Glen Waverley Property Investment Overview

Suburb research data for Glen Waverley, VIC 3150 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2025
Median House Price
$1,710,000
2025 data
Gross Rental Yield
2.1%
Weekly Rent
$695
Renter Demand
40%
of residents rent
Vacancy Rate
1.4%
Low — tight market
Population
42,642
Suburb residents

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📍 Suburb Overview

State VIC
Postcode 3150
Median house price $1,710,000
Median unit price $835,000
Weekly rent (median) $695/wk (unlock cashflow model)
Gross yield 2.1% (unlock risk & score)
Renter % 39.8%
Vacancy rate 1.39%
Population 42,642
Median household income $99,736/yr
Owner-occupied 60.2%
Median age 40 yrs
Total dwellings 9,842

🛡️ Safety & Crime

Reported crime level Moderate reported crime
Incidents / 1,000 residents 48

Glen Waverley shows around-average reported crime compared with other VIC suburbs, based on 2024 state police data.

Source: VIC police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

Low vacancy (1.4%) — tight rental market
🔵 Moderate reported crime (48 incidents/1,000 residents) — VIC reported data 2024
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Price History

Source: VIC_DTPLI_Quarterly. Suburb-level medians — not individual sale prices.

🏫 Schools

Schools in suburb 11
Primary 8
Secondary 3
Schools in Glen Waverley
Camelot Rise Primary School Primary · Government
Glen Waverley Primary School Primary · Government
Glen Waverley South Primary School Primary · Government
Glendal Primary School Primary · Government
Highvale Primary School Primary · Government
Mount View Primary School Primary · Government
St Christopher's School Primary · Catholic
St Leonard's School Primary · Catholic
Brentwood Secondary College Secondary · Government
Glen Waverley Secondary College Secondary · Government
Highvale Secondary College Secondary · Government
Cheshire School Other · Independent
Glenallen School Other · Government
School locations from state education departments / ACARA. List reflects schools located within the suburb.

🔄 Compare & Explore

Glen Waverley's 2.1% gross rental yield is below the VIC median of 2.5%, across 753 VIC suburbs with public data.

Similar suburbs in VIC by price range, ranked by yield:

Brighton East, VIC
3.5% yield
$1,230,000
Brighton East, VIC
3.3% yield
$1,300,500
Port Melbourne, VIC
3.3% yield
$1,252,500
Clifton Hill, VIC
3.1% yield
$1,220,000
Hampton, VIC
3.1% yield
$1,270,000
Doncaster East, VIC
3.0% yield
$1,230,000
Compare with nearby Open comparison →
Best suburbs to invest in VIC View VIC shortlist →
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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $1,710,000
Deposit (20%) $342,000
Loan (80% LVR) $1,368,000
Weekly rent $695/wk
Annual rent income $36,140/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Glen Waverley a good suburb to invest in?

Glen Waverley has an average renter proportion and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Glen Waverley?

The median house price in Glen Waverley is approximately $1,710,000 based on 2025 public data.

What is the rental yield in Glen Waverley?

The indicative gross rental yield in Glen Waverley is 2.1%, based on a median weekly rent of $695 against a median price of $1,710,000. This is general data only — actual yields vary by property, condition and market timing.

How does Glen Waverley compare to other suburbs?

Use the suburb comparison tool to compare Glen Waverley against other Australian suburbs by price, yield, vacancy and renter demand.

Is Glen Waverley a safe suburb?

Glen Waverley shows around-average reported crime compared with other suburbs in VIC, based on 2024 state police data. The reported crime rate is about 48 incidents per 1,000 residents. Always check current local crime statistics before deciding.

What schools are in Glen Waverley?

Glen Waverley has 13 known schools, including Camelot Rise Primary School, Glen Waverley Primary School, Glen Waverley South Primary School, Glendal Primary School. Catchments and enrolment policies change — confirm directly with each school.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →