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Waverley Suburb Insights
VICLocation Information
Suburb Name
Waverley, VIC
Distance from CBD
14.4 kmDemographics
Population
4,346
Median Income
$54,496
Area Information
Area
0.6 km²
Population Density
7243 people/km²
Property Market
Median Price
$948,033
Annual Growth
+15.9%Property Price Trend Analysis
Current Median Price
$948,033
Annual Growth
+15.9%
Quarterly Growth
+4%
Price Trends - Last 6 Months
2024-01
$561,969
+7.7%2024-02
$543,670
+8.5%2024-03
$679,760
+12.2%2024-04
$572,303
+7.4%2024-05
$949,885
+18%2024-06
$1,127,524
+13.1%Property Type Price Analysis
House
Median Price
$936,162
Growth Rate
+5.9%Available Listings
462 properties
Apartment
Median Price
$424,177
Growth Rate
+6.9%Available Listings
325 properties
Townhouse
Median Price
$544,217
Growth Rate
+16.1%Available Listings
245 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy