Waverley (Tas.)

Suburb (SAL)

Rest of Tas. / Launceston

 
 
 
 
 
 
 
Data Sources ABSValuer GeneralRental BoardACARA Newest Sep 2026 · Refreshed ABS QuickStats SAL60724 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 (Tas.)

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DemographicsPopulation Growth in Waverley (Tas.)

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Waverley (Tas.) has an estimated 1,678 residents, up from 1,583 at the 2021 Census — a change of 95 people, or 6.0%. Growth has averaged 0.7% a year over five years. Overseas migration accounts for 56.0% of that increase. That puts 154 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 (Tas.), the population stands at approximately 1,678 as of Aug 2026, according to AreaSearch analysis combining broader regional ABS population updates with post-Census validated new addresses. Compared to the 2021 Census count of 1,583 people, this represents an addition of 95 people (6.0%). This calculation builds upon an estimated resident population of 1,650 derived by AreaSearch from the ABS June 2025 ERP release, alongside 45 validated new addresses identified after the Census date. With a density ratio of 154 persons per square kilometer, the locality offers ample space per resident as well as capacity for future expansion.

Outpacing both the wider state and the SA3 area (2.8%), the 6.0% expansion recorded in the suburb of Waverley (Tas.) since the 2021 census positions it as a regional growth leader. Overseas migration served as the primary growth catalyst, generating roughly 56.00000000000001% of total population gains in recent times, supplemented by positive additions across interstate migration and natural growth. Population projections for the suburb of Waverley (Tas.) utilize ABS/Geoscience Australia SA2 figures published in 2024 using 2022 as the base year. Where SA2 coverage is unavailable and for post-2032 age-cohort projections, AreaSearch incorporates the Tasmania State Government's Regional/LGA projections (released in 2022 with 2021 as the base year), adjusting them through a weighted aggregation methodology from LGA down to SA2 boundaries. Anticipated demographic shifts suggest expansion will align with the lower quartile of non-metropolitan regions across Australia, with aggregated SA2-level modeling forecasting a rise of 70 persons to 2041, which equates to an overall gain of 2.5% 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 1,678 as at Aug 26. This is based upon an estimated resident population of 1,650 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 95 people and shown a 6.00% increase from the 1,583 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 154 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 0.7% 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 (56.00000000000001%), Natural increase (40.0%), Interstate migration (4.0%). The primary driver is Overseas migration, contributing 56.00000000000001% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Waverley (Tas.)

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Detail

Residential building activity in Waverley is subdued, generating 3 dwelling approvals annually and totaling 19 dwellings over the five-year period. These modest figures highlight the rural setting of the market, in which construction is primarily prompted by local housing requirements instead of broad market demand. Because overall volumes are small, individual building proposals can exert a noticeable effect on comparative statistics and yearly growth rates. Building activity in Waverley remains considerably subdued relative to Rest of Tas., and it also tracks below national benchmarks. Detached houses have accounted for all recent construction, underscoring the rural nature of the locality where spacious environments and larger allotments prevail.

This focus on detached dwellings exceeds the proportion observed at the Census (84.0%), highlighting sustained demand for standalone family homes even amidst broader density pressures. Displaying characteristics typical of a low density area, Waverley registers approximately 114 people per dwelling approval. According to demographic projections based on the latest AreaSearch quarterly estimate, Waverley is slated to add 42 residents through to 2041. Ongoing building volumes appear sufficient to accommodate this anticipated demand, maintaining advantageous conditions for purchasers and potentially facilitating growth above current projections.

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 13 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The suburb of Waverley's current population of 1,678 has been supported by 3 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 0.42 approvals per 100 people in recent years, compared to 0.5 approvals in the broader region. This means that one dwelling has been approved for every 113 people in the suburb of Waverley, compared to one for every 218 in the broader region.
Is the suburb of Waverley keeping up with housing demand?
With the population expected to increase by 42 people by 2041, around 21 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
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 significantly above the yearly average of 3, indicating strong recent growth in development activity.
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 42 people by 2041, necessitating approximately 21 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 12 people, while 19 residential approvals were recorded. This equates to a ratio of 0.6 people added for each new dwelling approval. This low ratio indicates housing supply is outpacing population growth, potentially creating market oversupply.
Are there opportunities for residential developers in the suburb of Waverley?
With dwelling approval activity running at an average of 3 approvals per year and a population of 1,678, the market appears to be adequately supplied relative to projected housing demand in recent years, suggesting that developers should have a longer-term approach when considering new projects. With the population expected to increase by 42 people by 2041, around 21 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
Approvals Pipeline Development applications near Waverley (Tas.)

