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Waverley, NSW 2024

Home » NSW Real Estate Data » Waverley Council, NSW » Waverley, NSW 2024

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Waverley, NSW 2024 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to 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
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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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0 thoughts on “Waverley, NSW 2024”

  1. The total adult population (15 years or older) of Waverley 2024 NSW is 3,486, with a median age of 38. Of those, 35.92% are married, 11.65% are divorced or separated, 45.90% are single and 6.43% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $15,396. The median monthly mortgage repayment for households in this suburb is $3,731 which is 24.23% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in NSW, the suburb of Waverley 2024 is currently home to an estimated 2,262 households. As we move into the third quarter of 2023, extensive real estate data provides a revealing insight into the local property market, particularly in relation to houses.

    The typical property price for houses in Waverley stands at a significant $3,450,564, with the median weekly rent recorded at $1,438. An indicative yield of 2.17% can be drawn from these figures, suggesting a lower return for cashflow-centred property investors, as this barely meets the minimum attractive market requirement of 3%.

    Further insight is provided by the socio-economic score or IRSAD, with Waverley scoring an impressive 1,161 out of 1,217. This high score indicates superior access to economic resources and incomes among the residents of the suburb.

    Despite a relatively high renter to owner ratio of 43% which may cause some concern to potential investors due to the higher competition and potential risk. The units to houses ratio rest at a balanced 50% suggesting a fair diversity in property types within this market.

    However, the affordability index for houses in Waverley seems daunting with an estimate of 88 years required to fully own a property, indicating an exclusive and less affordable property market.

    Looking at the supply metrics, the stock on market percentage for houses is rather low at 0.11%, suggesting a favourable low supply market. This is further underscored by an inventory level for houses of just 0.55 months further indicating a low supply market.

    With building approvals Ratio for houses standing at 0.0%, new supply entering the market is non-existent, which may drive prices up further. This is reinforced by a very efficiently performing market with houses selling within just 11 days on the market, indicating notably high buyers demand.

    The combined vacancy rate for houses and units in the area is 1.77%, suggesting a balance between demand and supply. Further reinforcing this viewpoint is the buy search index standing reliably at 5, on par with the state or city average, reflecting an average public interest in property purchasing in the area.

    Despite some low yield and affordability challenges, Waverley’s strong socio-economic profile and balanced supply and demand metrics demonstrate that area continues to hold substantial appeal to a variety of property investors and buyers. Care should always be taken to follow market trends and invest intelligently, utilising comprehensive tools such as the HtAG Analytics RCS metric for optimal outcomes.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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