- Open Prize: $15,000 and acquisition into the Waverley Council Collection
- The Mayor’s Prize: $2,000 and acquisition into the Waverley Council Collection
- The Local Prize: $1,000 non-acquisitive sponsored by WWAS
- The People’s Choice Prize: $500 non-acquisitive
The Waverley Art Prize has been running since 1986 as a painting and drawing prize. In 2022, the sixty Finalist featured at the inaugural exhibition at the Bondi Pavilion Gallery.
The Waverley Art Prize is a prize aimed at early to mid-career artists. The Open Prize and Mayor’s Prize-winning works are acquired in the Waverley Council Collection and this year marks the introduction of the new Local Prize section, sponsored by Waverley Woollahra Art School.
Funds raised through the art prize help support Waverley Woollahra Art School to sustain their role as the longest running artist run initiative in Waverley. This year is the 38th anniversary of the Waverley Art Prize.