The size of Waeel is approximately 251 square kilometres. The population of Waeel in 2011 was 1,042 people. By 2016 the population was 144 showing a population decline of 86.2% in the area during that time. The predominant age group in Waeel is 10-19 years. Households in Waeel are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Waeel work in a managers occupation. In 2011, 64.1% of the homes in Waeel were owner-occupied compared with 100% in 2016..
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