Waverley, NSW
UNDERVALUED5,801 sales · 36 years of data · NSW, Australia
Waverley, NSW Property Market Overview
Waverley, NSW, 2024, is a highly sought-after suburb located in Sydney's Eastern Suburbs, renowned for its proximity to iconic beaches and vibrant lifestyle. This analysis of Waverley's property market draws upon 36 years of recorded sales data, encompassing a total of 5,801 transactions. As of early 2026, the median property price in Waverley across all property types sits at $1,575,000.
Waverley presents a diverse property landscape, reflected in its distinct median prices for houses and apartments. Houses in Waverley command a current median price of $3,820,000, while apartments have a median price of $1,500,000. These figures offer valuable insights into the suburb's property mix and price segmentation. The long-term growth and current market dynamics make Waverley a compelling suburb for property market observers.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Waverley
Top streets in Waverley, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Henrietta St | $3,600,000 |
| 2 | Albion St | $1,275,000 |
| 3 | Birrell St | $1,825,000 |
| 4 | Prospect St | $4,760,000 |
... and 152 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Victoria St | $20,380/m² |
| 2 | Wiley St | $17,017/m² |
| 3 | Bronte Rd | $14,724/m² |
| 4 | Prospect St | $20,781/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Birrell St | +5.3% |
| 2 | Leichhardt St | +5.4% |
| 3 | Henrietta St | +13.9% |
| 4 | Langlee Ave | +5.6% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 49 Albion St | $1,437,500 |
| 2 | 205 A Birrell St | $1,830,000 |
| 3 | 47 Albion St | $1,351,000 |
| 4 | 40 B Langlee Ave | $2,780,000 |
... and 74 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Waverley analysis
156 streets and 78 buildings to explore
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Waverley at a Glance
Waverley, NSW
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Local Amenities
Living in Waverley, NSW
Living in Waverley offers a vibrant and convenient lifestyle, thanks to its excellent amenities and proximity to stunning beaches. Families are drawn to the area for its reputable schools like Waverley College and St Catherine's School. Commuters benefit from easy access to Bondi Junction train station and frequent bus services along major roads like Bondi Road and Bronte Road.
Waverley Park and Bronte Park provide ample green spaces for recreation and relaxation. Shopping centres like Westfield Bondi Junction are nearby, offering a wide array of retail and dining options. The suburb exudes a friendly and community-oriented atmosphere, making it a desirable place to call home. The coastal influence and well-maintained streets contribute to Waverley's overall appeal.
Who Buys in Waverley?
The buyer profile in Waverley is diverse, reflecting the suburb's varied property types and lifestyle offerings. The high median prices for houses attract established families and professionals seeking spacious homes in a desirable location. The significant percentage of strata apartments (30.8%) also appeals to first home buyers, downsizers, and investors seeking lower-maintenance properties. The historical growth rates suggest that Waverley attracts buyers looking for long-term capital appreciation.
Market Analysis
Currently, Waverley's property market cycle position is assessed as below its long-term trend. This indicates that, as of early 2026, the market may be in undervalued territory compared to its historical performance.
This cycle position suggests that property prices in Waverley may be temporarily depressed relative to their long-term growth trajectory. Market observers often consider cycle positions as indicators of potential shifts in market momentum. Understanding Waverley's position within the property cycle is crucial for interpreting current market conditions and assessing potential future trends.
Is Waverley a Good Investment?
Waverley's historical growth patterns and current market position provide valuable insights into its property market. The suburb's full-period CAGR of 5.8% indicates a consistent long-term growth trajectory. The 20-year CAGR of 4.8% and the more recent 10-year CAGR of 1.1% reflect varying market conditions over time.
Currently, Waverley's property market cycle position is assessed as below its long-term trend. This positioning suggests a potential opportunity for those seeking to enter the Waverley market. However, prospective property observers should consider all relevant factors and conduct thorough due diligence. Waverley's desirable location, excellent amenities, and diverse housing options continue to underpin its property values.
Waverley Market Outlook
As of early 2026, Waverley's property market is currently assessed as below its long-term trend. Market indicators suggest potential shifts in buyer sentiment. Recent price trends indicate a period of adjustment. Waverley's underlying strengths, including its location and lifestyle amenities, continue to support its long-term prospects.
Streets & Location in Waverley, NSW
Waverley, postcode 2024, boasts a prime location within Sydney's Eastern Suburbs. Several streets in Waverley are known for their premium property values, with Henrietta Street and Carrington Road consistently appearing among the top streets by median price. With a total of 156 streets, Waverley offers a diverse range of residential settings, from quiet suburban pockets to bustling thoroughfares.
Market Dynamics
The market dynamics in Waverley are characterised by a moderate settlement timeframe. Currently, the average settlement time for properties in Waverley is 56 days. Data on quick-flips is currently unavailable. Understanding these transaction patterns provides insights into the pace of the market and the behaviour of buyers and sellers in Waverley.
Development & Density
Waverley exhibits a mix of housing types, reflected in its development density. The suburb features 78 apartment buildings, contributing to a higher concentration of strata properties. With 30.8% of properties being apartments, Waverley caters to a diverse range of residents, from those seeking low-maintenance living to those preferring larger family homes. These trends shape the overall character of Waverley's residential landscape.
Growth & Property Mix
Historically, Waverley has demonstrated consistent growth in property values. Over the past 10 years, Waverley's property market has experienced a compound annual growth rate (CAGR) of 1.1%. Looking further back, the 20-year CAGR stands at 4.8%. Analysing the entire 36-year dataset reveals a full-period CAGR of 5.8% for Waverley properties. The suburb's property mix, with 30.8% being strata apartments, influences its overall growth patterns.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.