Glen Waverley VIC 3150

Here you can find what you need to know about Glen Waverley, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.3m Median Sale Price (National Average $485k) 75th In VIC
-7.28% Median Price Change (1 yr) (National Average 4.30%) 2580th In VIC
$520pw Median Rent (National Average $395) 129th In VIC
2.1% Median Gross Yield (National Average 4.24%) 588th In VIC
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Properties sold 440
Average discounting -5.62%
Average Days on Market 55
Stock on Market 126 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Glen Waverley, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Glen Waverley, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Glen Waverley, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Glen Waverley


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Latest Auction Results for Glen Waverley as at 19 May 2019

Property Details
Sale Price
3Bed / 2Bath / Car / House
-
4Bed / 2Bath / 2Car / House
$1,072,500
5Bed / 3Bath / Car / House
$1,900,000
3Bed / 2Bath / 2Car / Unit
-

State Auction Clearance Rates - May 2019

Auctions Clearance rate
VIC 427 63%
ACT 32 56%
NSW 270 61%
NT 9 0%
QLD 75 39%
SA 81 44%
TAS 3 0%
WA 29 25%

Local Schools


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Suburb Information

Glen Waverley, VIC 3150

Part of: Monash Council No data available

The size of Glen Waverley is approximately 16.8 square kilometres. It has 48 parks covering nearly 6.7% of total area. The population of Glen Waverley in 2011 was 39,204 people. By 2016 the population was 40,331 showing a population growth of 2.9% in the area during that time. The predominant age group in Glen Waverley is 10-19 years. Households in Glen Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation. In 2011, 76.4% of the homes in Glen Waverley were owner-occupied compared with 72.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Glen Waverley

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Glen Waverley   for Houses in last 12 months


There have been 429 Houses sold in Glen Waverley in the past 12 months with a median sale price of $1.2M, up -8.09% annually. It takes on average 56 days to sell with vendor discounting of -5.78%.

Streets in Glen Waverley


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