Queens Park vs Waverley.
Comparing two suburbs with median house prices of $3,686,000 and $4,350,000.
Queens Park (median $3,686,000) is roughly 15% cheaper to buy into than Waverley ($4,350,000). Over the past year, Waverley (+0.6%) ran 18.7 percentage points ahead of Queens Park (-18.1%) on house-price growth.
Queens Park skews owner-occupied (69%), Waverley runs more rental-dense (52% owner).
For buyers
Queens Park is the lower entry point at $3,686,000 median, 15% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Queens Park delivers the better gross yield (2.39% vs 2.12%), but Waverley has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Queens Park or Waverley cheaper to buy in?
Queens Park has the lower median house price at $3,686,000, roughly 15% below Waverley ($4,350,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Queens Park or Waverley?
Over the past 12 months, Waverley grew +0.6% vs -18.1% in Queens Park, a gap of 18.7 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which suburb has higher rental yield, Queens Park or Waverley?
Gross rental yield on houses is 2.39% in Queens Park vs 2.12% in Waverley. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Queens Park against another suburb