Market snapshot
Suburb insights for Glen Waverley3150
Change suburbGlen Waverley, approximately 19 km southeast of the CBD, is a major suburban centre with a thriving Asian food scene, modern retail precincts such as The Glen, and top-performing schools. The suburb is home to Glen Waverley Secondary College, one of Victoria’s highest-ranking public schools, and is a hub for multinational companies and business parks. With excellent train access, a range of entertainment options, and increasing high-density development, Glen Waverley is a magnet for families, investors, and international students.
Sales data
Median sale price
$1.7mil
Quarterly price change
-5%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Glen Waverley | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,516,900 | $863,000 |
| 4 | $1,702,500 | $980,500 |
| Insight | Glen Waverley | Metro comparison |
|---|---|---|
| Clearance rate | 73.3% | 74.9% |
| Days on market | 36 | 37 |
Rental data
Median weekly rent
$765
Rental yield
2.2%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Glen Waverley | Metro comparison |
|---|---|---|
| 2 | $590 | $595 |
| 3 | $680 | $550 |
| 4 | $800 | $595 |
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