Development applications around Waverley (Tas.)

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 (Tas.)

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AreaSearch tracks 41 current infrastructure and development projects close to Waverley (Tas.), worth an estimated $1.35 billion. 11 are already under construction and 21 are due for completion within three years. The pipeline spans residential development, environmental & disaster management and retail. 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

Planning initiatives, substantial developments, and local infrastructure enhancements play a critical role in shaping regional outcomes. AreaSearch has pinpointed a total of 2 projects anticipated to influence the locality. Notable undertakings comprise the Northern Heart Centre, Ravenswood Subdivision, University of Tasmania Launceston campus Inveresk, and 38A Faulkner Road Rural Living Rezoning and Subdivision, with key details provided below for those carrying the greatest local significance.

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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: Ravenswood Subdivision (Planning); 38A Faulkner Road Rural Living Rezoning and Subdivision (Dev. Application); Northern Heart Centre (Approved); University of Tasmania Launceston campus Inveresk (Construction); and Launceston City Heart Project (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 Environmental & Disaster Management, Energy, and Residential Development, among others.
What is the scale of infrastructure investment impacting the suburb of Waverley?
Infrastructure investment analysis indicates significant investment of approximately $160 million in infrastructure projects affecting the region.
How does the suburb of Waverley's infrastructure development compare to other areas?
Infrastructure development activity impacting the suburb of Waverley currently ranks below national averages at the 29thth percentile.
Cedar Grove Estate
Category: Residential Development
Stage: Construction | Est. Comp: 2031
Source / Links: Link 1   

Cedar Grove is a masterplanned residential estate in St Leonards, Launceston, being delivered in multiple stages. The development is planned to ultimately provide more than 500 homes together with parklands, walking and cycling trails, a watercourse and lake, and a proposed village heart including an urban farm, cafe and neighbourhood retail precinct, subject to approvals. Multiple stages are currently under construction and selling.

Residential Development

Ravenswood Subdivision
Category: Residential Development
Stage: Approved | Est. Comp: 2027
Source / Links: Link 1   Link 2  

A planned 100-lot subdivision on a 12.6-hectare site at 50 Wildor Crescent, Ravenswood. Developed by Homes Tasmania, the project aims to deliver affordable housing options, including lots available through the MyHome shared equity program. The site was transferred to Homes Tasmania in June 2023 and the development application was approved by Launceston City Council in November 2023.

Residential Development

UTAS Stadium Redevelopment
Category: Sports & Recreation
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   Link 2  

The $130 million redevelopment of UTAS Stadium (York Park) is transforming the venue into a world-class Tier 2 sporting precinct. Main works include the new mass-timber Centre West Stand featuring premium seating and corporate facilities, a redeveloped Eastern Stand with 3,629 seats, and Western Stand infill seating. The project increases capacity to 17,500 and prepares the venue for the Tasmania Devils AFL/AFLW entry in 2028. Construction is being delivered in phases to maintain stadium operations for AFL and BBL matches.

Sports & Recreation

38A Faulkner Road Rural Living Rezoning and Subdivision
Category: Residential Development
Stage: Dev. Application | Est. Comp: 0
Source / Links: Link 1   Link 2  

Rezoning of approximately 39ha from Rural Resource to Rural Living Zone for a large-scale rural residential subdivision with around 35 lots of 1ha each. The original rezoning application (Amendment 47) was considered by the City of Launceston Council in late 2018/early 2019 and was subject to representations. The subsequent project stage is a development application for the subdivision. The land was sold in March 2018 as ideal for future development (STCA).

