Waverton (postcode 2060) is a smaller suburb in New South Wales within the North Sydney local government area. It is home to about 2,981 residents, with an established family demographic and a median age of 39. Households earn a median income of $150K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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, Chinese.
Waverton has a median house price of $4.9 million, which has jumped by 17.1% year-on-year. Units have a median price of $1.4 million (-14.1% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $3,053.
Waverton is served by 1 school, including 1 primary. The average ICSEA score is 1144, which is well above the national average of 1,000. Public transport access includes 1 rail station, 5 bus stops. The crime rate in the North Sydney LGA is low at 1,752 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 0.9% (low yield). Property prices are above the state median ($4.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 32.4x is considered stretched. House prices have moved +17.1% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.