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Waverley, TAS 7250
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$505,000
market range $450K-$575K
Median Unit
$430,000
Gross Yield (houses)
5.0%
1yr Growth (houses)
+17.9%
market range +12.5% to +35.0%
Investment snapshot for Waverley
Waverley has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Waverley market and investor summary
In Waverley, TAS 7250, the median house sells for around $505K, on a gross rental yield of 5.0% for houses. House prices have moved +17.9% over the past year and +36.6% over three years. At 0.7% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.0% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking.
Living in Waverley: people, income and schools
Waverley is home to around 1,583 people, a number that has held fairly steady over five years. At a median age of 35, it reads as broadly working-age, and families account for 65% of households.
The typical household income runs to around $52,000 a year (about $1,010 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 9.6 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
Families have 27 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 24 for walkability and 9 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 1,583
- +0% over 5yr
- Median age
- 35 years
- Median household income
- $52,000/yr
- Households renting
- 38%
- Family households
- 65%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 27
- avg ICSEA 951
- Unemployment
- 3.1%
- Walk score
- 24/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Waverley
View all →Frequently asked questions about Waverley
What should I check before investing in Waverley?
Waverley has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.7%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +17.9% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Waverley?
The median property price in Waverley, TAS 7250 is $505K for houses and $430K for units.
What rental yield does Waverley show?
The gross rental yield in Waverley is 5.0% for houses and 5.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Waverley?
House prices in Waverley are up 17.9% over the past year and up 36.6% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Waverley?
The current vacancy rate in Waverley is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Waverley?
Waverley has a population of approximately 1,583 residents, with a median age of 35.
What schools are near Waverley?
There are 27 schools within roughly 5km of Waverley. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Waverley affordable to buy in?
A median house in Waverley costs about 9.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Waverley's population growing?
The population of Waverley has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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