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Waverton

POSTAL CODE: NSW, 2060
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A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 14.83% growth over a ten-year period. It ranks 3803rd on our list of suburbs that property investors should look into.

WAVERTON, 2060 has a capital gain of 0% for the past year, which is lower than average compared to its 164.32% growth within a five-year period.

With the median home price in WAVERTON sitting at $5,815,000, and the average rent at $860, property owners could potentially earn a 0.77% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WAVERTON are low, as opposed to average gains per annum over the past five years.

WAVERTON, 2060 in NSW belongs to the local government area of North Sydney.

Surburb overview

Waverton is a suburb on the Lower North Shore and part of the local government area of the North Sydney Council. Located 4 kilometres north of the Sydney CBD, the suburb occupies approximately 71 hectares and is bounded by King Street, King Lane and Crows Nest Road in the north, the Pacific Highway, the suburb of North Sydney, Ancrum Street, Euroka Street and Commodore Crescent in the east, Berrys Bay in the south, and Balls Head Bay in the west.

ABOUT WAVERTON

History

Sydney’s North Shore was originally inhabited by the Birrabirragal, Boregal, Kuringgai, Wallumedegal, Gorualgal and Cammeraygal Aboriginal people.

Between 1794 and 1814, the first European settlement was recorded across the land now known as the local government areas of Hornsby Shire, Ku-ring-gai Council, Municipality of Lane Cove, Mosman Council, City of Willoughby, Municipality of Hunters Hill and North Sydney Council. The LGAs were named after notable European settlers, including Police Constable Samuel Horne, John Lane, Archibald Mossman, Sir James Willoughby Gordon, Captain John Hunter, and 1st Viscount Sydney Thomas Townshend. Only the Ku-ring-gai Council was named after its original inhabitants, the Kuringgai Aboriginal people.

Based on the Cumberland County mapping from 1792 to 1894, four local government areas were derived from the Parish of Willoughby, including the City of Willoughby, Mosman Council, Municipality of Lane Cove and North Sydney, which was formerly known as St Leonards.

Waverton was named as such in 1929 after the Waverton Estate, which was owned by Robert Old, one of the early residents of the suburb. 

The Waverton railway station on the North Shore railway line was part of the southward extension from St Leonards to Milsons Point that was built in 1893. Today, it joins The Coal Loader as one of the heritage-listed sites in North Sydney.

During the post-war years, the rest of North Shore also saw the most significant development, with population and medium- to high-density housing growing rapidly. Several suburbs stood out as growth centres, including Castle Hill, Cherrybrook, Dural, Gordon, Killara, St Ives, Turramurra, Wahroong, Chatswood, Artarmon, St Leonards and North Sydney, 

The 21st century saw urban consolidation across the region, with multiple infrastructure, transport systems and different types of dwellings built to support the needs of the 400,000-strong population of the entire North Shore area.

Demographics

As of 2019, Waverton is home to 3,339 people, with an average population density of 46.94 persons per hectare. Australia-born citizens represent 57.4 per cent of the local population, with other residents born in England, China, New Zealand, Hong Kong and India. About 71.4 per cent of people spoke only English at home, while others speak Mandarin, Cantonese, Japanese, Spanish and German.

LIFESTYLE

Waverton offers a village-like ambience as a harbourside locale, boasting harbour walks, expansive green space, foreshore parks and stunning harbour views, as well as accessibility to Sydney’s business hubs. 

Although predominantly residential, the suburb is well-connected with Crow’s Nest vibrant culture, North Sydney’s business district and St Leonards medical precinct. Further, a 10-minute train ride will bring its residents to Sydney City.

The quiet and laidback lifestyle, with a train station within walking distance to boot, has long attracted families and young professionals to the suburb as they seek to enjoy vibrant hubs, prestigious schools, a thriving cafe and dining scene, a wide variety of shops and other everyday conveniences. 

Public transport

All local government areas in the North Shore region are serviced by the Pacific Highway. 

