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.
Recent sales and auction results in Glen Waverley
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 32 Leicester Av, Glen Waverley | 4 |  | House | Auction Sale | 31/07/2026 | Ray White Mount Waverley | View |
| 8 Melrose Ct, Glen Waverley | 5 |  | House | Private Sale | 4/07/2026 | Jellis Craig Glen Waverley |
Sales data
Median sale price
$1.5mil
Quarterly price change
-10.3%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Glen Waverley | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,490,000 | $872,000 |
| 4 | $1,662,500 | $990,000 |
| Insight | Glen Waverley | Metro comparison |
|---|---|---|
| Clearance rate | 70.2% | 68.8% |
| Days on market | 36.5 | 42 |
Rental data
Median weekly rent
$780
Rental yield
2.3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Glen Waverley | Metro comparison |
|---|---|---|
| 2 | $585 | $600 |
| 3 | $700 | $560 |
| 4 | $850 | $600 |
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