Waverley (NSW)

Suburb (SAL)

Greater Sydney / Eastern Suburbs - North

 
 
 
 
 
 
 
Data Sources ABSValuer GeneralRental BoardACARA Newest Aug 2026 · Refreshed ABS QuickStats SAL14217 How we calculate this
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Suburb (SAL) Boundary Analysis

This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.

SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.

Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Waverley (NSW)

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The median house price in Waverley (NSW) is $3.82m, with units at $1.27m. House values have moved 2.5% a year compounded over five years.

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DemographicsPopulation Growth in Waverley (NSW)

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Waverley (NSW) has an estimated 4,393 residents, up from 4,216 at the 2021 Census — a change of 177 people, or 4.2%. That puts 7,322 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

In the suburb of Waverley (NSW), analysis of ABS population revisions for the wider region and fresh addresses verified by AreaSearch following the Census indicates a resident count of approximately 4,393 as of May 2026. This represents a growth of 177 residents (4.2%) compared to the 2021 Census, which documented 4,216 individuals. The adjustment is derived from the population estimate of 4,393 calculated by AreaSearch using the latest ABS ERP release (June 2025) alongside 40 validated new addresses added since the Census. This population level translates to a density of 7,321 persons per square kilometer, placing the locality within the highest 10% of nationwide areas evaluated by AreaSearch and highlighting the intense demand for local land.

The post-census growth rate of 4.2% in the suburb of Waverley (NSW) was 1.4 percentage points lower than the broader SA3 region (5.6%), showing a competitive expansion profile. Overseas arrivals were the primary driver of this growth, accounting for roughly 89.0% of the total population increase in recent times. For future projections in the suburb of Waverley (NSW), AreaSearch incorporates 2024 projections from the ABS and Geoscience Australia, using 2022 as the base year, or NSW State Government SA2 projections from 2022 with a 2021 base year where regional data is unavailable. Age group expansion rates from these series are applied to all locations for the period 2032 to 2041. Over the coming years, the suburb of Waverley (NSW) is set to experience population growth exceeding the national median, with projections indicating an increase of 770 residents by 2041, representing a total gain of 17.5% across the 16 years.

Frequently Asked Questions - Population

What is the latest population estimate for the suburb of Waverley?
Total population for the suburb of Waverley was estimated to be approximately 4,393 as at May 26. This is based upon an estimated resident population of 4,393 from the ABS up to June 2025.
How has the population in the suburb of Waverley changed since 2021?
The suburb of waverley has added approximately 177 people and shown a 4.20% increase from the 4,216 people recorded at the 2021 Census period.
What is the population density in the suburb of Waverley?
The population density in the suburb of Waverley is estimated at 7,321 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the suburb of Waverley?
Over the past 10 years, the population in the suburb of Waverley has shown a compound annual growth rate of -0.6% per annum.
What are the main drivers of population growth in the suburb of Waverley?
Population growth in the suburb of Waverley is driven by: Overseas migration (89.0%), Natural increase (11.0%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 89.0% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Waverley (NSW)

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105 new dwellings have been approved in Waverley (NSW) over the past five years, an average of 21 a year. That is 4.9 approvals per 1,000 residents. Of the 26 dwellings approved in the latest reporting year, 4% were detached houses and the rest townhouses or apartments. Few approvals have been recorded in the most recent months, well below the longer-run average; the latest ABS periods are still being reported. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.

Detail

According to AreaSearch evaluations of ABS building consent statistics distributed from local area data, Waverley has maintained an average of approximately 21 annual approvals for new dwellings, representing a total of 105 projected residences over the preceding 5 financial years. Thus far during FY-26, no approvals have been registered. Relative to the contracting population in recent times, local construction has been sufficient, offering favorable conditions for purchasers, while newly approved residences show an average valuation of $777,000, indicating that developers are focusing on the upscale market segment with premium homes.

