Waterloo is a rural locality in the local government area (LGA) of Huon Valley in the South-east LGA region of Tasmania.

The locality is about 28 kilometres (17 mi) south-west of the town of Huonville.

The 2016 census recorded a population of 92 for the state suburb of Waterloo.

[2] The waters of the Huon River estuary form the north-eastern boundary.

[3] Route A6 (Huon Highway) runs through from north-west to north-east.