City of Monash
Glen Waverley
Glen Waverley at a glance
Median house
$1,710,000
Median unit
$835,000
Walk score
100
Walker's paradise
Population
42.6k
Median age 40
The brief
What to know about Glen Waverley.
Glen Waverley (3150) sits in the Monash region of Victoria. The median house here is $1,710,000, well above the Victoria median of around $850K.
Glen Waverley has roughly 42,642 residents, with a typical family-age mix. Households are mostly owner-occupied. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
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Houses change hands at $1,710,000 on a typical sale, well above the Victoria median. Units come in around $835,000, roughly 51% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $342,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,710,000
+0.0% over the past year. Median unit price $835,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$640/wk
Weekly rent (unit)
$640/wk
Owner occupied
69%
Renter occupied
27%
At a deeper level
$1,710,000
$835,000
42,642
Median age: 40
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 1.95% (median rent $640/wk against a $1,710,000 price tag). Units yield 3.99% gross, often the better cash-flow play for first-time investors. Renter share is modest (27%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20261.95%
Based on $1,710,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20263.99%
Based on $835,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202669%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
The 2021 Census put Glen Waverley's population at 42,642, with a median age of 40. That sits as a typical family-age mix. Households are mostly owner-occupied (69% own, 27% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (78% family households, 18% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
42,642
Median age
40
Family households
78%
Lone person
18%
Demographics data as of May 2026· ABS 2021 Census
Day to day
What it’s like to live here.
Glen Waverley scores 100/100 on walkability, which makes it very walkable with workable public transport options. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 12 government primary, 3 government secondary, 3 Catholic, 1 independent.
Safety
Crime and safety.
2,296
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
100
60
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Glen Waverley.
Local schools for Glen Waverley
View the catchment for each school to find out more.
Government School Catchment
Glen Waverley Primary School
Glen Waverley Secondary College
Glendal Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Glen Waverley.
- What is the median house price in Glen Waverley?
- The median house price in Glen Waverley, VIC 3150 is $1,710,000. The median unit price is $835,000. Annual growth is +0.0%.
- What is the Glen Waverley postcode?
- Glen Waverley is in the 3150 postcode, in VIC, in the City of Monash region.
- What is the average rent in Glen Waverley?
- The median weekly rent for houses is $640, for units it's $640.
- What schools are in Glen Waverley?
- There are 20 schools serving Glen Waverley on this page, including Glen Waverley Primary School, Glen Waverley Secondary College, Glendal Primary School.
- How walkable is Glen Waverley?
- Glen Waverley has a Walk Score of 100 out of 100, very walkable. transit score 60, bike score 100.
- What suburbs are near Glen Waverley?
- Glen Waverley is close to Syndal, Vermont South, Burwood Heights, Burwood East, Pinewood.
- What is the population of Glen Waverley?
- Glen Waverley has approximately 42,642 residents. The median age is 40.
For Sale
Glen Waverley
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Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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