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Waverley Council, NSW

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Waverley Council is a local government area located in Sydney’s eastern suburbs in the Australian state of New South Wales. The LGA is located close to the CBD, which offers many opportunities for employment and entertainment. The Waverley property market is affluent and highly sought-after.

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Property values in Waverley are on the rise, but there is a lot of uncertainty in the market as to whether this growth will continue. There is a lot of demand for properties in the area, but this is tempered by a limited supply of available stock.

The market is especially popular with investors, who are drawn to the area’s strong rental yields from units and potential for capital growth. First home buyers are also active in the market, although they often face competition from investors. The market is generally quite competitive, with buyers often having to compete for properties. This has led to an increase in property prices in recent years as properties in this area often have a long waiting list for potential buyers.

Properties in the area generally command high prices and rentals are also high. The area is popular with families and those who enjoy a suburban lifestyle with all the conveniences and amenities of a city close by.

Professionals account for 38.9 % of employment in Waverley, followed by managers at 19.7 %, clerical and administrative workers at 10.4 %, community and personal service workers at 8.7 %, and sales workers at 7.9 %. Waverley’s typical weekly personal income for residents aged 15 years and older is $1,151.

In Waverley, 16.5 % of occupied private residences are detached houses, 19.0 % are semi-detached, row or terrace houses, townhouses, or other buildings, 62.6 % are flats or apartments, and 1.4 % are other dwellings.

The Waverley market is expected to continue to grow in the coming years, although there is some uncertainty about how this will play out. Discover the likely trends for sale and rental prices via the interactive dashboard below.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
No Price Data
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No Rent Data
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Waverley Council, NSW

What other property markets are there near Waverley Council, NSW?

Waverley Council is surrounded by 2 other council areas – Woollahra, Randwick.

2 thoughts on “Waverley Council, NSW”

  1. Are you a real estate professional with an extensive knowledge of the Waverley Council property market? Our members would love to hear from you! What is the market outlook for Waverley LGA from your point of view? Share your insights in a comment below.

  2. It is interesting that the Vaucluse market shows it will experience capital growth however the rental market or the median rent seems to be in a dramatic decline. I am guessing due to the low demand for high-value rental properties. As an investment, I guess the area will experience capital growth so it is a decent investment area however a word of caution – investors should assess how much negatively geared they will be since the rents will not have the same capacity to cover investment expenses (mortgage, repairs, vacancy rates). This means that one’s capability to maintain the investment will be reduced due to reduced cash flow coming front rents. Those who can sustain an investment in such a market should look at the cost/benefit analysis and see if their money can work harder for them in other areas.

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