Furthermore, commercial consents valued at $13.2 million have been logged during the current financial year, pointing to a balanced rate of commercial building activity. Waverley recorded a rate of new residential approvals per capita that is 67.0% higher than the average for Greater Sydney, providing prospective purchasers with a wider selection of properties. The mix of recent housing approvals comprises 4.0% freestanding houses and 96.0% multi-unit or attached dwellings. This strong concentration of high-density housing options provides lower-cost options for entry and appeals to downsizers, property investors, and first-time home buyers. There are approximately 141 individuals for each approved dwelling, pointing to a market of low density. Long-term projections indicate that Waverley will add 770 new inhabitants by 2041 based on the most recent quarterly calculation from AreaSearch. Current building construction rates are tracking in line with these population projections, though prospective home buyers could face increased rivalry for properties as the resident count expands.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the suburb of Waverley recently?
Dwelling approval activity in the the suburb of Waverley area has seen 62 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The suburb of Waverley's current population of 4,393 has been supported by 21 approvals on average over recent years.
How does the suburb of Waverley's development activity compare to the broader region?
The suburb of Waverley has seen 0.49 approvals per 100 people in recent years, compared to 0.65 approvals in the broader region. This means that one dwelling has been approved for every 141 people in the suburb of Waverley, compared to one for every 190 in the broader region.
Is the suburb of Waverley keeping up with housing demand?
With the population expected to increase by 770 people by 2041, around 385 new dwellings will be necessary. Recent approval levels may be insufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling.
What has been the trend in development approvals over the past five years in the suburb of Waverley?
Looking at development activity over the past five years, the suburb of Waverley's approval levels have been consistent with the yearly average of 21, showing stable development patterns.
How many dwellings will be needed to accommodate future population growth in the suburb of Waverley?
The population in the suburb of Waverley is expected to grow by 770 people by 2041, necessitating approximately 385 new dwellings. This calculation is based on the current census average of 2.0 persons per dwelling in the area.
How does recent development compare to population growth in the suburb of Waverley?
Over the past five years, the population in the suburb of Waverley has grown by approximately 220 people, while 105 residential approvals were recorded. This equates to a ratio of 2.1 people added for each new dwelling approval. This indicates solid population growth supported by housing development activity.
Are there opportunities for residential developers in the suburb of Waverley?
With dwelling approval activity running at an average of 21 approvals per year and a population of 4,393, the market appears to be reasonably balanced between supply and demand, presenting moderate opportunities for well-positioned developments. With the population expected to increase by 770 people by 2041, around 385 new dwellings will be necessary. Current approval trends may be insufficient to meet forecast demand, indicating strong development opportunities.
Approvals Pipeline Development applications near Waverley (NSW)

Development applications around Waverley (NSW)

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Waverley (NSW)

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AreaSearch tracks 105 current infrastructure and development projects close to Waverley (NSW), worth an estimated $26.6 billion. 28 are already under construction and 38 are due for completion within three years. The pipeline spans residential development, sports & recreation and communities. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Local planning reforms, major public works, and infrastructure developments are primary drivers of real estate performance. AreaSearch has highlighted a total of 2 projects situated within the region that are anticipated to affect local trends. Notable developments include Origami Bondi Junction, Sydney Light Rail Bondi Junction to Bondi Beach Extension, Bondi Junction Vision and Master Plan, and Eastern Suburbs Railway Extension and Woollahra Station Activation, with specific details of the most significant projects outlined below.

Professional plan users can use the search below to filter and access additional projects.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the suburb of Waverley?
Key infrastructure and planning changes likely to influence the suburb of Waverley include: Origami Bondi Junction (Planning); Sydney Light Rail Bondi Junction to Bondi Beach Extension (Proposed); Bondi Junction Vision and Master Plan (Planning); Eastern Suburbs Railway Extension and Woollahra Station Activation (Planning); and Bronte Collection (Construction). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the suburb of Waverley?
Infrastructure development impacting the suburb of Waverley spans multiple sectors including Residential Development, Transport & Logistics, and Communities, among others.
What is the scale of infrastructure investment impacting the suburb of Waverley?
Infrastructure investment analysis indicates substantial capital deployment exceeding $4.0 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the suburb of Waverley vicinity.
How does the suburb of Waverley's infrastructure development compare to other areas?
The suburb of Waverley ranks in the top 20% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
Westfield Bondi Junction
Category: Retail
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   Link 2  

A major retail destination undergoing a staged redevelopment. Key phases include the transformation of Level 6 into a premium dining and entertainment hub, and the reconfiguration of Level 1 for a 2,500 sqm Virgin Active social wellness club and a new rebel rCX concept, which launched in mid-2025. Following a security review, the centre has upgraded its public safety and surveillance measures. It continues to be one of Sydney's most significant retail assets.

Retail

Bronte Collection
Category: Residential Development
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   

Bronte Collection by Fortis comprises nine luxury four-bedroom freestanding coastal homes on a 2,472sqm site just 190m from Bronte Beach. Each home features sweeping ocean views, private pools, dual garaging with EV charging, individual lifts, high-end interiors by Alexander and Co and Lawless and Meyerson, and select residences include state-of-the-art gyms and saunas. Architecture by MHN Design Union and built by Northpoint Construction Group. Sales active, completion expected July 2026.

Residential Development

Miramar Bronte
Category: Residential Development
Stage: Construction | Est. Comp: 2026

Exclusive collection of 18 luxury beachside apartments designed by Smart Design Studio and SJB Interiors, located near Bronte Beach, currently under construction.

