Kurtley Beale will return home to the Waratahs in 2018, after a season in England playing club rugby with the Wasps.
The news comes after Wasps confirmed that Beale would return to Australia at the end of the season, following the conclusion of his one-year deal with the club.
Waratahs CEO, Andrew Hore, said the team was excited to have such an experienced player returning to the NSW Waratahs family.
"Kurtley came through the NSW Rugby Union ranks through schoolboy rugby at St Joseph’s College and went on to be a valuable team member of the NSW Waratahs," Hore told the Waratahs website.
"He’ll bring to the team great on-field leadership and add more experience to an already expansive attacking threat.
"We are pleased for Kurtley that he had the opportunity to gain the international experience and we look forward to welcoming him back into the fold in 2018," he said.
Beale best known at the Waratahs for the key role he played in the team’s first Super Rugby Championship title in 2014, where he produced eight tries.
Growing up in Mt Druitt in Western Sydney before representing Australia in the School Boys U20, Beale went on to earn 110 caps for the NSW Waratahs.
"It's great to be heading back to Australian Rugby. I'm really looking forward to getting back home to the NSW Waratahs but also hopefully pull on the Gold jersey later this year as well."
"I think the best place for me and my rugby right now is in Australia and I love what Cheik (Michael Cheika) is doing with the Wallabies.
"l have to say thank you to Wasps though, for the opportunity they have given me and my partner and I have learned a lot about rugby and myself. It's been a great experience," Beale said.