Waverley Council

Waverley

NSW2024

Waverley at a glance

Median house

$4,350,000

+0.6% over 12 months

Median unit

$617,760

Weekly rent

$1,775

Houses · units $980

Gross yield

2.1%

Houses, on the median

Population

4,216

Median age 38

Walk score

100

Walker's paradise

Prices: Median of 17 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2024), June 2026 · Population: 2021 Census

Houses change hands at $4,350,000 on a typical sale, well above the NSW median (17 house sales, NSW Valuer General, calendar 2025). Units come in around $617,760, roughly 86% below the house median. The 12-month picture is essentially flat performance (+0.6%), so buyers and sellers are negotiating on roughly the same number.

For buyers

A 20% deposit on the median house works out to roughly $870,000. Prices sit well above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.

See what you can borrow

Market

House prices in Waverley.

Median house price

$4,350,000

+0.6% over the past year. Median unit price $617,760.

Median of 17 house sales · NSW Valuer General · calendar 2025

Rental and ownership

Weekly rent (house)

$1775/wk

Weekly rent (unit)

$980/wk

Owner occupied

52%

Renter occupied

43%

At a deeper level

Median House PriceSource: NSW Valuer General (PSI) · Sept 2026

$4,350,000

+0.6% annual growth

Median Unit PriceSource: NSW Valuer General (PSI) · Sept 2026

$617,760

PopulationSource: ABS Census 2021 · May 2026

4,216

Median age: 38

Rental data as of June 2026· rental-nsw

5-year trajectory

at +0.6%/yr

2021

$4.2M

5-year change

+3%

2026

$4.3M

Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.

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The brief

What to know about Waverley.

Waverley's median house price is $4,350,000 (median of 17 house sales recorded by the NSW Valuer General in calendar 2025).

Postcode 2024 (NSW), Waverley Council, part of Greater Sydney.

Waverley (2024) sits in the Waverley region of NSW. The median house here is $4,350,000, well above the NSW median of around $1.10M. Prices have moved +0.6% over the past year, behind the NSW average (3%).

Waverley has roughly 4,216 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Day-to-day life here is very walkable, with most errands manageable on foot.

Side by side

Compare Waverley with a nearby suburb.

Median, growth, schools, walkability, all in one view.

Day to day

What it’s like to live here.

Waverley scores 100/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.

Summer days here average around 26°C (mild), winter mornings around 8°C (mild). Annual rainfall lands at about 1302mm. Data comes from the Bureau of Meteorology's Sydney (Observatory Hill) station, 32.5km away.

Schooling within or near the suburb covers 7 government primary, 5 Catholic, 7 independent.

Who lives here

Demographics.

The 2021 Census put Waverley's population at 4,216, with a median age of 38. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (52% own, 43% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (62% family households, 31% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Population

4,216

Median age

38

Family households

62%

Lone person

31%

Demographics data as of May 2026· ABS 2021 Census

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For investors

Investment overview.

Gross rental yield on houses sits at 2.12% (median rent $1775/wk against a $4,350,000 price tag). Units yield 8.25% gross, often the better cash-flow play for first-time investors. With 43% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.

Gross Yield (House)

Source: NSW Valuer General (PSI) · Sept 2026

2.12%

Based on $4,350,000 median

Gross Yield (Unit)

Source: NSW Valuer General (PSI) · Sept 2026

8.25%

Based on $617,760 median

Annual Growth (House)

Source: NSW Valuer General (PSI) · Sept 2026

+0.6%

Year-on-year capital growth

Annual Growth (Unit)

Source: NSW Valuer General (PSI) · Sept 2026

–

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021 · May 2026

52%

Higher = more owner-occupier demand

Days on Market

Source: NSW Valuer General (PSI) · Sept 2026

–

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Safety

Crime and safety.

Offence Summary

151

total offences in 2026

Top offence categories

Against justice procedures52 (34.4%)
Theft29 (19.2%)
Assault18 (11.9%)
Drug offences15 (9.9%)
Intimidation, stalking and harassment11 (7.3%)

Crime statistics are reported at LGA level and may cover a broader area than this suburb.

Source: State Police Open Data

Crime data as of January 2026· State Police Open Data

Getting around

Walkability.

Walk Score

100

Transit Score

10

Bike Score

100

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Waverley.

Local schools for Waverley

View the catchment for each school to find out more.

Government School Catchment

Waverley Public School

K-6CoEdGovernment
View Catchment

Bronte Public School

K-6CoEdGovernment
View Catchment

Clovelly Public School

K-6CoEdGovernment
View Catchment

© ACARA, licensed under CC BY 4.0.

Climate

Weather year-round.

Annual Rainfall

1302 mm

Hottest Month (avg max)

26.2°C

Coldest Month (avg min)

8.4°C

Monthly Rainfall (mm)

J
F
M
A
M
J
J
A
S
O
N
D

Weather data from BOM station Sydney (Observatory Hill) (33 km away)

Climate data as of May 2026· Bureau of Meteorology

Frequently asked

About Waverley.

What is the median house price in Waverley?
The median house price in Waverley, NSW 2024 is $4,350,000 (median of 17 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $617,760. Annual growth is +0.6%.
How much is my house worth in Waverley?
A useful starting point is the Waverley median house price of $4,350,000 (units $617,760). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
Is Waverley a good investment?
On the published figures, the gross rental yield on houses in Waverley is 2.1%: the median weekly house rent is $1,775 (NSW rental bond data (postcode 2024), June 2026) against the median house price of $4,350,000 (NSW Valuer General, calendar 2025). The median house price rose 0.6% over 12 months on the same NSW Valuer General figures. Whether Waverley is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
What is the Waverley postcode?
Waverley is in the 2024 postcode, in NSW, in the Waverley Council region.
Where is Waverley?
Waverley is a suburb of Sydney, in NSW 2024. It is part of the Greater Sydney area, in the Waverley Council region.
What is the average rent in Waverley?
The median weekly rent for houses is $1775, for units it's $980.
What schools are in Waverley?
There are 20 schools serving Waverley on this page, including St Clare's College, St Charles' Catholic Primary School Waverley, Waverley College.
How walkable is Waverley?
Waverley has a Walk Score of 100 out of 100, very walkable. transit score 10, bike score 100.
What suburbs are near Waverley?
Waverley is close to Charing Cross, Queens Park, Bronte, Bondi, Bondi Junction.
What is the population of Waverley?
The population of Waverley is approximately 4,216 (2021 Census). The median age is 38.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

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