Residential Development

122-126 Bronte Road Mixed-Use Development
Category: Communities
Stage: Approved | Est. Comp: 2027
Source / Links: Link 1   Link 2  

A heritage-listed adaptive reuse project transforming the former Waverley Telephone Exchange into a mixed-use development featuring 60 serviced apartments across multiple levels, ground floor retail spaces including 3 shops, reception lobby, and basement parking. The development preserves the heritage facade while creating modern serviced accommodation with balconies offering views across Sydney, contributing to the revitalization of Bondi Junction.

Communities

Pearl Bondi Beach
Category: Residential Development
Stage: Approved | Est. Comp: 2026
Source / Links: Link 1   Link 2  

Ultra-premium boutique residential project by Central Element on amalgamated 2,050sqm site featuring seven luxury residences including two freestanding houses and five apartment homes with uninterrupted ocean views. Features direct access to Bondi to Bronte coastal walk, private pools, mesmerizing views across Bondi Beach to Ben Buckler headland, and nearly 500 sqm of landscaped communal space. Design by MHNDU with interiors by Madeleine Blanchfield and landscaping by Dangar Barin Smith.

Residential Development

50 Botany Street Residential Development, Bondi Junction
Category: Residential Development
Stage: Approved | Est. Comp: 2027
Source / Links: Link 1   Link 2  

Planning proposal to rezone the site from SP2 Infrastructure to R3 Medium Density Residential, remove heritage listing, introduce minimum lot size, and enable development of 7 townhouses. The site previously housed telecommunications infrastructure.

Residential Development

46-50 Lamrock Avenue
Category: Residential Development
Stage: Approved | Est. Comp: 2027
Source / Links: Link 1   Link 2  

Central Element's $100 million luxury development at 46-50 Lamrock Avenue in Bondi Beach, featuring 9 exclusive residences including a full-floor penthouse. The five-storey contemporary building, designed by MHN Design Union with interiors by Richards Stanisich and landscaping by Dangar Barin Smith, has received DA approval with construction scheduled to commence in January 2026.

Residential Development

Coogee Bay Hotel Redevelopment
Category: Tourism
Stage: Approved | Est. Comp: 2026
Source / Links: Link 1   Link 2  

$111 million redevelopment of iconic 150-year-old Coogee Bay Hotel by C!NC Hotels. 58 new apartments in 5-6 storey building, 31 hotel rooms (16 new + 15 refurbished), 11 retail tenancies, internal "Eat Street" laneway. Architecture by Fender Katsalidis, heritage by Weir Phillips, landscape by OCULUS.

Tourism

Jobs & IndustryEmployment Trends in Waverley (NSW)

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2,767 residents of Waverley (NSW) are employed, from a labour force of 2,817. Unemployment sits at 1.8%, with participation at 75.5%. Weighted for its industry mix, the area's sectors are forecast to grow about 7.5% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

Waverley is characterized by an exceptionally well-educated workforce, with notable representation in the technology industry, a jobless rate of only 1.8%, and job growth estimated at 1.2% over the preceding year, according to AreaSearch regional aggregations. As of March 2026, there are 2,767 employed residents, and the local unemployment rate is 2.4% lower than the 4.1% recorded across Greater Sydney, while labor force participation is exceptionally high at 75.5% compared to the metropolitan benchmark of 69.1%. Census records indicate that a substantial 60.1% of working locals operated from home, though this figure may have been influenced by pandemic-related restrictions.

The primary employment fields for local workers are professional & technical, health care & social assistance, and finance & insurance. Representation in the professional & technical sector is especially pronounced, running at 1.7 times the metropolitan norm. Conversely, retail commerce is underrepresented, employing just 5.5% of the local workforce compared to 9.3% across Greater Sydney. A ratio of 0.8 workers for every local resident at the time of the Census indicates a higher-than-average volume of local employment options. Based on AreaSearch reviews of SALM and ABS statistics aggregated across wider regions, employment rose by 1.2% and the total labor force grew by 1.1% over the 12 months ending March 2026, leading to a 0.1 percentage point reduction in the jobless rate. During the same period, Greater Sydney recorded employment expansion of 1.9% and labor force growth of 1.9%, accompanied by a minor decline. National employment projections from May-25 published by Jobs and Skills Australia provide further context on potential future labor requirements in Waverley. These five and ten-year projections have been applied to the local industry mix to model future hiring trends. Although national employment is projected to grow by 6.6% over five years and 13.7% over ten years, the expected growth rates vary considerably by industry. Extrapolating these industry projections to the local employment distribution suggests Waverley's employment could rise by 7.5% over five years and 15.0% over ten years, though this simple weighting does not account for local population dynamics.