Residential Development

Launceston General Hospital Redevelopment
Category: Social Infrastructure
Stage: Construction | Est. Comp: 2029
Source / Links: Link 1   

The Launceston General Hospital Redevelopment is a $364 million capital improvement program delivered by the Tasmanian Department of Health. Guided by the LGH Precinct Masterplan, the multi-stage initiative includes the new Northern Health Complex, expanded Emergency Department, Northern Heart Centre, and a multi-storey carpark with helipad. Construction is actively underway to modernise northern Tasmania's tertiary hospital campus.

Social Infrastructure

Princess Theatre and Earl Arts Centre Redevelopment
Category: Arts & Culture
Stage: Construction | Est. Comp: 2028
Source / Links: Link 1   Link 2  

Major redevelopment of Launceston's heritage-listed Princess Theatre and Earl Arts Centre precinct. The project will restore and upgrade the Princess Theatre to contemporary safety, access and performance standards, reconstruct the Earl Arts Centre as a purpose-built Earl Street Theatre, improve foyer, bar, toilet, backstage, technical and gathering spaces, and provide lift access to public levels. The precinct closed in late 2025, construction was scheduled to begin in early 2026, completion is planned for late 2027, and reopening is expected in early 2028.

Arts & Culture

Northern Heart Centre
Category: Health
Stage: Approved | Est. Comp: 2029
Source / Links: Link 1   Link 2  

A 120 million dollar dedicated cardiac facility at the Launceston General Hospital, fully funded by the Australian Government. The three-storey building will house a new 24-bed cardiac inpatient unit (16 cardiac ward beds plus 7 coronary care unit beds co-located with the ICU), two cardiac catheterisation laboratories with recovery and holding bays, five echocardiogram rooms, an exercise testing room and six outpatient consulting rooms. Located on the Frankland Street side of the hospital between the Northern Integrated Care Services building and the Department of Emergency Medicine, it is designed to allow patients to bypass the emergency department for time-critical treatment.The Development Application was submitted to the City of Launceston in May 2025, tenders for construction were called in April 2026, and construction is expected to start late 2026 with completion targeted for late 2029. Lead design consultant is Artas Architects, supported by health facility planners Billard Leece Partnership. The project forms part of the broader Launceston General Hospital Precinct Masterplan and the Tasmanian Cardiac Strategy.

Health

Peacehaven Aged Care Redevelopment
Category: Health & Medical
Stage: Completed | Est. Comp: 0
Source / Links: Link 1   Link 2  

Redevelopment of the aged care facility (formerly Masonic Peace Memorial Haven) including the completed 16-bed Wellington Wing. The new wing was designed to modern standards with private ensuites, nurse call systems, natural lighting, hydronic in-slab heating, and a building management system. The overall redevelopment was planned in multiple stages, with this being the first major upgrade in some 20 years. The facility is operated by Respect Aged Care.

Health & Medical

Jobs & IndustryEmployment Trends in Waverley (Tas.)

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688 residents of Waverley (Tas.) are employed, from a labour force of 762. Unemployment sits at 9.6%, with participation at 57.3%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.1% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 1,408, about 84% of the resident population, so more people leave the area for work than travel in. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

The labour market in Waverley features a balanced distribution between blue and white collar positions across diverse industry sectors, alongside an unemployment rate of 9.6% based on aggregated statistical area figures compiled by AreaSearch. In March 2026, employed residents numbered 688, while the local unemployment rate stood 5.6% above the 3.9% recorded in Regional Tas., pointing to scope for improvement, even as labour force participation closely mirrored the 58.7% mark of Regional Tas.. Census records indicated that 2.2% of local workers operated from home, though these findings were subject to the influence of Covid-19 lockdown measures.

The primary employment sectors for local workers are construction, retail trade, and health care & social assistance. Retail trade exhibits notable local specialization, commanding a workforce share 1.4 times that of the broader region. Conversely, agriculture, forestry & fishing accounts for only 3.3% employment in the locality versus 8.4% regionally. Comparison between the resident population and the Census working population suggests that local job opportunities remain limited. SALM and ABS figures aggregated by AreaSearch from wider statistical areas reveal that over the 12 months to March 2026, Waverley recorded a 3.2% drop in the labour force and a 3.4% decline in employment, while unemployment remained virtually unchanged. In contrast, Regional Tas. experienced a 1.7% expansion in the labour force, employment growth of 1.8%, and a slight decrease in unemployment. Future labour demand insights can be drawn from Jobs and Skills Australia's Mar-26 national employment projections, which map five and ten-year sectoral expectations against the local job profile. Across Australia, employment is projected to grow by 6.6% over five years and 13.7% over ten years, though sectoral rates vary substantially. Extrapolating these industry trends to Waverley's specific mix indicates potential local employment gains of 6.1% over five years and 12.8% over ten years, noting this simple weighting model serves illustrative purposes and excludes localized population forecasts.

