Waverley
Suburb profile, market snapshot and recent listings for Waverley, TAS 7250.
About Waverley
Welcome to Waverley
Market snapshot
Waverley property market
Median sale price
$488k
House · 3 bed
Median rent
$495
per week
Gross rental yield
5.3%
annual rent ÷ sale price
Typical price range
Entry
$423k
Median
$488k
Premium
$580k
Days on market
16
Auction clearance
0%
Sold this year
21
Median sold price trend · House 3 bed
Compound growth +5.2% / yr over 4 yrs
Property types on market
Share of current listings in Waverley by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Waverley, TAS 7250.
Population
1,583
residents (2021)
Median age
35
years
Household income
$1,007
median, per week
Median rent
$237
per week
Median mortgage
$867
per month
Mortgage / income
20%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Waverley
Government school catchment
Recent results
Recently sold in Waverley
$550k
9 Fryett Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Waverley
Compare the area
Price map around Waverley
Every listing for sale near Waverley, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Nearby suburbs
Quick switch to nearby areas
Common questions
Waverley suburb FAQ
What is the median property price in Waverley?
The median house price in Waverley, TAS is $488k for a 3-bedroom home. Over the past year, median sold prices have risen about 14.7%.
How much is rent in Waverley?
The median weekly rent in Waverley is around $495 per week.
Is Waverley a good place to live?
Waverley is a rural/residential locality in the local government area (LGA) of Launceston in the Launceston LGA region of Tasmania. Waverley is an established residential suburb in TAS, with a population of around 1,583 and 1 school in the area.
What is the population of Waverley?
Waverley has a population of 1,583 (ABS 2021 Census), with a median age of 35.
What schools are in Waverley?
There is 1 school in or near Waverley, including Waverley Primary School.
How long do homes take to sell in Waverley?
Properties in Waverley take around 16 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Waverley?
Entry-level properties in Waverley start around $423k, while premium homes reach $580k.
What suburbs are near Waverley?
Suburbs near Waverley include St Leonards, Norwood, Ravenswood, Newstead and East Launceston.
Available now