Market snapshot

Suburb insights for Mount Waverley3149

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Mount Waverley, approximately 16 km southeast of the CBD, is a spacious and leafy suburb renowned for its wide streets, established homes, and top-performing schools, including Mount Waverley Secondary College. It features two main retail precincts, Mount Waverley Village and Pinewood Shopping Centre, as well as excellent public transport via the Glen Waverley train line. The area is well-served by parks, golf courses, and recreational facilities. Its blend of lifestyle, education and accessibility makes it a consistently high-demand suburb.

Recent sales and auction results in Mount Waverley

AddressBedroomsPriceTypeMethodSale DateAgentListing
2/477 Waverley Rd, Mount Waverley4PriceTownhouseAuction Sale17/07/2026Ray White Judd White Group
37 Hillview Av, Mount Waverley3PriceHousePrivate Sale4/07/2026BuxtonView
2B Paynes Rd, Mount Waverley4PriceTownhousePrivate Sale30/06/2026Jellis Craig Glen Waverley

Sales data

Median sale price
$1.6mil
Quarterly price change
-0.8%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsMount WaverleyMetro comparison
2-$950,000
3$1,450,000$872,000
4$1,635,000$990,000
InsightMount WaverleyMetro comparison
Clearance rate72.9%68.8%
Days on market3442

Rental data

Median weekly rent
$750
Rental yield
2.4%
Metro Melbourne Comparison
$580
3.1%
BedroomsMount WaverleyMetro comparison
2$578$600
3$680$560
4$850$600
Median data for the current quarter
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