Frequently Asked Questions - Employment

What is the employment situation in the suburb of Waverley?
As of March 2026, the suburb of Waverley has approximately 688 employed residents with an unemployment rate of 9.6%. The elevated unemployment rate suggests challenging labour market conditions. The area faces employment challenges compared to other regions nationally.
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 9.6%, which is 5.6 percentage points above Regional Tas.'s rate of 3.9%. This higher unemployment rate may indicate local labour market challenges. 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 health care & social assistance (16.5% of employment), retail trade (14.1%), and construction (12.4%). Other significant employers include transport, postal & warehousing and manufacturing.
How has employment changed recently in the suburb of Waverley?
Over the past year to March 2026, the suburb of Waverley has experienced a decline in employment, with total jobs decreasing while the labour force decreased. As a result, the unemployment rate has rise. By comparison, Regional Tas. 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 57.3%, which represents the proportion of working-age residents who are either employed or actively seeking work. This moderate participation rate suggests some residents may face barriers to workforce entry. The local rate trailing the Regional Tas. average of 58.7%, showing similar workforce dynamics to the broader region.
Which industries are over-represented in the suburb of Waverley's employment market?
The suburb of waverley shows notable specialization in retail trade, which employs 14.1% of the local workforce compared to 10.1% regionally. This moderate specialization indicates some local strength in the sector. The area also shows above-average employment in 3 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 6.1% over the next five years and 12.8% over ten years. This compares to national growth expectations of 6.6% over five years. 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 weaker performance compared to most areas nationally. This suggests the need for targeted economic development initiatives. Recent job advertisement trends show the broader employment region saw a 6.0% decline, ranking 30.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the suburb of Waverley?
Skilled workers will find good opportunities in the suburb of Waverley, with skilled sectors accounting for 26.7% of employment. Key sectors for skilled workers include health care & social assistance (16.5%), education & training (6.9%), and professional & technical (1.4%). With projected employment growth of 6.1% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Waverley (Tas.)

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Median household income in Waverley (Tas.) is $1,007 a week (about $52,000 a year), with median personal income at $569 a week. ATO records put median taxable income at $39,529 a year against an average of $49,715. 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

Data from the ATO compiled by AreaSearch for financial year 2023 indicates that income levels in the suburb of Waverley sit below the national benchmark. Taxpayers in the suburb of Waverley recorded a median income of $39,529 and an average income of $49,715, compared to $49,689 and $59,358 in Regional Tas.. Applying the 10.95% rise in the Wage Price Index since financial year 2023 yields updated estimates of approximately $43,857 for median income and $55,159 for average income as of March 2026. Across household, family, and individual brackets at the 2021 Census, incomes in Waverley ranked between the 3rd and 8th percentiles nationally.

The largest earnings band covers 33.4% of residents (560 people) earning $800 - 1,499, whereas the $1,500 - 2,999 bracket leads the wider region at 28.5%. Affordability constraints are pronounced, with uncommitted earnings at 84.1%, placing the area in the 5th percentile.

