Waverley is a suburb which lies within the Territorial Authority of South Taranaki, one of 18 residential suburbs which form the wider region. Waverley is the 5th largest suburb of South Taranaki in terms of the total number of residential housing stock. Waverley provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1890 - 1899. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Waverley is made up of approximately 82% residential housing , 1% residential investment housing and 17% lifestyle properties.