Hornsby Shire and Ku-ring-gai Council are served by the Sydney-Newcastle Freeway while the Lane Cove Council is served by the Lane Cove Tunnel, the City of Willoughby served by the Gore Hill Freeway, the North Sydney Council served by the Bardfield Highway and Warringah Freeway and Hornsby Shire served by the Hills (M2) Motorway, and Pennant Hills Road.

The North Shore railway line runs through Hornsby Shire, Ku-ring-gai Council, the City of Willoughby and the North Sydney Council, while the Northern and Central Coast & Newcastle railway lines run through Hornsby Shire.

North Shore, Northern & Western Line provides access to the Sydney CBD, while ferries connect harbourside suburbs to Circular Quay and the CBD. Transdev NSW and State Transit Authority provide bus services across Upper North Shore and Lower North Shore, respectively.

Waverton Railway Station is on the North Shore & Western Line of the Sydney Trains network.

T1 North Shore line services multiple suburbs from Chatswood north to Hornsby, including Chatswood, Roseville, Lindfield, Killara, Gordon, Pymble, Turramurra, Warrawee, Wahroonga, Waitara and Hornsby. Meanwhile, railway stations within Lower North Shore serve Milsons Point, North Sydney, Waverton, Wollstonecraft, St Leonards, Artarmon & Chatswood. 

The upcoming Sydney Metro, which is expected to commence operations in 2019, will run through Chatswood and Crows Nest, linking Sydney’s North West and South West to Sydney City.

Schools and universities

Some of the most notable schools across Sydney’s North Shore are:

  • TAFE NSW Northern Sydney Institute (Hornsby College)
  • TAFE NSW Northern Sydney Institute (St Leonards Campus)
  • TAFE NSW Northern Sydney Institute (Bradfield Senior College)
  • The Northern Sydney Institute (McMahons Point Campus)
  • Australian Catholic University (North Sydney - MacKillop Campus)
  • Sydney Church of England Grammar School
  • St Joseph’s College

Hospitals

Among the major hospitals in North Shore are:

  • Sydney Adventist Hospital (The SAN)
  • Lady Davidson Private Hospital
  • Hornsby Ku-ring-gai Hospital
  • HammondCare McMahons Point Hospital
  • Royal North Shore Hospital
  • North Shore Private Hospital
  • The Mater Hospital

Landmarks

Some of the major landmarks across North Shore are:

  • Luna Park
  • Tambourine Bay Gospel Chapel
  • Lane Cve National Park
  • North Sydney Circle Walk
  • Sydney Harbour Bridge
  • Great North Walk
  • Parramatta River Regional Park (Bedlam Bay)
  • The Priory
  • Sydney Harbour National Park
  • HMAS Penguin Naval Base
  • Taronga Zoo
  • Mosman Art Gallery

Shopping centers

Some of the major shopping centres and shopping districts across North Shore are:

  • St Ives Village Shopping Centre
  • Westfield Hornsby Shopping Centre
  • Hornsby Mall
  • Lane Cove Plaza
  • Lane Cove Market Square
  • Chatswood Chase Shopping Centre
  • Westfield Chatswood Shopping Centre
  • Chatswood Central
  • Bridgepoint Shopping Centre
  • Waverton Village shopping centre

Sports and recreation

North Shore’s residents and visitors enjoy several sports activities, including golf and swimming. The region is home to notable sports centres, such as the North Sydney Olympic Pool and North Sydney Oval.

Other sports centres in Sydney’s North Shore are:

  • Balls Head Reserve
  • Waverton Park
  • Asquith Golf Club
  • Pennant Hills Golf Club
  • Thornleigh Brickpit Sports Stadium
  • Hornsby Aquatic and Leisure Centre
  • Galston Aquatic and Leisure Centre
  • Lane Cove Aquatic Centre
  • Lane Cove Golf Course
  • Castlecove Golf Club 
  • Chatswood Golf Club
  • Northbridge Golf Club
  • Mosman Swim Centre
  • Cammeray Golf Course
  • North Sydney Olympic Pool
  • North Sydney Oval



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