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 $43,857. The official ATO data from FY-23 recorded a median of $39,529.
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 $55,159. The official ATO data from FY-23 recorded an average of $49,715.
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 $43,857 compared to $55,130 in Regional Tas.. The official ATO data from FY-23 shows $39,529 and $49,689 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 $55,159 compared to $65,858 in Regional Tas.. The official ATO data from FY-23 shows $49,715 and $59,358 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 (~33.4% / 560 persons) of the suburb of Waverley's population is the $800 - 1,499 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 $800 - 1,499 group, representing about 33.4% of the population. In comparison, Regional Tas.'s largest income cohort is the $1,500 - 2,999 group, representing 28.5% 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 $1,007/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 $1,253/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 $569/wk.
How does the suburb of Waverley's income rank nationally?
As per AreaSearch's latest postcode level ATO data released for FY-23, the suburb of Waverley's median income among taxpayers is $39,529, with an average of $49,715. This is below the national average, and compares to Regional Tas.'s median of $49,689 and average of $59,358. Based on Wage Price Index growth of 10.95% since FY-23, current estimates would be approximately $43,857 (median) and $55,159 (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 $3,671 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 $3,671 compared to $4,607 for Regional Tas., based on AreaSearch analysis.

Housing StockHousing & Dwellings in Waverley (Tas.)

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Waverley (Tas.) had 642 occupied dwellings at the 2021 Census, 84% detached houses and 2% apartments. 33% are owned with a mortgage, 40% rented and 27% owned outright. At that Census the median rent was $237 a week and the median mortgage repayment $867 a month. Rent absorbs 23.5% of household income here and mortgage repayments 19.9%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

According to the latest Census, the housing stock in Waverley was composed of 84.0% houses alongside 16.0% other dwellings such as apartments, semi-detached properties, and 'other' dwellings, whereas Regional Tas. comprised 89.9% houses and 10.1% other dwellings. Outright home ownership stood at 27.4%, trailing Regional Tas., with remaining homes divided between rented properties (39.6%) and mortgaged dwellings (33.0%). Median monthly mortgage costs in Waverley stood at $867 and median weekly rent was $237, both considerably lower than the Regional Tas. benchmarks of $1,274 and $250. On a national scale, mortgage repayments in Waverley track well below the Australian average of $1,863, and rents are substantially under the national median of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the suburb of Waverley?
In the suburb of Waverley, 27.4% of homes are owned outright, 33.0% are owned with a mortgage, and 39.6% are rented.
What percentage of dwellings in the suburb of Waverley are houses?
According to the latest data, 84.0% 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, 2.0% of dwellings are apartments or units, with an additional 14.0% 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 27.4%, compared to 41.1% in Regional Tas..
What is the median monthly mortgage repayment in the suburb of Waverley?
The median monthly mortgage repayment in the suburb of Waverley is $867, compared to $1,274 in Regional Tas..
What is the median weekly rent in the suburb of Waverley?
The median weekly rent in the suburb of Waverley is $237, compared to $250 in Regional Tas..
What is the distribution of rental prices in the suburb of Waverley?
In the suburb of Waverley, 15.1% of rentals are $0-149/week, 84.9% are $150-349/week, 0.0% are $350-649/week, 0.0% are $650-949/week, and 0.0% 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 $692, 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 19.9% of their income on mortgage repayments, while renters spend 23.5% 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 0.8, 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 19.9% of income on repayments (vs 24.0% regionally), while renters spend 23.5% of income on rent (vs 20.4% regionally).
What types of dwellings are most common in the suburb of Waverley?
The dwelling mix in the suburb of Waverley consists of 84.0% detached houses, 14.0% semi-detached dwellings, 2.0% apartments, and 0.0% other dwelling types.
What is the weighted average housing cost based on tenure mix in the suburb of Waverley?
Based on the area's tenure composition, the weighted average monthly housing cost is approximately $692. This accounts for outright owners paying no housing costs, mortgage holders paying $867/month, and renters paying $1,026/month.
How affordable is housing in the suburb of Waverley relative to local incomes?
Housing in Waverley consumes approximately 15.9% of median household income ($4,360 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 0% of approvals compared to 16% of existing stock, while detached houses represent 100% of applications versus 84% of current dwellings. This suggests development patterns consistent with existing housing mix. Density increases remain below national trends.

HouseholdsHousehold Composition in Waverley (Tas.)

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Waverley (Tas.) counted 642 households at the 2021 Census, an estimated 681 today, averaging 2.3 people each. 20% are couples with children, fewer than in 86% of areas nationally, against 20% couples without children. 32% of households are people living alone, and families average 1.8 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Family households constitute the majority of dwellings at 64.2%, comprising single parent families (21.2%), couples without children (20.4%), and couples with children (20.2%). The remaining 35.8% consists of non-family households, including lone person households at 31.5% and group households at 3.3%. The median household size of 2.3 people is identical to the average for Regional Tas..

