Wateranga is a rural locality in the North Burnett Region, Queensland, Australia. In the , Wateranga had "no people or a very low population".
The Burnett River forms the western and northern boundaries. This part of the river is also known as Lake Paradise, the impoundment of the river by the Paradise Dam further downstream between Goodnight and Coringa to the north-east.
Scrubby Top is a mountain in the north-west of the locality (), rising to above sea level.
The land use is grazing on native vegetation.
In the , Wateranga had "no people or a very low population".
In the , Wateranga had "no people or a very low population".
There are no schools in Wateranga. The nearest government primary schools are Dallarnil State School in Dallarnil to the east, Biggenden State School in Biggenden to the south-east, and Coalstoun Lakes State School in Coalstoun Lakes to the south. The nearest government secondary schools are Biggenden State School (to Year 10) and Burnett State College (to Year 12) in Gayndah to the south-east. There is also a Catholic primary school in Gayndah.