Waverley

Peaceful, connected and full of potential.

Waverley is one of Launceston’s quiet achievers. A suburb known for its scenic views, generous blocks, and long-standing sense of community and nestled just minutes from Newstead and Launceston’s CBD. It offers the comfort of suburban life without sacrificing convenience.

Waverley

Room to live, space to breathe

What does life look like in Waverley?

Life in Waverley moves at a friendly pace. Wide streets, leafy surrounds, and larger-than-average blocks give residents the space to grow gardens, entertain outdoors, or simply enjoy a quieter lifestyle. Many homes sit on land that newer suburbs could only dream of, offering rare flexibility – from backyard cricket to future development opportunities.

It’s a suburb where neighbours still wave from their driveways and long-time locals happily share tips on the best walking routes or who grows the best tomatoes. There’s a genuine pride in place here and a feeling of “we look after our own”.

A suburb shaped by space

Places that make Waverley special

Waverley isn’t defined by just one feature but a collection of places that locals love and newcomers quickly fall for.

Waverley Mills

Australia’s oldest working textile mill sits proudly at the heart of the neighbourhood. Waverley Mills is not only an icon but it’s a symbol of resilience, innovation, and local pride. Their luxury wool products are sold around the world, yet they’re designed and made right here in Waverley. For residents, it’s a source of identity and a reminder that world-class craftsmanship is woven into the fabric of this place.

Waverley Lake Park

Perched on elevated land with sweeping views back to Launceston, Waverley Lake Park is where locals walk their dogs, kids learn to ride bikes, and sunsets are best enjoyed with good company. With spacious ovals, walking tracks and playgrounds close by, it’s a go-to space for connection, exercise and everyday joy.

Local walking trails

Waverley is full of gently sloping streets that invite morning walks, afternoon bike rides and impromptu chats with neighbours. Unlike fast-growing suburbs elsewhere, Waverley’s layout still feels open and peaceful, offering room to breathe.

Everyday convenience

While Waverley itself is calm and residential, essentials are never far away. Newstead is just minutes away for groceries, coffee and chemists, while Kings Meadows and Launceston’s CBD offer everything else – schools, restaurants, cinemas and entertainment. You’re never more than a few minutes from whatever you need, but always far enough to feel at ease.

Waverley may feel tucked away, but in actual fact

it’s incredibly well located!

  • 5 minutes to Newstead for supermarkets, cafes, and essentials.
  • 10 minutes to Kings Meadows or Launceston CBD.
  • Quick access to schools, medical centres, and recreation facilities.

A place with history, but ready for its future

A community with roots and room to grow

Many residents have lived in Waverley for decades, and while the suburb has a strong legacy, it’s also quietly evolving. Younger families are moving in, long-held properties are being refreshed or redeveloped, community facilities are being improved, and new infrastructure is on the horizon as part of the St Leonards & Waverley Neighbourhood Plan. Key initiatives include: