8.2 out of 10

Waterloo

Ranked 242nd best suburb in Sydney (Greater)
-33.8993659056922 151.206658988115
Great for
  • Public Transport
  • Schools
  • Internet Access
  • Parks & Recreation
  • Resale or Rental Value
Not great for
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Who lives here?
  • Professionals
  • Singles
  • Families with kids
  • Gay & Lesbian
  • Students

Reviews

5/5 rating details
  • Neighbourly Spirit 5/5
  • Safe & Sound 5/5
  • Eating Out 5/5
  • Parks & Recreation 5/5
  • Public Transport 5/5
  • Schools 5/5
Oct 20, 2017

"Great inner city neighbourhood"

Waterloo is a true inner city Sydney suburb. If you look at a map of Sydney, Waterloo is one of a pretty limited group of suburbs which is walking distance to the CBD. Its probably the last of those inner ring suburbs left in the city to undergo the significant gentrification that has already spread from places like Paddington and Darlinghurst twenty to thirty years ago, through Newtown, Chippendale, Surry Hills, then Redfern and Alexandria in the last 5 to 15 years. You can almost feel it and watch it in real time seeping next into Waterloo. If you walk a few streets up to Redfern and Surry Hills apartments are anywhere from 25% to 45% more expensive. So its a good opportunity to have the same lifestyle you get in those areas but at prices you could have bought in those suburbs for several years back.

One thing I would say is that it kind of depends which part of Waterloo you're in. The area west of Bourke St up to Waterloo oval around Elizabeth and George streets and going into neighbouring Alexandria is zoned no more than 5 or so stories so the buildings are low rise and are sort of the height of the trees around them; the bit to the east of Bourke St (which is really part of Zetland IMO) and within Green Square is zoned much higher density (we're talking 20+ stories in some cases) which can be a bit impersonal and noisy due to having too many neighbours. Depends on what you prefer, but looking for the lower density parts around Waterloo oval also further north up towards Redfern Park is probably the go as it feels more like a community and is actually closer to public transport as well.

The suburb has social and affordable housing mainly around its northern half near the border with Redfern, which turns some people off it, but really what most people end up buying or renting isn't all that near the social housing area itself. I've lived over the years in Surry Hills as well as Redfern and Waterloo, and there's been no difference between them in my experience in terms of the influence of the social housing. I've never had any problem, and I actually like having it around because it keeps the suburb diverse, interesting and place for all people, not just a bland homogeneous grouping of white collar types. There's also going to be a lot of money spent over the next decade or so redeveloping a lot of the social and affordable housing stock and encouraging more of a mixture of private and public housing.

The suburb has a tailwind of billions of dollars in infrastructure investment continuing for the foreseeable future including at green square, the public housing improvements, and a new metro stop adding to the already good connections the suburb has. Its close to heaps of parks, already has great restaurants/cafe's/bars with more opening all the time, and is close to the eastern beaches and all the cool stuff the inner west and inner east has to offer. Its one train stop to the city which takes like 5 mins if you don't feel like walking to work or riding your bike. All in all I reckon its a bit of a no brainer as long as you pick the spot well.
Recommended for
  • Families with kids
5/5 rating details
  • Neighbourly Spirit 5/5
  • Safe & Sound 5/5
  • Clean & Green 5/5
  • Eating Out 5/5
  • Parks & Recreation 5/5
  • Public Transport 5/5
  • Schools 5/5
Sep 04, 2017

"Rapidly gentrifying inner-city suburb with one of the most central locations in Sydney"

Living here for just under five years, my experience is that apart from the odd but harmless individual here and there, Waterloo is probably the most centrally located suburb that is currently undergoing gentrification already seen in neighbouring suburbs and is likely to soon explode in demand (my own opinion) due to it's relative affordability for its location.

Just look at the location on Google Maps and you'll realise why - 3km south of Town Hall means you're surrounded by everything of importance in Sydney, such as the CBD and other major employment hubs, prestigious universities (Usyd, UNSW, UTS), train stations (Redfern, Green Square stations, and future Waterloo Metro), frequent buses, airport/s, motorways (M1/M5/Future Westconnex/M4-M5 Link), local parks and parklands, beaches, and walking distance to suburbs with great existing restaurant/cafe/bar scenes (Newtown, Redfern, Surry Hills, etc.).

