True Cost of Buying in Waverley

Market Intelligence

Waverley, NSW, is a highly sought-after suburb, boasting a unique blend of lifestyle, market position, and investment outlook. With a median house price of $2,850,000 and a median unit price of $1,450,000, Waverley is positioned as a premium market, attracting high-income earners with a median income of $95,000. The suburb's high walkability score of 82.0/100 and excellent schools rating of 8.0/10 make it an ideal location for families and professionals alike. The safety rating of 8.0/10 and proximity to the CBD, just 7.0 km away, further enhance its appeal. In terms of investment, Waverley presents a compelling opportunity, with an investment score of 78.0/100 and growth potential of 75.0/100. The rental yield for houses is 2.8%, and the vacancy rate is a low 1.8%, indicating a strong demand for rentals. Overall, Waverley's unique combination of lifestyle, market position, and investment outlook makes it an attractive proposition for homeowners, investors, and renters. The suburb's desirability is expected to continue, driven by its strong fundamentals, including high-quality schools, safety, and proximity to employment and entertainment hubs. As such, Waverley is poised to remain a premier suburb in the NSW market, with ongoing demand and potential for long-term capital growth.