Frequently Asked Questions - Employment

What is the employment situation in the suburb of Waverley?
As of March 2026, the suburb of Waverley has approximately 2,767 employed residents with an unemployment rate of 1.8%. This very low unemployment rate indicates a tight labour market with strong demand for workers. The area ranks in the top 25% nationally for employment performance, indicating a robust job market.
How does the suburb of Waverley's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the suburb of Waverley stands at 1.8%, which is 2.4 percentage points below Greater Sydney's rate of 4.1%. This lower unemployment rate suggests stronger local employment conditions. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the suburb of Waverley?
The employment landscape in the suburb of Waverley is dominated by several key sectors. The largest employers are professional & technical (19.2% of employment), health care & social assistance (12.6%), and finance & insurance (11.4%). Other significant employers include education & training and construction.
How has employment changed recently in the suburb of Waverley?
Over the past year to March 2026, the suburb of Waverley has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has fall. By comparison, Greater Sydney saw employment increased and its unemployment rate dropped.
What is the workforce participation rate in the suburb of Waverley?
The workforce participation rate in the suburb of Waverley is 75.5%, which represents the proportion of working-age residents who are either employed or actively seeking work. This high participation rate indicates strong workforce engagement and economic vitality. The local rate leading the Greater Sydney average of 69.1%, indicating stronger workforce attachment in the local area.
Which industries are over-represented in the suburb of Waverley's employment market?
The suburb of waverley shows notable specialization in professional & technical, which employs 19.2% of the local workforce compared to 11.5% regionally. This concentration suggests the area has developed competitive advantages in this sector. The area also shows above-average employment in 2 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the suburb of Waverley?
Based on Jobs and Skills Australia projections applied to the suburb of Waverley's industry mix, employment is expected to grow by 7.5% over the next five years and 15.0% over ten years. This exceeds the national forecast of 6.6% over five years, suggesting the area's industry composition is well-positioned for future growth. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the suburb of Waverley compare nationally?
The suburb of waverley's employment market shows strong performance nationally, ranking in the top 25% of areas assessed by AreaSearch. This indicates robust employment conditions and economic vitality compared to other regions. Recent job advertisement trends show the broader employment region saw a 5.9% decline, ranking 29.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the suburb of Waverley?
Skilled workers will find excellent opportunities in the suburb of Waverley, with knowledge-intensive sectors comprising 58.2% of local employment. Key sectors for skilled workers include professional & technical (19.2%), health care & social assistance (12.6%), and finance & insurance (11.4%). With projected employment growth of 7.5% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Waverley (NSW)

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Median household income in Waverley (NSW) is $2,873 a week (about $149,000 a year), with median personal income at $1,407 a week. ATO records put median taxable income at $72,901 a year against an average of $135,780. The average runs 86% above the median, a wider spread than most areas and a sign of a concentrated group of high earners. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

Based on AreaSearch calculations of postcode-level ATO statistics from the financial year 2023 release, Waverley taxpayers recorded a median income of $72,901 and an average income of $135,780. These figures are exceptionally high by national standards, comparing to median and average benchmarks of $60,817 and $83,003 in Greater Sydney. Accounting for a Wage Price Index rise of 10.32% since financial year 2023, contemporary estimates suggest values of approximately $80,424 for the median and $149,792 for the average as of March 2026. Data from the 2021 Census confirms that household, family, and individual incomes in Waverley are situated in the top tier, ranking in the 95th to 96th percentiles across the country.

Income distribution statistics show that 36.4% of the population (1,599 people) earn weekly incomes of $4000+, whereas the regional average is led by the $1,500 - 2,999 range at 30.9%. The local economy is bolstered by 48.4% of households earning weekly incomes exceeding $3,000, which drives strong consumer demand. High accommodation costs absorb 19.1% of total income, yet strong earnings keep overall disposable income in the 94th percentile, placing the area in the 10th decile of the SEIFA index.

