Waverley is a town located in the South Taranaki District in New Zealand. It is 44 km northwest of Whanganui. Patea is 17 km to the west, and Waitōtara is 10 km to the southeast. State Highway 3 and the Marton - New Plymouth Line railway run through the town.

South Taranaki is a territorial authority on the west coast of New Zealand's North Island that contains the towns of Hāwera, Manaia, Ōpunake, Patea, Eltham, and Waverley. The District has a land area of 3,575.46 km2 and a population of 29,600. It is part of the greater Taranaki Region.