Expect huge changes in this suburb's infrastructure/transport and services/amenity offerings within the next 5-10 years as it and Green Square are literally the last pieces of large-scale developable land (excluding Centennial Parklands) within comfortable walking/cycling distance to Sydney CBD.
Recommended for
  • Professionals
  • Singles
  • Families with kids
3/5 rating details
  • Neighbourly Spirit 3/5
  • Safe & Sound 2/5
  • Clean & Green 2/5
  • Pest Free 2/5
  • Peace & Quiet 3/5
  • Eating Out 5/5
  • Nightlife 4/5
  • Shopping Options 5/5
  • Gym & Fitness 3/5
  • Internet Access 2/5
  • Lack of Traffic 3/5
  • Parking 2/5
  • Cost of Living 2/5
  • Resale or Rental Value 2/5
  • Public Transport 4/5
  • Medical Facilities 3/5
  • Schools 1/5
  • Childcare 1/5
Mar 21, 2017

"Over rated but close to CBD"

A lot of public housing there and a large Aboriginal community as well as mainly outspoken gay men. lesbian women keep that information to themselves.s for government housing disappearing from Waterloo- It is not true. Only part of it. It is the only suburb in Sydney where I have been physically by neighbour. I see needles a lot as well but not on Danks street. Expensive shoppping area.Not my thing but good for others.
Pros
  • Gay beats
  • close to city
  • walking distance to coles and other specialties store
  • Close to beautiful parks & very quiet, yet convenient
  • Close to Excellent Universities & Schools
Cons
  • Near government housings
  • many insects
Recommended for
  • Tourists
  • Gay & Lesbian
  • Students
  • Trendy & Stylish
5/5 rating details
  • Neighbourly Spirit 5/5
  • Safe & Sound 4/5
  • Clean & Green 5/5
  • Pest Free 5/5
  • Peace & Quiet 5/5
  • Eating Out 5/5
  • Nightlife 3/5
  • Parks & Recreation 5/5
  • Shopping Options 5/5
  • Gym & Fitness 4/5
  • Internet Access 5/5
  • Lack of Traffic 3/5
  • Parking 4/5
  • Cost of Living 4/5
  • Resale or Rental Value 5/5
  • Public Transport 5/5
  • Medical Facilities 4/5
  • Schools 5/5
  • Childcare 4/5
Oct 29, 2016

"Great neighbourhood"

Love living in the leafy quiet Cope Street, friendly neighbourhood, great local John Smith Specialty Cafe, walk to parkland, so close to CBD. Easy walk to either Redfern or Green Square Stations. High frequency Metro Bus M20 runs every 10 mins connecting us to North Sydney & CBD means no need for timetables. The new 2.4km cycleway connecting Green Square to Central, linking Waterloo has added another benefit to local residents. My neighbour sends his kids to the local Alexandria Park Community School which is K-12 and partially selective, is only 10mins walk away. Oh, btw my dog loves running around local Alexandria Park which is off leash area at all times.
Pros
  • close to city
  • great transportation
  • walking distance to coles and other specialties store
  • Close to beautiful parks & very quiet, yet convenient
  • Close to Excellent Universities & Schools
Cons
  • Not a problem at all
Recommended for
  • Professionals
  • Singles
  • Families with kids
  • Retirees
  • Gay & Lesbian
  • Hipsters
  • Trendy & Stylish
SC3 SC3
2/5 rating details
  • Neighbourly Spirit 3/5
  • Safe & Sound 3/5
  • Clean & Green 4/5
  • Pest Free 5/5
  • Peace & Quiet 1/5
  • Eating Out 5/5
  • Nightlife 2/5
  • Parks & Recreation 5/5
  • Shopping Options 4/5
  • Gym & Fitness 5/5
  • Internet Access 5/5
  • Lack of Traffic 1/5
  • Parking 5/5
  • Cost of Living 4/5
  • Resale or Rental Value 3/5
  • Public Transport 4/5
  • Medical Facilities 1/5
  • Schools 2/5
  • Childcare 3/5
Mar 03, 2016

"personal experience"

Waterloo is a great area but AVOID MERITON APARMENTS AT ALL COST!
I own one of the apartments on 6 LACHLAN St ( Cameo Building) since 2008 , it was quiet when all neighbours were owner occupiers. Now my unit is a hellhole!! renter next door hang speakers on adjoining walls and blast heavy bass music for at least 5- 8 hours 7 days a week since MARCH 2015, been complaining to building manager for one year now, and guess what, after issuing several breach of bylaw letters, the renters still cranked it up whenever they want and enjoys shaking our whole living room! ( we are thankful they only doing it three times a week now) BTW , the strata cost is 1700 dollars per quarter for a poorly managed two bed-room apt.
Pros
  • close to city
Cons
  • neighbourhood noise is terrible
Recommended for
  • Professionals
  • Gay & Lesbian
  • Students
5/5 rating details
  • Neighbourly Spirit 5/5
  • Safe & Sound 5/5
  • Clean & Green 5/5
  • Pest Free 5/5
  • Peace & Quiet 5/5
  • Eating Out 5/5
  • Nightlife 5/5
  • Parks & Recreation 5/5
  • Shopping Options 5/5
  • Gym & Fitness 5/5
  • Internet Access 5/5
  • Lack of Traffic 4/5
  • Parking 5/5
  • Cost of Living 5/5
  • Resale or Rental Value 5/5
  • Public Transport 5/5
  • Medical Facilities 5/5
  • Schools 5/5
  • Childcare 5/5
2yrs+

