Waverton is located 4 kilometres north of the Sydney central business district, it has a village-like collection of shops around the railway station, including an IGA supermarket, bottle shop, butcher, dry cleaners, chemist and several restaurants and cafes.
Waverton railway station is on the North Shore, Northern & Western Line of the Sydney Trains network. The naval base HMAS Waterhen is located on Balls Head Road.
Balls Head Reserve, the bushland peninsula, is a popular picnic destination especially when there are harbour fireworks. Its one-way road system also forms part of a favoured route for walkers and joggers. Waverton Park, on the banks of Berry's Bay with stunning views of Sydney Harbour, is another recreation focal point.