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About Waterloo

Waterloo is an inner-city suburb of Sydney, New South Wales, Australia. Waterloo is located 4 kilometres south of the Sydney central business district and is part of the local government area of the City of Sydney. Waterloo is historically a working class region. Since early 2000s, the region has undergone some degree of gentrification with a rising business district focusing on technology- oriented firms and the development of more green space such as parks. By 2006, median individual income in Waterloo was slightly higher than the Australian average. The suburb maintains numerous public housing apartments. Waterloo is also a popular suburb to live for Sydney's large Gay and Lesbian population due to its closeness to nearby suburbs of Surry Hills and Darlinghurst. The Waterloo Urban Conservation Area is a residential area of predominantly 19th century terrace and cottage housing. New development and redevelopment in this area is encouraged to be sympathetic to the existing heritage style. South Dowling Street apartments Green Square is a district in the south and east of the suburb including the suburbs of Waterloo and Zetland that is being redeveloped. It involves an urban renewal program which has seen many industrial buildings redeveloped or replaced by new residential and commercial developments. The area adjacent to South Dowling Street contains many high rise apartment buildings with retail space at ground level.