Frequently Asked Questions - Households

How many households are in the suburb of Waverley?
As of the 2021 Census, the suburb of Waverley had 642 households. Based on population growth patterns, this has grown by approximately 6.1% to an estimated 681 households today.
What is the typical household size?
The median household size in the suburb of Waverley is 2.3 people. This compares to 2.3 in Regional Tas. and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 64.2% of all households. The remaining households consist of lone person households (31.5%), group households (3.3%), and other household types (2.2%).
How are families structured in the area?
Among the 412 family households, 20.2% are couples with children, 20.4% are couples without children at home, and 21.2% 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 Regional Tas., the suburb of Waverley shows distinct household patterns. 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 1.8 children, matching the Regional Tas. average of 1.8. 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 27.3% of the adult population are currently married, while 50.6% have never married. This compares to 45.6% married and 33.8% never married across Regional Tas..
How significant are single-person households?
Single-person households represent 31.5% of all households in the suburb of Waverley, similar to the regional average of 30.1%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 3.3% of households, well below the Regional Tas. average of 2.8%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Waverley (Tas.)

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7.2% of adults in Waverley (Tas.) hold a university qualification, including 4.8% with a bachelor degree and 1.9% with postgraduate qualifications, lower than 96% of areas nationally. A further 31.6% hold a vocational qualification. 1 school serves the area, with 127 enrolment places and an average ICSEA of 870 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

Educational attainment in the area reflects notable hurdles, as the tertiary qualification rate of 7.2% falls well below the 30.4% national average, creating key opportunities for focused learning strategies. Bachelor degrees represent 4.8% of qualifications, followed by postgraduate qualifications at 1.9% and graduate diplomas at 0.5%. Vocational and technical training is widely held, with 36.9% of residents aged 15+ holding technical credentials, comprising 31.6% in certificates and 5.3% in advanced diplomas. A significant 28.0% of local inhabitants are currently undertaking formal study, highlighting high overall educational participation. Broken down by level, 11.8% attend primary education, 7.7% are enrolled in secondary education, and 2.9% are undertaking tertiary education.

Frequently Asked Questions - Education

What percentage of people in the suburb of Waverley have university qualifications?
7.2% of people aged 15 and over in the suburb of Waverley have university qualifications, compared to 19.3% in the broader region.
What percentage of people in the suburb of Waverley have no formal qualifications?
55.8% of people aged 15 and over in the suburb of Waverley have no formal qualifications, compared to 43.0% regionally.
How does the suburb of Waverley's education level compare to national averages?
The suburb of waverley ranks in the 4th 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: Certificate (31.6%), Advanced Diploma (5.3%), Bachelor Degree (4.8%).
What proportion of the suburb of Waverley's population is currently attending educational institutions?
28.0% of the population in the suburb of Waverley is currently engaged in formal education, with 11.8% in primary school, 7.7% in secondary school, 2.9% 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 870, indicating below-average socio-educational advantage compared to the national average of 1000.
How many schools are located within the suburb of Waverley?
There are 1 schools within the suburb of Waverley, with a combined enrollment of approximately 127 students.
What types of schools are available in the suburb of Waverley?
The suburb of waverley includes 1 primary school.

Schools Detail

AmenitiesServices & Amenities in Waverley (Tas.)

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Getting AroundTransport & Commuting in Waverley (Tas.)

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Public transport in Waverley (Tas.) reaches 12 stops on 45 routes, timetabled for about 3,500 services a week. The typical home sits about 170 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.3 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

Waverley contains 12 active public transport stops providing bus connections across the suburb. These stops are integrated into 45 individual routes that generate a total of 3,497 weekly passenger trips. Public transport access is rated as excellent, with typical distances of 168 meters to the closest stop. Due to the predominantly residential profile, the majority of commuters travel outside the area, and private car travel dominates at 94%. Household vehicle ownership averages 1.3 per dwelling, which is below the regional benchmark. Working from home was recorded for a modest 2.2% of residents at the 2021 Census, though this may reflect conditions during COVID-19.

