Waverley NSW Property Investment
Waverley · 2024 · Score: 73/100 · Buy
Waverley Short-Term Rental (Airbnb) Market
Waverley NSW Investment Brief
BUY — 2.4% gross yield on a $3,926,702 median.
THE MARKET
Waverley has compounded at 2.5%/yr over 5 years — a house that cost $3,470,632 in 2021 is worth $3,926,702 today. Properties are sitting on market for 43 days (roughly balanced conditions). At the same growth rate, today's median reaches $4,442,703 by 2031.
- Median house: $3,926,702 | Units: $1,480,821
- Gross yield: 2.4% | Net yield: 0.9%
- 5yr price CAGR: 2.5%/yr | 3yr forecast: 4.7%/yr
- Population: 4,216 | Owner-occupier rate: 56% | Affluence: Very High
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 1.6% (improving) | Rental demand: High
- Median weekly rent: $1,800/wk | Days on market: 43 (stable)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $249/night | Occupancy: 56%
- Estimated annual STR gross: ~$51,180/yr
- vs long-term rent: $93,600/yr (comparable — LTR offers simpler management)
INFRASTRUCTURE & CATALYSTS
- New Intercity Fleet (NSW Trains) (Under Delivery)
- Sydney Gateway (Under Construction)
- Sydney Metro City & Southwest (Operational)
- Sydney Metro West (Under Construction)
- Transport: Well-connected inner-city location
BULL CASE
If Waverley maintains 3%+ annual growth and vacancy stays below 1.1%, median prices could reach $4,515,707 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Waverley pull back 10-15% from $3,926,702, with vacancy rising to 2.9% and rental yields softening as tenants gain leverage.
KEY RISKS
- Premium price point limits buyer pool and increases interest rate sensitivity
COMPARABLE MARKETS
- Bondi (NSW): $4,422,566 median, 2.4% yield, 7.1% 1yr growth
- Crows Nest (NSW): $2,824,468 median, 2.3% yield, 10.9% 1yr growth
- Burraneer (NSW): $3,381,233 median, 2.8% yield, 8.5% 1yr growth
THE PLAY
Waverley presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.4% and prioritise properties with value-add potential. Consider timing entry around the current recovery phase of the market cycle.
- Entry range: $3,534,032 – $4,319,372
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy staying below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 2.5% + 10yr CAGR 8.7%
- +Low rental vacancy (1.6%) — constrained supply
- +Premium transport infrastructure — supports long-term capital growth
- −High supply pipeline (1122 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
231
2020
208
2021
416
2022
115
2023
152
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 2024
Decile 10 of 10 — Low disadvantage
Population
11,380
Education (IEO)
10/10
Econ. Resources (IER)
9/10
10-Year Investment Projection
Modelled on Waverley NSW data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $1800/wk median rent for Waverley. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.