Side by sideSuburb comparison

Glen Waverley vs Mount Waverley.

Comparing two suburbs with median house prices of $1,710,000 and $1,640,000. Glen Waverley edges out on more headline metrics in this comparison.

Mount Waverley (median $1,640,000) is roughly 4% cheaper to buy into than Glen Waverley ($1,710,000).

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).

The takeWhich suburb suits which buyer

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 (2.20% vs 1.95%), favouring cash-flow investors.

For families

Glen Waverley edges out on average school ICSEA (1135 vs 1116).

Common questionsGlen 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 2.20% 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.

The numbers behind the take

Glen Waverley
Metric
Mount Waverley

Price & Market

$1,710,000
Median house
$1,640,000
$835,000
Median unit
$1,112,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$640/wk
Rent (house / wk)
$695/wk
$640/wk
Rent (unit / wk)
$476/wk
69.0%
Owner occupied
73.0%
27.0%
Renter occupied
24.0%

Lifestyle & Demographics

100
Walk score
90
60
Transit score
20
100
Bike score
100
42,642
Population
35,340
40
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1135
Avg ICSEA
1116

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).