Median price trend for houses
Based on 28 sales in the preceding 12 months
$535,000
Up 21.6% over 12 months
- 2 bed
- $315k
- 3 bed
- $540k
Aerial view
Imagery © Esri
The quick read on
Waverley
TAS 7250 · Launceston
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $535,000
- Population
- 1,583
- Postcode
- 7250
latest suburb median
ABS 2021
Waverley, Tasmania
Property market insights for Waverley (Tas.)
Median sale price and rental income of properties in Waverley (Tas.) TAS
Median rent trend for houses
Based on 29 rental listings in the preceding 12 months
$525 per week
Up 23.5% over 12 months
Market data updated October 2026.
The median house price in Waverley (Tas.), TAS is currently $535,000, based on the latest 12 months of sales. Waverley (Tas.) has a 12-month growth rate of 21.6% for houses and -20.4% for units.
Two-bedroom houses have a median sale price of $315,000, Three-bedroom houses have a median sale price of $540,000 in Waverley (Tas.).
If you're looking to lease, the median rent for houses in Waverley (Tas.) is $525 per week. The median house rent has increased 23.5% over the last 12 months.
The median rent for units and apartments in Waverley (Tas.) is $450 per week and has increased 20.0% over the last 12 months.
Crime and safety
Is Waverley safe?
The overall rate for Waverley is 5,097 offences per 100,000 residents — 57% below the Rest of Tas. benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Waverley.
Overall crime rate
5,097
offences per 100,000 residents
57% belowRest of Tas.
WaverleyRest of Tas.: 11,845
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Waverley?
Waverley TAS 7250 is in Tasmania, within Rest of Tas..
1,583 people call Waverley home, with an average of 2.3 people per household and a median household income of $1,007 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 1,583
- Median age
- 35 years
- Median mortgage
- $867 / month
- 2021 household rent
- $237 / week
Above the benchmarkBelow the benchmarkIn lineRest of Tas. benchmark
Age profile
Share of residents in each age band.
Under 1519.3%Above
15–3429.1%Above
35–5424.1%In line
55–7421.5%Below
75 and over5.7%Below
Homes
Share of occupied private dwellings.
Separate houses83.9%Below
Townhouses14.0%Above
Apartments2.0%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright27.5%Below
Paying a mortgage33.0%In line
Renting39.5%Above
Cars at home
Vehicles available to occupied households.
No car8.7%Above
One car39.5%Above
Two cars32.2%Below
Three or more19.5%Below
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home2.0%Below
Drove to work71.5%Above
Train, tram or bus1.3%In line
Walked or cycled1.8%Below
What stands out in Waverley
2.0% of workers in Waverley worked from home on Census day — about half the rate across Rest of Tas..
58.0% of people in Waverley described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Waverley
Open any question for a plain-English reading of the public 2021 Census for Waverley TAS 7250.
Is Waverley family-friendly?Age, family structure and household size describe the community families would be joining.
19.3% of Waverley's residents were children under 15 in the 2021 Census. That is somewhat above the Rest of Tas. average.
421 family households lived in Waverley; 30.9% were couple families and 33.7% were one-parent families.
41.6% of local families included children under 15. That is well above the Rest of Tas. average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Waverley?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Waverley had 1,583 residents at the 2021 Census.
30.2% of residents were aged 25 to 44.
27.2% were 55 or older. That is well below the Rest of Tas. average.
Age shares use the suburb’s total Census population.
What kind of homes are in Waverley?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 83.9% of occupied private dwellings in Waverley.
Townhouses and other attached homes represented 14.0% of occupied private dwellings.
Flats and apartments accounted for 2.0% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Waverley?Tenure shows how many households own outright, have a mortgage or rent.
27.5% of households with a stated tenure owned their home outright. That is well below the Rest of Tas. average.
33.0% were buying their home with a mortgage.
39.5% rented their home. That is well above the Rest of Tas. average.
Tenure shares include households that stated one of these three arrangements.
How large are households in Waverley?Household-size data shows the mix behind the suburb-wide average.
The average household in Waverley had 2.3 people.
One-person households made up 31.5% of occupied homes. That is close to the Rest of Tas. average.