Across the entire network, service frequencies average 499 trips per day, which translates to roughly 291 weekly trips for each transport stop.

Frequently Asked Questions - Transport

How many public transport stops are in Waverley (Tas.)?
There are 12 public transport stops within the suburb of Waverley.
How frequent are the transport services in Waverley (Tas.)?
the suburb of Waverley has 3,497 weekly trips across 45 routes, averaging 499 trips per day.
How far are residents from public transport in Waverley (Tas.)?
On average, residential properties are 168 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Waverley (Tas.)

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58.0% of residents in Waverley (Tas.) report no long-term health condition, a less healthy profile than 93% of areas nationally. 7.5% need daily assistance with core activities, and 46.9% hold private health cover. The standardised death rate runs at 7.6 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Analysis of mortality data and condition prevalence by AreaSearch highlights considerable health challenges in Waverley, with multiple chronic illnesses affecting younger as well as older demographics. Private health insurance membership is markedly constrained at approximately 47% of the population (~786 people), trailing both the Regional Tas. level of 49.1% and the Australian average of 55.7%. Asthma and mental health issues represent the most prevalent diagnosed conditions locally, affecting 11.5% and 13.2% of the population, respectively, while 58.0% of residents reported having no medical ailments compared to 62.0% in Regional Tas..

Working-age residents face elevated rates of chronic illness, while people aged 65 and over account for 14.9% of the population (250 people), well below the 25.1% share seen in Regional Tas.. Senior health metrics present notable challenges, ranking higher against national benchmarks than the general local demographic.

Frequently Asked Questions - Health

How many people in the suburb of Waverley have private health insurance?
Around 46.9% of people in the suburb of Waverley are covered by private health insurance, which compares to 49.1% in the broader region of Regional Tas..
What percentage of the population requires ongoing medical assistance in the suburb of Waverley?
In the suburb of Waverley, 7.5% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 7.3% of people in Regional Tas. require similar assistance.
How prevalent is asthma in the suburb of Waverley?
11.5% of people in the suburb of Waverley are diagnosed with asthma. In comparison, 8.4% of the population across Regional Tas. is affected by asthma.
What percentage of people have diabetes in the suburb of Waverley?
Diabetes affects 6.4% of the the suburb of Waverley population, while in the surrounding region, 4.8% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the suburb of Waverley?
3.7% of people in the suburb of Waverley have heart disease. Across the region of Regional Tas., 4.2% 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, 46.9% of the population are estimated to have private health insurance. Comparatively, Regional Tas. sees an estimated private health coverage rate of 49.1%.

Ancestry & LanguageCultural Diversity in Waverley (Tas.)

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Waverley (Tas.) is largely Australian-born, at 94.9% of residents, with 1.6% speaking a language other than English at home. The largest reported ancestries are Australian (38.5%) and English (35.4%). 5.1% of residents identify as Aboriginal and/or Torres Strait Islander. Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Cultural diversity measures in Waverley sit below nationwide figures, with 91.7% of residents holding Australian citizenship, 94.9% born in Australia, and 98.4% speaking solely English at home. Christianity is the primary religion, identified by 33.6% of residents. The most prominent overrepresented religious category is Other, accounting for 0.6% of the population relative to 0.7% across Regional Tas.. Examining parental country of birth reveals that the three main ancestries in Waverley are Australian at 38.5% (exceeding the regional benchmark of 32.6%), English at 35.4%, and Irish at 5.8%. Other ancestral groups show distinctive variations from regional patterns, including Australian Aboriginal at 5.1% (compared to 4.1% regionally), Dutch at 2.0% (versus 1.7%), and Russian at 0.4% (versus 0.1%).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the suburb of Waverley?
Waverley was found to be below average in terms of cultural diversity, with 91.7% of its population being citizens, 94.9% born in Australia, and 98.4% speaking English only at home.
What is the most common religion in the suburb of Waverley?
The main religion in Waverley was found to be Christianity, which makes up 33.6% of people in Waverley. However, the most apparent overrepresentation was in Other, which comprises 0.6% of the population, compared to 0.7% across Regional Tas..
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 Australian, comprising 38.5% of the population, which is substantially higher than the regional average of 32.6%, English, comprising 35.4% of the population, and Irish, comprising 5.8% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Dutch is notably overrepresented at 2.0% of Waverley (vs 1.7% regionally), Australian Aboriginal at 5.1% (vs 4.1%) and Russian at 0.4% (vs 0.1%).
How does the percentage of people born overseas compare to the regional average?
5.1% of the the suburb of Waverley population was born overseas, compared to 13.4% regionally.
What percentage of the the suburb of Waverley population speaks a language other than English at home?
1.6% of the population in the suburb of Waverley speaks a language other than English at home, compared to 5.8% in the wider region.
How many people in the suburb of Waverley identify as Australian Aboriginal?
5.1% of the the suburb of Waverley population identifies as Australian Aboriginal, compared to 4.1% in the region.
What is the citizenship status of the population in the suburb of Waverley?
91.7% of the the suburb of Waverley population holds citizenship, compared to 89.3% in the wider region.