Frequently Asked Questions - Income

What is the median taxable income in the suburb of Waverley?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Waverley is approximately $80,424. The official ATO data from FY-23 recorded a median of $72,901.
What is the average taxable income in the suburb of Waverley?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Waverley is approximately $149,792. The official ATO data from FY-23 recorded an average of $135,780.
How does the median taxable income in the suburb of Waverley compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Waverley is approximately $80,424 compared to $67,093 in Greater Sydney. The official ATO data from FY-23 shows $72,901 and $60,817 respectively.
How does the average taxable income in the suburb of Waverley compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Waverley is approximately $149,792 compared to $91,569 in Greater Sydney. The official ATO data from FY-23 shows $135,780 and $83,003 respectively.
What are the main income cohorts in the suburb of Waverley according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~36.4% / 1,599 persons) of the suburb of Waverley's population is the $4000+ cohort.
How do the main income cohorts in the suburb of Waverley compare to the region?
The largest income cohort in the suburb of Waverley is the $4000+ group, representing about 36.4% of the population. In comparison, Greater Sydney's largest income cohort is the $1,500 - 2,999 group, representing 30.9% of its population, according to the 2021 Census.
What is the median household income in the suburb of Waverley according to the 2021 Census?
The 2021 Census data indicates that the median household income in the suburb of Waverley is $2,873/wk.
What is the median family income in the suburb of Waverley according to the 2021 Census?
According to the 2021 Census, the median family income in the suburb of Waverley is $3,849/wk.
What is the median personal income in the suburb of Waverley according to the 2021 Census?
The 2021 Census shows that the median personal income in the suburb of Waverley is $1,407/wk.
How does the suburb of Waverley's income rank nationally?
The suburb of Waverley's income level is among the top percentile nationally according to the latest ATO data aggregated by AreaSearch for FY-23. The suburb of Waverley's median income among taxpayers is $72,901 and the average income stands at $135,780, which compares to figures for Greater Sydney's of $60,817 and $83,003 respectively. Based on Wage Price Index growth of 10.32% since FY-23, current estimates would be approximately $80,424 (median) and $149,792 (average) as of March 2026.
What is the disposable income in the suburb of Waverley?
The estimated disposable income in the suburb of Waverley is $10,069 per year according to AreaSearch analysis.
How does the suburb of Waverley's disposable income compare to the region?
The suburb of waverley's disposable income is $10,069 compared to $7,412 for Greater Sydney, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Waverley (NSW)

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Waverley (NSW) had 1,571 occupied dwellings at the 2021 Census, 18% detached houses and 55% apartments. 31% are owned with a mortgage, 45% rented and 24% owned outright. At that Census the median rent was $630 a week and the median mortgage repayment $3,731 a month, a total housing cost higher than 99% of areas nationally. Rent absorbs 21.9% of household income here and mortgage repayments 30.0%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

The mix of housing types in Waverley at the time of the latest Census consisted of 17.5% standalone houses and 82.5% alternative dwelling types like semi-detached homes, units, and other structures, differing from the metropolitan Sydney distribution of 55.9% houses and 44.1% other dwellings. The rate of home ownership was lower than the Sydney metropolitan average, standing at 24.1%, with the remaining properties occupied by people with mortgages (30.8%) or tenants (45.1%). The median monthly home loan repayment of $3,731 was significantly higher than the Sydney metropolitan benchmark of $2,427, while the median weekly rental cost was $630 compared to $470 across metropolitan Sydney.

On a national scale, Waverley mortgage payments are much higher than the Australian median of $1,863, and weekly rents are well above the countrywide figure of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the suburb of Waverley?
In the suburb of Waverley, 24.1% of homes are owned outright, 30.8% are owned with a mortgage, and 45.1% are rented.
What percentage of dwellings in the suburb of Waverley are houses?
According to the latest data, 17.5% of dwellings in the suburb of Waverley are houses.
What percentage of dwellings in the suburb of Waverley are apartments or units?
In the suburb of Waverley, 54.9% of dwellings are apartments or units, with an additional 26.4% being semi-detached dwellings.
What is the level of outright home ownership in the suburb of Waverley?
Outright home ownership in the suburb of Waverley stands at 24.1%, compared to 28.7% in Greater Sydney.
What is the median monthly mortgage repayment in the suburb of Waverley?
The median monthly mortgage repayment in the suburb of Waverley is $3,731, compared to $2,427 in Greater Sydney.
What is the median weekly rent in the suburb of Waverley?
The median weekly rent in the suburb of Waverley is $630, compared to $470 in Greater Sydney.
What is the distribution of rental prices in the suburb of Waverley?
In the suburb of Waverley, 4.9% of rentals are $0-149/week, 4.1% are $150-349/week, 42.6% are $350-649/week, 35.7% are $650-949/week, and 12.7% are $950+/week.
What is the average monthly housing cost in the suburb of Waverley?
The aggregate monthly housing cost in the suburb of Waverley is $2,380, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the suburb of Waverley?
In the suburb of Waverley, households with mortgages typically spend 30.0% of their income on mortgage repayments, while renters spend 21.9% of their income on rent.
How crowded are homes in the suburb of Waverley?
The average persons per bedroom ratio in the suburb of Waverley is 1.0, indicating the level of household density.
How does housing affordability in the suburb of Waverley compare to the region?
Housing affordability in the suburb of Waverley shows mortgage holders spending 30.0% of income on repayments (vs 27.0% regionally), while renters spend 21.9% of income on rent (vs 22.6% regionally).
What types of dwellings are most common in the suburb of Waverley?
The dwelling mix in the suburb of Waverley consists of 17.5% detached houses, 26.4% semi-detached dwellings, 54.9% apartments, and 1.2% other dwelling types.
What is the weighted average housing cost based on tenure mix in the suburb of Waverley?
Given the tenure profile of the area, the weighted average monthly housing cost is approximately $2,379. This accounts for outright owners paying no housing costs, mortgage holders paying $3,731/month, and renters paying $2,728/month.
How affordable is housing in the suburb of Waverley relative to local incomes?
Housing in Waverley consumes approximately 19.1% of median household income ($12,440 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the suburb of Waverley?
Recent development applications in Waverley show attached dwellings contributing 94% of approvals compared to 82% of existing stock, while detached houses represent 6% of applications versus 18% of current dwellings. This suggests increasing densification. Waverley is experiencing exceptional growth in housing density, ranking in the top 10% nationally.

