Hmas Waterhen, NSW
incomes +19.0% (5y), listings tightening 4.0% YoY.
About Hmas Waterhen
Located in the North Sydney LGA, Hmas Waterhen sits roughly 3.3 km north-west of central Sydney. The five-year capital-growth rate sits at 5.0%/yr, gross yield around 2.2%, and vacancy at 1.3%. Combined with 6.5% population growth and 19.0% income growth, the suburb earns a 46/100 NextSuburb score.
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)5.0%/yr50/100
- Population growth+6.5% (5y)65/100
- Supply tightening-4.0% YoY70/100
- Rental yield2.2%44/100
- Rental demand1.3% vacancy68/100
- Income growth+19.0% (5y)76/100
- Construction pipelineno nearby pipeline0/100
- Affordabilityabove cap0/100
Why this score
Hmas Waterhen scores 46/100 (Average). The two strongest signals: 19.0% income growth and 1.3% vacancy rate. The standout watch-out: the median is 233% of a typical budget.
- Income growth+19.0% (5y)
- Supply tightening-4.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
- At top of budget (233% of cap)
- Thin gross yield (2.2%)
Nearest infrastructure
Recently completed · $16.8bn · completion 2024
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three NSW suburbs in the same budget band with the closest NextSuburb scores.
See the full NSW rankingAlso consider
Six other NSW suburbs worth a look — three neighbours by postcode, three matched on NextSuburb score.
60-month score history
Backfilled — live history begins May 2026Watch this suburb
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