If you compare the increase in value of investment property in Waverley, 2024 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.73%.
Waverley,2024 was ranked 122 in Australia by increase in median property value over the quarter.
In the last year 23 properties changed hands in Waverley, which puts it as the 991th most active market in NSW when comparing the number of sales per suburb.
Situated 5.95km from the CBD, Waverley is one of Waverley (A) localities in the postcode 2024.
Property value increases in Waverley have tracked lower than the NSW average of -0.92% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Waverley comes in at number 534th in NSW.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 6.90%, without taking into account capital value appreciation, which has been averaging out at 0.99%.