2. TAS
  3. Launceston

Houses Units

Here you can find what you need to know about Waverley, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$380K Median Sale Price (National Average $485k) 166th In TAS
8.57% Median Sale Price Change (1yr) (National Average 4.30%) 21st In TAS
$420pw Median Rent (National Average $395) 95th In TAS
5.8% Median Gross Yield (National Average 4.24%) 7th In TAS

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Waverley, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Waverley, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Waverley, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Waverley


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State Auction Clearance Rates


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Suburb Information

Waverley, TAS 7250

Part of: Launceston Council No data available

The size of Waverley is approximately 10.7 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Waverley in 2011 was 1,545 people. By 2016 the population was 1,492 showing a population decline of 3.4% in the area during that time. The predominant age group in Waverley is 50-59 years. Households in Waverley are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Waverley work in a labourer occupation. In 2011, 59.6% of the homes in Waverley were owner-occupied compared with 59% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Waverley

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Waverley   for Houses in last 12 months


There have been 23 Houses sold in Waverley in the past 12 months with a median sale price of $380K, up 8.6% annually. It takes on average 40 days to sell with vendor discounting of -5.2%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Waverton NSW, 2060 Unavailable $3,623,500 $800pw 1.1% View Suburb Profile
Albion VIC, 3020 -7.50% $740,000 $460pw 3.2% View Suburb Profile
Ravenswood TAS, 7250 4.35% $360,000 $380pw 5.5% View Suburb Profile
Denistone East NSW, 2112 7.15% $2,368,000 $900pw 2.0% View Suburb Profile
Mayfield TAS, 7248 -9.47% $330,000 $390pw 6.2% View Suburb Profile
Lyons NT, 0810 -5.03% $755,000 $850pw 5.8% View Suburb Profile

Currency

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