The size of Waterfall is approximately 2.3 square kilometres. It has 3 parks covering nearly 54.9% of total area. The population of Waterfall in 2011 was 483 people. By 2016 the population was 487 showing a population growth of 0.8% in the area during that time. The predominant age group in Waterfall is 10-19 years. Households in Waterfall are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Waterfall work in a professional occupation. In 2011, 82.8% of the homes in Waterfall were owner-occupied compared with 86.5% in 2016.
Waterfall has 228 properties. Over the last 5 years, Houses in Waterfall have seen a 49.36% increase in median value, while Units have seen a 31.83% increase. As at 30 September 2024:
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