Waverley is a smaller suburb in New South Wales within the Waverley local government area (postcode 2024). With a population of 4,216, the suburb has an established demographic with a median age of 38. Households earn a median income of $149K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Waverley is $3.5 million, having dropped significantly 12.8% over the past year. Units have a median price of $440,000 (-70.4% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,731.
Waverley is served by 6 schools, including 3 primary, 1 secondary, 2 combined. The average ICSEA score is 1146, which is well above the national average of 1,000. Public transport access includes 17 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Waverley offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.4x is considered stretched. House prices have moved -12.8% year-on-year.
Waverley is a smaller suburb in New South Wales within the Waverley local government area (postcode 2024). With a population of 4,216, the suburb has an established demographic with a median age of 38. Households earn a median income of $149K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Waverley is $3.5 million, having dropped significantly 12.8% over the past year. Units have a median price of $440,000 (-70.4% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,731.
Waverley is served by 6 schools, including 3 primary, 1 secondary, 2 combined. The average ICSEA score is 1146, which is well above the national average of 1,000. Public transport access includes 17 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Waverley offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.4x is considered stretched. House prices have moved -12.8% year-on-year.