Glen Waverley vs Mount Waverley
Mount Waverley (median $1,640,000) is roughly 4% cheaper to buy into than Glen Waverley ($1,710,000).
Buying in Glen Waverley or Mount Waverley?
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Glen Waverley and Mount Waverley side by side
| Measure | Glen Waverley | Mount Waverley |
|---|---|---|
| Price and market | ||
| Median house | $1,710,000 | $1,640,000 |
| Median unit | $835,000 | $1,112,000 |
| Renting | ||
| House rent | $640/wk | $660/wk |
| Unit rent | $640/wk | $540/wk |
| Owner occupied | 69.0% | 73.0% |
| Renter occupied | 27.0% | 24.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1135 | 1116 |
| Lifestyle and people | ||
| Walk score | 100 | 90 |
| Transit score | 60 | 20 |
| Bike score | 100 | 100 |
| Population | 42,642 | 35,340 |
| Median age | 40 | 40 |
| Climate | ||
| Annual rainfall | 786 mm | 794 mm |
| Mean max, January | 26.5°C | 26.3°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Glen Waverley scores higher on walkability (100/100 vs 90/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Glen Waverley (1135) sits above Mount Waverley (1116).
- For buyers
- Mount Waverley is the lower entry point at $1,640,000 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Mount Waverley offers the higher gross rental yield (2.09% vs 1.95%), favouring cash-flow investors.
- For families
- Glen Waverley edges out on average school ICSEA (1135 vs 1116).
Glen Waverley vs Mount Waverley: common questions
Is Glen Waverley or Mount Waverley cheaper to buy in?
Mount Waverley has the lower median house price at $1,640,000, roughly 4% below Glen Waverley ($1,710,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Glen Waverley or Mount Waverley have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Glen Waverley scores 1135 vs 1116 in Mount Waverley. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Glen Waverley or Mount Waverley?
Glen Waverley scores 100/100 on walkability vs 90/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Glen Waverley or Mount Waverley?
Gross rental yield on houses is 2.09% in Mount Waverley vs 1.95% in Glen Waverley. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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The two suburbs
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