Waverley has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.25% to date .
Comparing Waverley,2024 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
With the median price for a house in Waverley being $2405000 and the advertised rent reaching $1295 the gross rental yield for property investors calculates out to be 2.80%
Over the last year, property investments in Waverley, 2024 have given investors a capital gain of -9.84%. This compares very badly with the 6.98% for NSW as a whole.
Over the longer term, Waverley has seen property prices show investors a 49.06% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Waverley 2024 should be seeing an average reduction in asking price of around -5.82% . This means that Waverley is holding prices well when compared to other suburbs in NSW.
At number 575 in a list of fastest selling suburbs, Waverley is in the TOP 40% of suburbs in Australia with an average of days on market 61.9 for properties listed there.
With the median price for a house in Waverley being $875000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 3.86%