Market snapshot
Suburb insights for Mount Waverley3149
Change suburbMount 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 1/2 Fletcher Ct, Mount Waverley | 4 |  | Townhouse | Auction Sale | 12/06/2026 | Ray White Mount Waverley | View |
| 1/38 Illuka Cr, Mount Waverley | 4 |  | Townhouse | Auction Sale | 12/06/2026 | Jellis Craig | View |
| 2/22 Marsham Rd, Mount Waverley | 3 |  | House | Auction Sale | 12/06/2026 | Professionals First & Co | View |
| 2/4 Rae St, Mount Waverley | 3 |  | Townhouse | Auction Sale | 12/06/2026 | Buxton | View |
| 526 High Street Rd, Mount Waverley | 3 |  | House | Sold Before Auction | 10/06/2026 | Ray White Mount Waverley | View |
| 2/4 Cameron St, Mount Waverley | 2 |  | Unit | Sold Before Auction | 2/06/2026 | Jellis Craig | View |
| 2/40 Leonie Av, Mount Waverley | 4 |  | Townhouse | Auction Sale | 12/06/2026 | Biggin & Scott Glen Waverley | View |
| 2/7 Melville Ct, Mount Waverley | 2 | | House | Passed in at Auction | 12/06/2026 | Ray White Wantirna | View |
| 2/373 Waverley Rd, Mount Waverley | 4 | | Townhouse | Auction Sale | 12/06/2026 | Ray White Judd White Group - Forest Hill |
Sales data
Median sale price
$1.6mil
Quarterly price change
-3.3%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Mount Waverley | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,466,500 | $863,000 |
| 4 | $1,700,000 | $980,500 |
| Insight | Mount Waverley | Metro comparison |
|---|---|---|
| Clearance rate | 80.6% | 74.9% |
| Days on market | 34 | 37 |
Rental data
Median weekly rent
$728
Rental yield
2.3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Mount Waverley | Metro comparison |
|---|---|---|
| 2 | $568 | $595 |
| 3 | $650 | $550 |
| 4 | $823 | $595 |
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