HouseholdsHousehold Composition in Waverley (NSW)

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Waverley (NSW) counted 1,571 households at the 2021 Census, averaging 2.3 people each. 30% are couples with children, against 23% couples without children. 32% of households are people living alone, and families average 1.0 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Family units account for the majority of local households at 62.3%, including 29.9% couples raising children, 23.2% couples without dependents, and 8.4% sole parent households. Non-family living arrangements make up the remaining 37.7% of the total, with single occupant households accounting for 31.5% and shared group households representing 6.1%. The median household occupancy is 2.3 people, which is below the Greater Sydney average of 2.7.

Frequently Asked Questions - Households

How many households are in the suburb of Waverley?
As of the 2021 Census, the suburb of Waverley had 1,571 households. Based on population growth patterns, this has grown by approximately 4.2% to an estimated 1,637 households today.
What is the typical household size?
The median household size in the suburb of Waverley is 2.3 people. This compares to 2.7 in Greater Sydney and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 62.3% of all households. The remaining households consist of lone person households (31.5%), group households (6.1%), and other household types (0.0%).
How are families structured in the area?
Among the 978 family households, 29.9% are couples with children, 23.2% are couples without children at home, and 8.4% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the suburb of Waverley compare to regional household patterns?
Compared to Greater Sydney, the suburb of Waverley shows distinct household patterns. Lone person households are notably over-represented at 31.5% (versus 23.2% regionally). Conversely, family households are under-represented at 62.3% compared to the regional 72.6%. This higher proportion of single-person households drives demand for smaller dwellings and different community services.
What is the average family size?
Families in the suburb of Waverley have an average of 1.0 children, slightly below the Greater Sydney average of 1.5. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the suburb of Waverley?
Marriage patterns reveal 36.0% of the adult population are currently married, while 46.0% have never married. This compares to 48.3% married and 36.4% never married across Greater Sydney.
How significant are single-person households?
Single-person households represent 31.5% of all households in the suburb of Waverley, higher than the regional average of 23.2%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 6.1% of households, well below the Greater Sydney average of 4.2%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Waverley (NSW)

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59.2% of adults in Waverley (NSW) hold a university qualification, including 38.9% with a bachelor degree and 16.6% with postgraduate qualifications, higher than 99% of areas nationally. A further 10.6% hold a vocational qualification. 7 schools serve the area, with 4,033 enrolment places and an average ICSEA of 1,144 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Attainment levels in Waverley are significantly above regional and national comparisons, with 59.2% of residents aged 15+ holding a university degree compared to national and state averages of 30.4% and 32.2%. This educational profile positions the community well for professional industries. Bachelor degrees are the most common qualification at 38.9%, followed by postgraduate study at 16.6% and graduate diplomas at 3.7%. Technical or vocational education accounts for 20.8% of qualifications among residents aged 15+, consisting of advanced diplomas at 10.2% and certificates at 10.6%. Enrolment in education is substantial, with 33.0% of the local population currently undertaking formal studies.

This group comprises 10.3% attending primary school, 8.9% enrolled in high school, and 6.8% studying at the tertiary level.

Frequently Asked Questions - Education

What percentage of people in the suburb of Waverley have university qualifications?
59.2% of people aged 15 and over in the suburb of Waverley have university qualifications, compared to 38.0% in the broader region.
What percentage of people in the suburb of Waverley have no formal qualifications?
20.1% of people aged 15 and over in the suburb of Waverley have no formal qualifications, compared to 34.2% regionally.
How does the suburb of Waverley's education level compare to national averages?
The suburb of waverley ranks in the 99th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the suburb of Waverley?
The most common qualifications in the suburb of Waverley are: Bachelor Degree (38.9%), Postgraduate (16.6%), Certificate (10.6%).
What proportion of the suburb of Waverley's population is currently attending educational institutions?
33.0% of the population in the suburb of Waverley is currently engaged in formal education, with 10.3% in primary school, 8.9% in secondary school, 6.8% at university.
What is the ICSEA score for schools in the suburb of Waverley?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the suburb of Waverley is 1144, indicating above-average socio-educational advantage compared to the national average of 1000.
How many schools are located within the suburb of Waverley?
There are 7 schools within the suburb of Waverley, with a combined enrollment of approximately 4,033 students.
What types of schools are available in the suburb of Waverley?
The suburb of waverley includes 3 primary schools, 3 secondary schools, 1 combined school.

