Suburb comparison
Redfern vs Waterloo — which Sydney suburb suits you?
The key differences: Redfern commands a $228K premium on median property price over Waterloo; Redfern is $261/wk cheaper per week to rent; Waterloo has more schools within the postcode. The table below covers all available metrics.
Last refreshed April 2026 (most cards). Per-card sources show exact dates.
City of Sydney
Redfern
2016
City of Sydney
Waterloo
2017
Choose Redfern if...
- You are renting first and want lower weekly outgoings
- Redfern leads on 3 of the 5 head-to-head metrics
Choose Waterloo if...
- You want a lower entry price for a house
- School options within walking distance matter
Common questions
- Is Redfern or Waterloo more expensive?
- Redfern has the higher median house price ($1.91M) compared with $1.68M in Waterloo.
- Which is better for renters — Redfern or Waterloo?
- Median weekly rent is $789/wk in Redfern and $1050/wk in Waterloo, making Redfern the more affordable rental market.
- Is Redfern or Waterloo at higher flood risk?
- Flood mapping coverage varies by postcode — see the flood risk pages for both suburbs for authoritative NSW data.
- How many schools are in Redfern vs Waterloo?
- Redfern has 0 schools in the postcode, and Waterloo has 2. Note that school catchments can extend across postcode boundaries.
Full suburb profiles