Municipality of Waverley
Home to the Iconic Bondi Beach, Bondi to Tamarama & Bronte walks; Waverley is one of the worlds most well known and picturesque Local Government Areas.
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Waverley Council is also known as being one of the most affluent in all of Australia, with many properties selling for above $20 million, and billionaires living within the Council Region.
Waverley - Suburb Profiles
Waverley North Sydney
ROSE BAY, NSW 2029 SUBURB PROFILE
One of the larger suburbs in the Waverley Local Government Area, Rose Bay is a suburb of open space, tranquillity and class.
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Rose Bay residents enjoy perhaps the best lifestyle location in the region; close to Bondi, close to the CBD, great bus & ferry transport, large parks, golf courses and great beaches & waterways within the suburb. Rose Bay also has a small shopping village within two sections of the suburb.
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There are many good private and public schools within the suburb and neighbouring suburbs, which are all easily accessible to residents who often send their children to top private schools nearby.
It should be noted that there is a large Jewish Population in Rose Bay and particularly neighbouring Dover Heights. Kosher products can be found in most grocery stores as well as there being Jewish Schools such as Kesser Torah & Moriah College nearby.
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There are many business owners within Rose Bay, particularly IT & Property Developers as well as many people within professional services.
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Houses in Rose Bay perform at above 8.5% growth, but this is largely dependent on the pocket that they are within. Blocks closer to the harbour often perform closer to 10% year on year. Yields often sit between 1.5-2.5% and vacancy rates are between 1-2%.
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Rose Bay is a suburb with some quite large blocks, which are developable and upgradeable, meaning developers often see Rose Bay as a great source suburb in the East.
It is important that you have an appropriately experienced Buyers Agent in Rose Bay due to this, to assist you in purchasing the correct stock at the correct price.
VAUCLUSE, NSW 2030 SUBURB PROFILE
Vaucluse is perhaps one of the best known prestigious suburbs of the East. It is almost entirely compromised of single detached dwellings on large blocks, some above an acre.
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Residents of Vaucluse are quite active, and often spend their time exercising throughout the suburb. A particularly popular walk is the Waverley Cliff walk.
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As a wealthy suburb, almost all young people are sent to extremely prestigious schools throughout the Eastern Suburbs or nearby Jewish Schools.
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Residents also enjoy shopping locally in nearby Rose Bay or Paddington and sometimes go to Bondi Junction or the CBD.
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Employment alike to most of the East is within professional services, management or business ownership.
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Vaucluse is a suburb of many long term residents, particularly in the desired pockets overlooking the harbour. Growth is high at above 9%, though due to extremely high prices yield is often between 1.5-2%. Vacancy rates usually sit between 0.5-1.5%.
Vaucluse is often known as one of the most expensive suburbs to lease in Australia.
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Vaucluse is a known suburb not to only domestic Australians, but also Internationals. Many suburb records here have been broken by wealthy migrants, meaning prospective buyers need to have their strategy in check. For this reason, having a Buyers Agent in Vaucluse is critical to your success.
