Investment property in Waverley has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.56%
Across a shorter period, Waverley, 2024 has seen a median price increase of 6.58% over the last quarter.
Sellers are offering property buyers an average discount of -18.52% to buyers in Waverley at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $995 and the average annual increase in value of a median property of 9.12%, investors should hope to achieve an overall return of 2.17%
Waverley has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 34.34% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Waverley has increased when compared to the 5 year average annual rate.
Advertised rents are around the $695 mark per week – giving a return of 3.54% based on the median price in Suburb