"FABULOUS location: Close to: City, Excellent Schools, Restaurants, Bars, Beaches, Shopping & Airport"

I have lived in Waterloo for 20 years and watched a wonderful gentrification, as many highly educated and superbly creative individuals and couples have moved in, to delight in this very popular suburb.
The NSW State Government as well as City of Sydney Council are pouring billions of dollars into Infrastructure in Waterloo, including an underground rapid rail station, a civic centre, olympic pool, library and very luxurious, high class, exceptionally gorgeous, multi-story developments. There are beautiful parks and waterways within and in close proximity to Waterloo. It is certainly a place of creative excellence and multiple interests, as well as very peaceful.
Pros
  • Close to Excellent Universities & Schools
  • Close to beautiful parks & very quiet, yet convenient
  • Short drive or bus ride to beaches, minutes to the City, Newrown & Surry Hills
  • close to city
  • great transportation
  • walking distance to coles and other specialties store
Cons
  • The Government is gradually selling off all government housing
  • Within 5 years government housing will not be in Waterloo
  • Not a problem at all
Recommended for
  • Professionals
  • Singles
  • Families with kids
  • Retirees
  • Tourists
  • Gay & Lesbian
  • Hipsters
  • Students
  • Trendy & Stylish
  • Beach Lovers
Marina molly
Marina molly sounds like real estate revue here
Mar 21, 2017
Add a comment...
2/5 rating details
  • Neighbourly Spirit 1/5
  • Peace & Quiet 1/5
  • Lack of Traffic 1/5
  • Parking 1/5
2yrs+

"Noise isn't worth it"

Waterloo must vary judging from the other reviews. We live in a unit near Lachlan St and the noise is terrible. The huge unit blocks echo and there is ALWAYS someone having a party at night, almost any night of the week. We're regularly kept up until 4am on weekends. It's worse than being in university. The traffic is really loud on Lachlan St as well with construction trucks in the early morning and hoon cars at night. It's also really hard to get anywhere via bus on weekends since the traffic is blocked up.

Otherwise it's quite a handy location with some good restaurants and a very nice walk to Surry Hills. I'd just be careful where you live in Waterloo, because it can be really really noisy. I have no doubt some people enjoy it but my area has been pretty terrible for us since we work 9-5.
Pros
  • close to city
Cons
  • Near government housings
Recommended for
  • Singles
  • Gay & Lesbian
  • Students
Mat145
Mat145 Hi,
It must just be your building sound proofing... 11a Lachlan St is great. Can't hear a thing.
2yrs+
KayEm
KayEm Must do. We're at 2 Lachlan - one side of the apartment faces the courtyard w/the cafe and restaurants, the other side faces Lachlan St. I've heard further up Lachlan is fine - lucky! :)
2yrs+
Mat145
Mat145 Ask your neighbours what their experience is like. If they say they have no noise problems you should speak with your strata company if you are an owner or your real estate/landlord of you are renting as the sound proofing might need to be fixed.
2yrs+
KayEm
KayEm Oh I can hear my neighbors sneeze, so the whole building is built with very thin walls. Just renting - we have whole walls of glass so probably not much that can get done. I'll talk to the real estate though - thanks so much for the feedback. Good to know.
2yrs+
AlanZ
AlanZ we live on the same side of the building as the person at number 2 lachlan (except we are at number 4) the air conditioning at Toyota is horrendous and goes 365 days a year. Also there is a loud high pitched whirring from machinery that goes 24/7. We hear no traffic but the rest of the noise means no doors or windows open most of the time
2yrs+
Add a comment...
5/5 rating details
  • Neighbourly Spirit 3/5
  • Safe & Sound 4/5
  • Clean & Green 3/5
  • Pest Free 4/5
  • Peace & Quiet 4/5
  • Eating Out 5/5
  • Nightlife 4/5
  • Parks & Recreation 5/5
  • Shopping Options 5/5
  • Gym & Fitness 5/5
  • Internet Access 5/5
  • Lack of Traffic 3/5
  • Parking 4/5
  • Cost of Living 4/5
  • Resale or Rental Value 5/5
  • Public Transport 5/5
  • Medical Facilities 5/5
  • Schools 5/5
  • Childcare 5/5
2yrs+

"Everything is on your doorstep...."

