-age mix. Households are predominantly owner-occupied (89% own, 11% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (91% family households, 9% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
161
Median age
40
Family households
91%
Lone person
9%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,295,000 on a typical sale, well above the South Australia median. Units come in around $388,800, roughly 70% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $259,000. Prices sit well above the South Australia median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,295,000
+0.0% over the past year. Median unit price $388,800.
Sales data as of July 2026· sales-sa
Rental and ownership
Weekly rent (house)
$410/wk
Weekly rent (unit)
$468/wk
Owner occupied
89%
Renter occupied
11%
At a deeper level
$1,295,000
$388,800
161
Median age: 40
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For investors
Investment overview.
Gross rental yield on houses sits at 1.65% (median rent $410/wk against a $1,295,000 price tag). Units yield 6.26% gross, often the better cash-flow play for first-time investors. Renter share is modest (11%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: data.sa.gov.au · July 20261.65%
Based on $1,295,000 median
Gross Yield (Unit)
Source: data.sa.gov.au · July 20266.26%
Based on $388,800 median
Annual Growth (House)
Source: data.sa.gov.au · July 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: data.sa.gov.au · July 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202689%
Higher = more owner-occupier demand
Days on Market
Source: data.sa.gov.au · July 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
4
total offences in 2025-26
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of June 2026· State Police Open Data
Getting around
Walkability.
0
0
80
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Waterfall Gully.
Local schools for Waterfall Gully
View the catchment for each school to find out more.
Government School Catchment
Burnside Primary School
Linden Park Primary School
Glen Osmond Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
448 mm
Hottest Month (avg max)
28.0°C
Coldest Month (avg min)
7.0°C
Monthly Rainfall (mm)
Weather data from BOM station Adelaide (Kent Town) (11 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Waterfall Gully.
- What is the median house price in Waterfall Gully?
- The median house price in Waterfall Gully, SA 5066 is $1,295,000. The median unit price is $388,800.
- What is the Waterfall Gully postcode?
- Waterfall Gully is in the 5066 postcode, in SA, in the Adelaide Hills Council region.
- Where is Waterfall Gully?
- Waterfall Gully is a suburb of Adelaide, in SA 5066. It is part of the Greater Adelaide area, in the Adelaide Hills Council region.
- What is the average rent in Waterfall Gully?
- The median weekly rent for houses is $410, for units it's $468.
- What schools are in Waterfall Gully?
- There are 20 schools serving Waterfall Gully on this page, including Seymour College, Burnside Primary School, Linden Park Primary School.
- How walkable is Waterfall Gully?
- Waterfall Gully has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 80.
- What suburbs are near Waterfall Gully?
- Waterfall Gully is close to Leawood Gardens, Mount Osmond, Beaumont, Eagle On The Hill, Cleland.
- What is the population of Waterfall Gully?
- The population of Waterfall Gully is approximately 161 (2021 Census). The median age is 40.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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