Two-person households represented 35.2%, while 20.2% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Waverley?Census-day travel shows the balance between home, road, public transport and active travel.
2.0% of workers worked from home on Census day. That is about half the Rest of Tas. rate.
71.5% drove a car as their only travel method. That is somewhat above the Rest of Tas. average.
1.3% used only a train, tram or bus, while 1.8% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Waverley?Vehicle availability helps describe the routines local households can support.
8.7% of occupied households had no motor vehicle available. That is somewhat above the Rest of Tas. average.
One-car households formed 39.5% of the total.
51.7% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Waverley, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
66.4% were at the same address five years earlier, while 33.6% reported a different address.
4.7% of residents were born outside Australia. That is about half the Rest of Tas. rate.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Waverley?Language at home gives a direct view of the community’s everyday linguistic mix.
92.7% of residents used only English at home.
1.5% used a language other than English at home.
0.3% spoke Mandarin at home, 0.0% spoke Cantonese and 0.0% spoke Hindi.
Home language is separate from English proficiency.
Where were Waverley residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
4.7% of Waverley's population was born outside Australia, while roughly 95.3% was born in Australia.
0.0% of residents were born in China.
0.8% were born in India, while Australian citizenship across the whole suburb stood at 91.7%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Waverley?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 46.2% of ancestry responses in Waverley.
Australian ancestry made up 50.3% of responses.
Chinese ancestry represented 0.3% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Waverley?Occupation describes a person’s role; industry describes the sector employing them.
5.7% of employed residents worked in professional occupations. That is about half the Rest of Tas. rate.
Managers accounted for 4.6% of employed residents, while clerical and administrative workers made up 8.5%.
Health care and social assistance employed 15.7% of workers, and education and training employed 6.5%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Waverley?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 55.1%, compared with 55.7% across Rest of Tas..
25.7% of residents aged 15 and over worked full time, while 18.4% worked part time.
Unemployment was 12.8%, compared with 5.6% across Rest of Tas..
Labour-force figures come from the 2021 Census.
What does the health profile of Waverley show?Selected long-term health conditions help describe community service needs.
48.8% reported no selected long-term health condition.
15.7% reported a long-term mental health condition, including depression or anxiety.
13.6% reported asthma, 11.1% arthritis and 7.6% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Waverley?Qualifications describe the study pathways represented among local residents.
8.9% of people in the qualifications table held a bachelor degree. That is about half the Rest of Tas. rate.
Postgraduate degrees accounted for 3.6% of qualification responses.
Diploma-level qualifications represented 9.8%, while certificate-level qualifications represented 56.8%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Waverley?Census income and household payments give historical context for local living costs.
Median household income was $1,007 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $867.
Occupied renting households reported a median rent of $237 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Waverley compare with Rest of Tas.?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 2.0% in Waverley, compared with 7.9% across Rest of Tas..
Outright ownership was 27.5% locally and 41.1% across Rest of Tas.. That is well below the Rest of Tas. average.
Renting accounted for 39.5% in Waverley, against 25.6% across Rest of Tas..
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Waverley (Tas.)
Is Waverley (Tas.) expensive?
The median house price is $535,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Waverley (Tas.) good for families?
The Census counted 421 local families, and 19.3% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Waverley (Tas.)?
3-bedroom houses have a median around $540,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Waverley (Tas.)
38 streets in Waverley (Tas.)
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Allwinton Ct
- Anson St
- Bibra Pl
- Boomer Rd
- Brookes Ct
- Bunbury St
- Carins St
- Carlisle St
- Craig St
- Dalkeith St
- Eldon St
- Emita Pde
- Faraday St
- Fountaindale Street
- Fryett St
- Hogarth St
- Humphrey St
- Innaloo St
Show all 38 streetsShow fewer streets
- Jennings Court
- Kigoma St
- Magnet St
- Naroo St
- Norah Street
- Parangana Pl
- Pritchard St
- Ravenswood Rd
- Regent St
- Regent Street
- Renfern St
- Skemp St
- St Leonards Rd
- Swanston Dr
- Tasman Hwy
- Tattersall St
- Waverley Rd
- Whitemark Pl
- Yarloop St
- Yollar Pl
12 suburbs surrounding Waverley (Tas.)
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Waverley (Tas.) right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.