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5.7 km from CBD
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True annual cost of living in Waverley, NSW 2024

Living in a house in Waverley costs about $6,592 a year: council rates, water and sewerage, commute and home insurance combined. Waverley sits 5.7 kilometres from Sydney CBD. Unit costs reach $7,772, with the $2,600 body corporate levy accounting for the entire difference between the two. Switching from driving to public transport saves $70 per year at this distance.

Last updated July 2026 · Waverley Council rates 2026-27, ATO 91c/km, AER electricity benchmarks

3 key insights

Cheaper to run than 78% of Waverley suburbs, about 5% below the regional average.
The commute is the biggest expense at $1,850, roughly 28% of the annual total.
Switching from driving to public transport saves $70 a year.
Get the free report: 10-year costs, flood & fire risk, crime, schools and overall verdict →
Lower cost
House annual cost
$6,592
Driving · per year
$549/month
Unit annual cost
$7,772
Incl. body corporate
$648/month
House vs unit difference
+$1,180
Unit costs more per year

Annual cost breakdown

Council rates
Waverley rates (OLG 2024-25 + IPART 2026-27 peg) · average rate
$1,344
Water & sewerage
Sydney Water 2026-27
$1,548
Driving commute
ATO 91c/km · 5.7km from CBD · 192 days
$1,850
Home insurance
Estimated · flood Low · fire Low
$1,850
Total annual running cost
$6,592
($549/month)
↓ 5% below Waverley average
SuburbCost affordability score ●●●●○ 8.9/10 Excellent
Cheaper to run than 78% of Waverley suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).

Estimated electricity cost

typical 2-person household
House
$2,342/yr
5,238 kWh
Unit
$1,909/yr
3,929 kWh
Estimated from AER residential benchmarks for Waverley's climate zone at 2026-27 regulated prices for its electricity network. Get the free report for a breakdown by your exact number of occupants.

Getting around Waverley

within a 2 km walk
Nearest stop
Bondi Junction Interchange, 1,350 m away, about a 17 minute walk. It is a bus stop.
Nearest hospital
The Sydney Clinic, 429 m away, about a 5 minute walk.
Supermarkets
14
Cafes
103
Parks
54
Counted from OpenStreetMap via Overpass inside a 2 km walking radius of the suburb centre, built 2026-08-07. Distances are straight line from that centre, so a specific address can be closer or further. Mapping is contributed and can lag a new opening.

Compare Waverley with another suburb

Frequently asked questions about Waverley

Is it cheaper to drive or take public transport from Waverley to the CBD?

Driving saves Waverley residents $70 per year. Annual commute cost by car is $1,850 versus $1,920 by public transport using the Opal network.

What are the council rates in Waverley?

Waverley falls under Waverley Council. The average residential rate for 2026-27 is $1,344 per year for an owner-occupied house, based on OLG data uplifted by the council's IPART rate peg. Individual properties pay more or less depending on land value. Unit owners in strata schemes pay $1,344 per year. These figures cover the general rate only and exclude waste and cleansing charges.

What does it cost to run a unit in Waverley?

Running a unit in Waverley costs approximately $7,772 per year by car or $7,842 by public transport. This includes council rates of $1,344, water and sewerage $1,548, estimated body corporate levy of $2,600, and contents insurance of $430. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.

Is Waverley close to public transport?

The nearest scheduled service to the centre of Waverley is Bondi Junction Interchange, a bus stop about 1,350 m away, about a 17 minute walk. That is measured from the suburb centre, so an individual address can be nearer or further. The commute figure used in the running cost on this page assumes driving, not this service.

What is the closest hospital to Waverley?

The closest hospital to the centre of Waverley is The Sydney Clinic, about 429 m away, about a 5 minute walk. Distance is straight line from the suburb centre and does not account for the road route or whether the hospital has an emergency department.

What shops and parks are in Waverley?

Within a 2 km walk of the centre of Waverley there are 14 supermarkets, 103 cafes and 54 parks. These counts come from OpenStreetMap via Overpass, which is contributed mapping and can lag a recent opening or closure.

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Data sources: Council rates: Waverley rates (OLG 2024-25 + IPART 2026-27 peg). Water: Sydney Water 2026-27. Commute: ATO cents per kilometre rate 2026–27 (91c/km). Insurance: AI-estimated, disclosed as estimate. Schools: ACARA ICSEA 2025. Risk: Fire: NSW RFS Bush Fire Prone Land. Flood: modelled from 30m elevation (topographic). Data updated 2026-07.
Cost estimates are for comparison purposes only and do not constitute financial, insurance, or credit advice.