Waverley is a small community in Tasmania within the Launceston local government area (postcode 7250). With a population of 1,583, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $52K per year, with an average household size of 2.3 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Waverley is $445,000, having dipped slightly 1% over the past year. Units have a median price of $445,000 (+26.4% YoY). The median weekly rent is $237 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $867.
Waverley is served by 1 school, including 1 primary. The average ICSEA score is 870, which is well below the national average of 1,000. Public transport access includes 13 bus stops.
From an investment perspective, Waverley offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($445K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved -1.0% year-on-year.
Waverley is a small community in Tasmania within the Launceston local government area (postcode 7250). With a population of 1,583, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $52K per year, with an average household size of 2.3 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Waverley is $445,000, having dipped slightly 1% over the past year. Units have a median price of $445,000 (+26.4% YoY). The median weekly rent is $237 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $867.
Waverley is served by 1 school, including 1 primary. The average ICSEA score is 870, which is well below the national average of 1,000. Public transport access includes 13 bus stops.
From an investment perspective, Waverley offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($445K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved -1.0% year-on-year.