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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Irish.
Waverley has a median house price of $4.3 million, which has risen by 4.1% year-on-year. Units have a median price of $1.4 million (-13.2% YoY). The current median weekly rent is $1050. This gives a gross rental yield of approximately 1.3%. 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 3,096 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.3% (low yield). Property prices are above the state median ($4.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.6x is considered stretched. House prices have moved +4.1% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.