Waterview Heights at a glance
Median house
$750,000
-2.3% over 12 months
Median unit
$205,920
Weekly rent
$520
Houses · units $415
Gross yield
3.6%
Houses, on the median
Population
1,364
Median age 49
Walk score
0
Very car dependent
Prices: Median of 17 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2460), June 2026 · Population: 2021 Census
Houses change hands at $750,000 on a typical sale, below the NSW median (17 house sales, NSW Valuer General, calendar 2025). Units come in around $205,920, roughly 73% below the house median. The 12-month picture shows a softening market (-2.3%), giving buyers more room to negotiate.
For buyers
A 20% deposit on the median house works out to roughly $150,000. Prices are below the NSW median, which keeps Waterview Heights on the radar for first-home buyers and right-sizers.
For sellers
With 12-month growth at -2.3%, pricing should anchor to the most recent six months of comparables, not last year's peak.
Market
House prices in Waterview Heights.
Median house price
$750,000
-2.3% over the past year. Median unit price $205,920.
Median of 17 house sales · NSW Valuer General · calendar 2025
Rental and ownership
Weekly rent (house)
$520/wk
Weekly rent (unit)
$415/wk
Owner occupied
93%
Renter occupied
6%
At a deeper level
$750,000
-2.3% annual growth
$205,920
1,364
Median age: 49
Rental data as of June 2026· rental-nsw
5-year trajectory
at -2.3%/yr
2021
$843K
5-year change
-11%
2026
$750K
Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.
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The brief
What to know about Waterview Heights.
Waterview Heights's median house price is $750,000 (median of 17 house sales recorded by the NSW Valuer General in calendar 2025).
Postcode 2460 (NSW), Richmond Valley Council.
Waterview Heights (2460) sits in the Richmond Valley region of NSW. The median house here is $750,000, below the NSW median of around $1.10M. Prices have moved -2.3% over the past year, well behind the NSW average (3%).
Waterview Heights has roughly 1,364 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Waterview Heights 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.
Schooling within or near the suburb covers 4 government primary, 2 government secondary, 2 Catholic.
Who lives here
Demographics.
The 2021 Census put Waterview Heights's population at 1,364, with a median age of 49. That sits as an established, older skew. Households are predominantly owner-occupied (93% own, 6% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (84% family households, 13% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
1,364
Median age
49
Family households
84%
Lone person
13%
Demographics data as of May 2026· ABS 2021 Census
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For investors
Investment overview.
Gross rental yield on houses sits at 3.61% (median rent $520/wk against a $750,000 price tag). Units yield 10.48% gross, often the better cash-flow play for first-time investors. Renter share is modest (6%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: NSW Valuer General (PSI) · Sept 20263.61%
Based on $750,000 median
Gross Yield (Unit)
Source: NSW Valuer General (PSI) · Sept 202610.48%
Based on $205,920 median
Annual Growth (House)
Source: NSW Valuer General (PSI) · Sept 2026-2.3%
Year-on-year capital growth
Annual Growth (Unit)
Source: NSW Valuer General (PSI) · Sept 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202693%
Higher = more owner-occupier demand
Days on Market
Source: NSW Valuer General (PSI) · Sept 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.
45
total offences in 2026
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 January 2026· State Police Open Data
Getting around
Walkability.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Waterview Heights.
Local schools for Waterview Heights
View the catchment for each school to find out more.
Government School Catchment
South Grafton High School
Grafton High School
Grafton Public School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Waterview Heights.
- What is the median house price in Waterview Heights?
- The median house price in Waterview Heights, NSW 2460 is $750,000 (median of 17 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $205,920. Annual growth is -2.3%.
- How much is my house worth in Waterview Heights?
- A useful starting point is the Waterview Heights median house price of $750,000 (units $205,920). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Waterview Heights a good investment?
- On the published figures, the gross rental yield on houses in Waterview Heights is 3.6%: the median weekly house rent is $520 (NSW rental bond data (postcode 2460), June 2026) against the median house price of $750,000 (NSW Valuer General, calendar 2025). The median house price fell 2.3% over 12 months on the same NSW Valuer General figures. Whether Waterview Heights is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Waterview Heights postcode?
- Waterview Heights is in the 2460 postcode, in NSW, in the Richmond Valley Council region.
- Where is Waterview Heights?
- Waterview Heights is a regional suburb in NSW, postcode 2460, in the Richmond Valley Council region.
- What is the average rent in Waterview Heights?
- The median weekly rent for houses is $520, for units it's $415.
- What schools are in Waterview Heights?
- There are 8 schools serving Waterview Heights on this page, including South Grafton High School, Grafton High School, Grafton Public School.
- How walkable is Waterview Heights?
- Waterview Heights has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Waterview Heights?
- Waterview Heights is close to Rushforth, Eatonsville, Southampton, Waterview, Carrs Island.
- What is the population of Waterview Heights?
- The population of Waterview Heights is approximately 1,364 (2021 Census). The median age is 49.
Waterview Heights
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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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