Waverley · Suburb / Locality

Housing & Dwellings in Waverley

Where and how people live — the homes, how they are held, and what they cost.

Monthly mortgage payments of $3,731 in Waverley are far above the national figure, reflecting some of the highest housing costs in the country. This is a high-cost area where renting is common and apartments dominate the landscape. The typical home is smaller than average, with far fewer detached houses than in the rest of New South Wales.

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📍 Waverley, Suburb / Locality

Where Waverley sits — Median rent (weekly)

$630 ▲ +36.7%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Waverley — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
Waverley$630
2024, NSW $655
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are $630, which is far above the Australian average of $375. Mortgage costs are similarly steep; the usual monthly payment is $3,731, which is $1,564 more than the typical New South Wales home loan.

$630 ▲ +36.7%

Higher than 99% of suburb / locality areas.

  • 2011: $461
  • 2016: $550
  • 2021: $630

Median weekly rent paid by households renting their home.

$3,731 ▲ +24.4%

Higher than 98% of suburb / locality areas.

  • 2011: $3,000
  • 2016: $3,000
  • 2021: $3,731

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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Waverley splits fairly evenly between $550–$749 (34%) and $750 or more (33%), with $350–$549 at 24%.

Monthly mortgage distribution

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In Waverley, $3,000 or more is the majority at 63%; $1,800–$2,999 is next at 17%.

Owning & renting

How homes are owned or rented.

Renting is much more common here than in most areas, with 42.5% of households renting compared to 30.6% nationally. Conversely, the share of homes owned outright is 22.6%, which is well below both the state and national figures.

42.5% ▼ -4.3%

Higher than 89% of suburb / locality areas.

  • 2011: 44.4%
  • 2016: 47.4%
  • 2021: 42.5%

Share of occupied private dwellings that are rented.

22.6% ▼ -13.2%

Lower than 88% of suburb / locality areas.

  • 2011: 26.0%
  • 2016: 23.3%
  • 2021: 22.6%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Waverley, the largest group is Rented at 43%, followed by Owned with a mortgage (29%) and Owned outright (23%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Apartments and flats make up 54.6% of all homes, and separate houses are far less common here than across Australia. Because only 40.4% of homes have three or more bedrooms, there are more people per bedroom than in most areas.

1.00 ▼ -16.7%

Higher than 89% of suburb / locality areas.

  • 2011: 1.20
  • 2016: 1.00
  • 2021: 1.00

Average number of usual residents per bedroom — a crowding measure.

17.4% ▼ -1.5%

Lower than 99% of suburb / locality areas.

  • 2011: 17.7%
  • 2016: 16.4%
  • 2021: 17.4%

Share of occupied private dwellings that are separate houses.

40.4% ▲ +20.5%

Lower than 96% of suburb / locality areas.

  • 2011: 33.5%
  • 2016: 36.9%
  • 2021: 40.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Waverley, Flat or apartment is the majority at 55%; Townhouse / semi-detached is next at 26%.

Bedrooms per home

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In Waverley, the largest group is 2 bedrooms at 40%, followed by 3 bedrooms (23%) and 1 bedroom (16%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Waverley

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Waverley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL14217/waverley/topic/housing-dwellings