Age StructureAge Profile of Waverley (Tas.)

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The median resident of Waverley (Tas.) is 35, younger than 76% of areas nationally. 28.4% 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

Household structures in Waverley are largely concentrated around family-forming age groups. Based on updates to August 2026, young to middle aged adults (25 - 44) comprise 31.2% of the population, compared to 23.0% across Regional Tas., while the retiree and elderly cohorts (65+) represent 14.9% against a regional benchmark of 25.1%. The estimated median age is 35, matching the 2021 Census and sitting 10 years younger than the Regional Tas. median of 45 recorded at that Census. The most noticeable shift across broad brackets since the Census is a reduction in middle aged and young retiree cohorts (45 - 64) from 23.7% to an estimated 22.6%.

Looking ahead to 2041, the largest numerical gain is anticipated among middle aged and young retiree cohorts, adding 61 residents (16%) to reach 440, whereas young to middle aged adults are projected to decrease.

Frequently Asked Questions - Age

What is the median age in the suburb of Waverley?
AreaSearch estimates the median age in the suburb of Waverley at 35 years as at August 2026. That is in line with the 2021 Census figure of 35 years, on an age profile AreaSearch re-estimates for population change recorded since the Census.
How does the suburb of Waverley's median age compare to broader areas?
At an estimated 35 years as at August 2026, Waverley is 10 years younger than the Regional Tas. 2021 Census average (45 years) and 3 years younger than the national Census average (38 years).
What age groups are over-represented in the suburb of Waverley?
On AreaSearch estimates updated to August 2026, the most over-represented age group in the suburb of Waverley compared to the Regional Tas. region is the 25 - 34 group, making up 16.5% of the population.
What age groups are under-represented in the suburb of Waverley?
On AreaSearch estimates updated to August 2026, the most under-represented age group in the suburb of Waverley compared to the Regional Tas. region is the 65 - 74 group, making up 8.9% 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 Regional Tas. region. The most over-represented age group is 25-34 year-olds (16.5% vs 11.4%). The most under-represented age groups are 85+ year-olds (0.9% vs 2.8%) and 75-84 year-olds (5.1% vs 8.8%).
What is the percentage of children (0-14 years) in the suburb of Waverley?
AreaSearch estimates children aged 0-14 years at 19.4% of the population in the suburb of Waverley as at August 2026.
What is the percentage of older people (65+ years) in the suburb of Waverley?
AreaSearch estimates people aged 65 and over at 14.9% of the population in the suburb of Waverley as at August 2026.

Data & MethodBoundaries, Sources & Method for Waverley (Tas.)

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Sep 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) Aug 2026 last month 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 Aug 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual Aug 2026 last month headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to Aug 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Aug 2026 last month headline measures · Jul 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Sep 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 Sep 2026.
Infrastructure projects Infrastructure Australia, Local governments Daily May 2026 4 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 6 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 last month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 2 months ago headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 2 months ago 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 — 45 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (1,583 at the 2021 Census → 1,678 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 Aug 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 (SAL60724). 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 (Tas.) 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 (Tas.) 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 (Tas.) 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 (Aug 2026), property sales & rents (Sep 2026), infrastructure projects (May 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to Aug 2026), age profile (to Aug 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