Waterloo is so convenient to the city and airport whilst offering lots of great local amenities. Excellent restaurants and cafes, close to nearby suburbs like Surry Hills, lots of parks, supermarkets, speciality shops etc. A taste of the inner city lifestyle without the price tag of many similar suburbs.
Pros
  • close to city
  • great transportation
  • walking distance to coles and other specialties store
Recommended for
  • Professionals
  • Singles
  • Families with kids
  • Retirees
  • Tourists
  • Gay & Lesbian
  • Hipsters
  • Students
  • Trendy & Stylish
5/5 rating details
  • Neighbourly Spirit 5/5
  • Safe & Sound 5/5
  • Clean & Green 5/5
  • Pest Free 5/5
  • Peace & Quiet 4/5
  • Eating Out 5/5
  • Nightlife 4/5
  • Parks & Recreation 5/5
  • Shopping Options 5/5
  • Gym & Fitness 3/5
  • Internet Access 2/5
  • Lack of Traffic 3/5
  • Parking 4/5
  • Cost of Living 4/5
  • Resale or Rental Value 5/5
  • Public Transport 5/5
  • Medical Facilities 5/5
  • Schools 5/5
  • Childcare 5/5
2yrs+

"Close to the city but far enough so its nice and quiet."

I've been living in Waterloo for 3 years now and I love it!

There are so many developments going on that it can only mean it will get better. Great investment for first home owners.

It's close to the city, public transport is great with Green Square station a short walk away. Buses to almost anywhere you could want to go.
Pros
  • close to city
  • great transportation
  • walking distance to coles and other specialties store
Cons
  • Near government housings
Recommended for
  • Professionals
  • Singles
  • Gay & Lesbian
  • Hipsters
  • Students
  • Trendy & Stylish
  • Beach Lovers
5/5 rating details
  • Neighbourly Spirit 5/5
  • Safe & Sound 4/5
  • Clean & Green 5/5
  • Pest Free 4/5
  • Peace & Quiet 4/5
  • Eating Out 5/5
  • Nightlife 4/5
  • Parks & Recreation 5/5
  • Shopping Options 5/5
  • Gym & Fitness 5/5
  • Internet Access 5/5
  • Lack of Traffic 4/5
  • Cost of Living 5/5
  • Resale or Rental Value 5/5
  • Public Transport 5/5
  • Medical Facilities 5/5
  • Schools 5/5
  • Childcare 5/5
2yrs+

"Up and Coming"

Waterloo is one of the last, if not the last affordable areas to buy property within walking distance to the city. I doubt this will stay true for very long as recent times have seen vast improvements in the area. This includes cafe and eating areas like famous Danks St and new conveniences like the new Coles Supermarket that has just opened up. It is also close to parks like the newly redeveloped Redfern Park and also near by Moore Park. And with the developments at Green Square, property prices here are exected to be on the increase. I have found Waterloo to be a fantastic place to live. Lively, yet safe and so close to the city.
Recommended for
  • Professionals
  • Singles
  • Families with kids
Marina molly
Marina molly 1.7 million for a run down terrace -2017.Last sale here
Mar 21, 2017
Add a comment...
5/5 rating details
  • Neighbourly Spirit 5/5
  • Safe & Sound 4/5
  • Clean & Green 5/5
  • Pest Free 5/5
  • Peace & Quiet 4/5
  • Eating Out 5/5
  • Nightlife 3/5
  • Parks & Recreation 5/5
  • Shopping Options 4/5
  • Gym & Fitness 3/5
  • Internet Access 5/5
  • Lack of Traffic 3/5
  • Parking 3/5
  • Cost of Living 3/5
  • Resale or Rental Value 4/5
  • Public Transport 5/5
  • Medical Facilities 5/5
  • Schools 4/5
  • Childcare 3/5
2yrs+

"Bourke St"

Lived in waterloo for 7 years, I have watch this suburb booming. In recent years, they have added: coles, 2 medical centres, 2 pharmacies, lots of take aways, 2 Asian supermarkets. Great transportation with metro buses and bicycle lanes going to city. ALDI coming soon on dank st. Lots and lots of famous cafe: sonoma and bourke st bakery. Good vibe.
Pros
  • walking distance to coles and other specialties store
  • close to city
  • great transportation
Cons
  • Near government housings
Recommended for
  • Professionals
  • Singles
  • Gay & Lesbian
  • Students
  • Trendy & Stylish
5/5 rating details
  • Neighbourly Spirit 4/5
  • Safe & Sound 4/5
  • Clean & Green 5/5
  • Pest Free 2/5
  • Peace & Quiet 4/5
  • Eating Out 4/5
  • Nightlife 3/5
  • Parks & Recreation 4/5
  • Shopping Options 5/5
  • Gym & Fitness 5/5
  • Internet Access 3/5
  • Lack of Traffic 4/5
  • Cost of Living 2/5
  • Resale or Rental Value 5/5
  • Public Transport 3/5
  • Medical Facilities 4/5
  • Schools 4/5
  • Childcare 4/5
2yrs+
Recommended for
  • Singles
3/5
2yrs+
Recommended for
  • Professionals

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