Schools Detail

AmenitiesServices & Amenities in Waverley (NSW)

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Getting AroundTransport & Commuting in Waverley (NSW)

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Public transport in Waverley (NSW) reaches 30 stops on 37 routes, timetabled for about 6,900 services a week. The typical home sits about 90 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 0.7 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

Analysis of regional public transport indicates there are 30 active passenger stops operating within Waverley, consisting of bus services. These stops are connected to 37 separate travel routes, which combined support 6,895 weekly passenger journeys. Accessibility to transit options is excellent, with residents living an average of 94 meters from their closest stop. As the area is predominantly residential, a majority of working residents travel out of the area to work, with private vehicles remaining the primary mode of travel at 57%, followed by train travel at 12% and walking at 11%.

Car ownership stands at an average of 0.7 vehicles per household, which is below the metropolitan average. A high proportion of residents (60.1%) worked from home, based on 2021 Census findings, which may reflect pandemic-era workplace restrictions. Transit services average 985 daily trips across all active routes, which represents approximately 229 weekly services for each individual stop.

Frequently Asked Questions - Transport

How many public transport stops are in Waverley (NSW)?
There are 30 public transport stops within the suburb of Waverley.
How frequent are the transport services in Waverley (NSW)?
the suburb of Waverley has 6,895 weekly trips across 37 routes, averaging 985 trips per day.
How far are residents from public transport in Waverley (NSW)?
On average, residential properties are 94 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Waverley (NSW)

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74.6% of residents in Waverley (NSW) report no long-term health condition. 5.1% need daily assistance with core activities, and 80.3% hold private health cover. The standardised death rate runs at 5.8 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Public health metrics suggest favorable outcomes for the Waverley population, with analysis of mortality rates and chronic illnesses showing results generally consistent with national standards. The rate of standard health conditions is low overall, though it rises above national benchmarks among older demographic segments. Private medical coverage is exceptionally high, encompassing roughly 80% of the population (3,529 people), compared to 59.9% in Greater Sydney and a national average of 55.7%. The most prevalent health issues recorded among local residents were mental health conditions and arthritis, affecting 7.0 and 6.4% of the population, respectively, while 74.6% of residents reported having no chronic medical conditions, matching the 74.6% figure across Greater Sydney.

Residents aged 65 and over make up 17.7% of the local population (777 people), which is higher than the Greater Sydney proportion of 15.5%. Health metrics for these older cohorts indicate some challenges, ranking lower nationally than the younger segments of the population.

Frequently Asked Questions - Health

How many people in the suburb of Waverley have private health insurance?
Around 80.3% of people in the suburb of Waverley are covered by private health insurance, which compares to 59.9% in the broader region of Greater Sydney.
What percentage of the population requires ongoing medical assistance in the suburb of Waverley?
In the suburb of Waverley, 5.1% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 5.2% of people in Greater Sydney require similar assistance.
How prevalent is asthma in the suburb of Waverley?
5.5% of people in the suburb of Waverley are diagnosed with asthma. In comparison, 6.4% of the population across Greater Sydney is affected by asthma.
What percentage of people have diabetes in the suburb of Waverley?
Diabetes affects 2.2% of the the suburb of Waverley population, while in the surrounding region, 4.3% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the suburb of Waverley?
3.8% of people in the suburb of Waverley have heart disease. Across the region of Greater Sydney, 3.2% of the population is affected by heart disease.
How does the suburb of Waverley compare to the region in terms of overall private health coverage?
In the suburb of Waverley, 80.3% of the population are estimated to have private health insurance. Comparatively, Greater Sydney sees an estimated private health coverage rate of 59.9%.

Ancestry & LanguageCultural Diversity in Waverley (NSW)

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38.5% of Waverley (NSW) residents were born overseas and 18.5% speak a language other than English at home. The largest reported ancestries are English (26.4%) and Australian (17.3%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Waverley displays a higher degree of multicultural representation than most comparable property markets, with 18.5% of residents speaking a non-English language at home and 38.5% born in another country. The predominant religious affiliation is Christianity, which represents 45.8% of the local population. The most prominent statistical divergence is in Judaism, which is practiced by 6.9% of local residents, compared to the Greater Sydney average of 0.8%. Analyzing ancestral backgrounds, the three most common heritages in Waverley are English at 26.4% of the population, which is higher than the regional average of 19.0%, Australian at 17.3%, and Irish at 11.8%, which is also well above the regional average of 6.1%.

There are also notable differences in other backgrounds, with French ancestry represented at 1.8% in Waverley compared to 0.5% across the region, Russian at 1.3% compared to 0.4%, and Hungarian at 0.8% compared to 0.3%.

