The size of Waeel is approximately 251.0 square kilometres. The population of Waeel in 2016 was 161 people. By 2021 the population was 51 showing a population decline of 68.3% in the area during that time. The predominant age group in Waeel is 40-49 years. Households in Waeel are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Waeel work in a managers occupation.In 2021, 47.40% of the homes in Waeel were owner-occupied compared with 100.00% in 2016.
Waeel has 112 properties. Over the last 5 years, Houses in Waeel have seen a 45.62% increase in median value. As at 30 November 2025:
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