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the suburb of Waverley?
Waverley was found to be more culturally diverse than the vast majority of local markets, with 18.5% of its population speaking a language other than English at home and 38.5% born overseas.
What is the most common religion in the suburb of Waverley?
The main religion in Waverley was found to be Christianity, which makes up 45.8% of people in Waverley. However, the most apparent overrepresentation was in Judaism, which comprises 6.9% of the population, substantially higher than the Greater Sydney average of 0.8%.
What are the top countries of origin in the suburb of Waverley?
In terms of ancestry (country of birth of parents), the top three represented groups in Waverley are English, comprising 26.4% of the population, which is substantially higher than the regional average of 19.0%, Australian, comprising 17.3% of the population, and Irish, comprising 11.8% of the population, which is substantially higher than the regional average of 6.1%. Additionally, there are notable divergences in the representation of certain other ethnic groups: French is notably overrepresented at 1.8% of Waverley (vs 0.5% regionally), Russian at 1.3% (vs 0.4%) and Hungarian at 0.8% (vs 0.3%).
How does the percentage of people born overseas compare to the regional average?
38.5% of the the suburb of Waverley population was born overseas, compared to 40.5% regionally.
What percentage of the the suburb of Waverley population speaks a language other than English at home?
18.5% of the population in the suburb of Waverley speaks a language other than English at home, compared to 39.5% in the wider region.
How many people in the suburb of Waverley identify as Australian Aboriginal?
0.4% of the the suburb of Waverley population identifies as Australian Aboriginal, compared to 1.3% in the region.
What is the citizenship status of the population in the suburb of Waverley?
79.0% of the the suburb of Waverley population holds citizenship, compared to 80.8% in the wider region.

Age StructureAge Profile of Waverley (NSW)

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The median resident of Waverley (NSW) is 38. 27.8% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

The median age of residents in Waverley is 38 years, which aligns closely with the Greater Sydney median of 37 and matches the Australian average of 38. Compared to the metropolitan area, Waverley has a higher proportion of residents aged 85+ (5.0%) but a smaller share of people aged 65 - 74 (6.3%). Since the 2021 Census, the proportion of youth aged 15 to 24 grew from 8.4% to 11.4%, while the cohort aged 25 to 34 shrank from 17.4% to 16.4%. Projections to 2041 point to significant changes in local age demographics, led by a 92% increase in the 85+ group, which will add 202 people to reach 422, up from 219.

Conversely, the cohort aged 0 to 4 is expected to rise by a modest 3%, adding 6 children.

Frequently Asked Questions - Age

What is the median age in the suburb of Waverley?
According to the latest data, the median age in the suburb of Waverley is 38 years.
How does the suburb of Waverley's median age compare to broader areas?
At 38 years, Waverley is comparable to the Greater Sydney average (37 years) and similarly aligned with equal to the national average.
What age groups are over-represented in the suburb of Waverley?
The most over-represented age group in the suburb of Waverley compared to the Greater Sydney region is the 85+ group, making up 5.0% of the population.
What age groups are under-represented in the suburb of Waverley?
The most under-represented age group in the suburb of Waverley compared to the Greater Sydney region is the 65 - 74 group, making up 6.3% of the population.
Are there age groups with notable population variances?
Yes, certain age groups in the suburb of Waverley show significant variance compared to the Greater Sydney region. The most over-represented age group is 85+ year-olds (5.0% vs 2.1%).
What is the percentage of children (0-14 years) in the suburb of Waverley?
The percentage of children aged 0-14 years in the suburb of Waverley is 15.9%.
What is the percentage of older people (65+ years) in the suburb of Waverley?
The percentage of people aged 65 and over in the suburb of Waverley is 17.7%.

Data & MethodBoundaries, Sources & Method for Waverley (NSW)

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) May 2026 3 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual May 2026 3 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Jun 2026 2 months ago headline measures · May 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 this month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, Local governments Daily May 2026 3 months ago all 2 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated May 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 5 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 this month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 last month headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 40 validated new addresses here. The headline figure is therefore a current estimate for May 2026, not a 2021 count (4,216 at the 2021 Census → 4,393 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL14217). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

How do Waverley (NSW) suburb boundaries differ from Statistical Areas?
This page uses Suburbs and Localities (SAL) boundaries (suburb-style geography). SAL represents commonly-known suburb names used in addresses, while Statistical Areas (SA2) are designed for census/statistical reporting. Even when sharing the same name, SAL and SA2 boundaries often cover different geographic areas with different populations.
Where does the data on this Waverley (NSW) page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Waverley (NSW) data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Jun 2026), property sales & rents (Aug 2026), infrastructure projects (May 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to May 2026), age profile (to May 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas