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Updated March 2026

Glen Waverley: $1.6M Median, 446 Microburbs, $578K-to-$4.3M Range

21,378 addresses across 446 microburbs. Mixed housing (12,963 houses, 8,358 units). Block-level price data from $578K to $4.3M.

Median House
$1.6M
Melbourne
Median Unit
$1.1M
Median Rent
$878/wk
Addresses
21,378
Mixed housing
Microburbs
446
Block-level data

What Does Your Budget Buy in Glen Waverley?

The $1.6M median tells you very little. Here is what each price band looks like, based on block-level data across 384 microburbs with price data.

$578K - $1.3M
Entry level. Older stock, smaller lots, properties needing work.
$1.3M - $1.6M
Mid-range. Updated homes on standard lots. Solid family options.
$1.6M - $1.8M
Upper range. Renovated or larger homes in sought-after pockets.
$1.8M - $4.3M
Premium. Top-tier homes, best positions, fully renovated or new builds.
Layer:
446 microburbs mapped. Houses: $578K to $4.3M. Full Glen Waverley report
Get the full Glen Waverley report from $49

What Makes Glen Waverley Different

What agents are selling

Based on 200 listing descriptions analysed by Microburbs.

The numbers

Glen Waverley Has 4 Distinct Price Tiers

Prices vary by over $3.7M depending on which block you buy. The suburb splits into clear micro-markets.

Entry Level (Abbot, Ada, Alton, Angus)

  • Median $1.2M, range $578K to $1.3M
  • 96 microburbs in this price band
  • Older stock, smaller lots, or properties needing work
  • Best value entry point to the suburb

Core Family (Afton, Almray, Annandale, Appletree)

  • Median $1.4M, range $1.3M to $1.6M
  • 96 microburbs in this price band
  • Updated homes on standard lots
  • Highest sales volume sits in this band

Upper Range (Acacia, Adams, Agnes, Alimar)

  • Median $1.7M, range $1.6M to $1.8M
  • 96 microburbs in this price band
  • Renovated or larger homes in sought-after streets

Premium (Adams, Aitchison, Almray, Angus)

  • Median $2.4M, range $1.8M to $4.3M
  • 96 microburbs in this price band
  • Top-tier positions, fully renovated or new builds
  • Tightly held. Rarely come to market

Street-Level Median Prices

Median house price by street, top 8 streets by sales volume.

StreetMedianTotal Sales% RentersTurnover
Osullivan Road$639K6438%5.6 yrs
High Street Road$850K5149%7.7 yrs
Springvale Road$760K4259%8.5 yrs
Waverley Road$625K3534%4.7 yrs
Kingsway$421K2365%9.7 yrs
Highbury Road$596K2334%12.0 yrs
Blackburn Road$521K2245%13.8 yrs
Windella Crescent$620K1943%7.3 yrs

More streets available in the full Glen Waverley report.

Street Price Trends . See historical price trends for every street in the full Glen Waverley report.
Get Street Data

Confirmed Sales (to March 2026)

AddressSale PriceAVM Valuevs AVMBed/Bath/GarLandDate
5 Lakeview Court$900,000$1,820,000-51%4/3/4560sqm2024-10
1 Merrick Crescent$1,457,000$1,460,000~match4/2/2649sqm2023-07
39 Westlands Road$655,000$1,380,000-53%4/2/1650sqm2023-07
16 Caithness Crescent$1,856,000$2,060,000-10%4/3/2852sqm2023-06
15 Compton Street$1,350,000$2,120,000-36%4/3/2785sqm2023-06
2 Crestmont Drive$259,000$1,680,000-85%4/2/2670sqm2023-06

Blurred valuations are in the full report. More sales in the full Glen Waverley report.

Currently For Sale

AddressGuideAVM ValueBed/BathType
6 Stirling Crescent$2,800,000$2.8M--/--Residential
Unit 3, 9-11 Orchard Street$393,000--2/1Apartment
Unit 1, 9-11 Orchard Street$700,000$780K2/1Unit
Unit 3, 3-7 Evelyn Street$420,000$695K2/1Apartment
Unit 2, 4 Dion Road$393,000$850K2/1Townhouse

5 properties listed. Blurred valuations are in the full report. See all Glen Waverley listings.

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Or get the full report with all valuations: $49/suburb

Rental Market

Rent data across 379 microburbs with rental listings.

$338/wk
Lowest Rent
$878/wk
Median Rent
$2,155/wk
Highest Rent

Rent varies from $338/wk to $2,155/wk across different blocks. Gross yield is approximately 2.9%. See rental yield by block in the full report.

What Homes Look Like in Glen Waverley

Based on 300 listing descriptions analysed. Shows how often each feature appears.

Outdoor Entertaining
72%
Ensuite
68%
Natural Light
49%
Large Kitchen
30%
Good Aspect
25%
Views
24%
Level Access
12%
Pool
10%
Renovation Profile

Based on 253 listings: Fully renovated (57%), Partially renovated (29%), Needs renovation (14%).

Feature data from listing descriptions. Individual property features in the full Glen Waverley report.

Market Summary

MetricGlen Waverley
Total addresses21,378
Freestanding houses12,963
Units8,358
Median house$1.6M
Median unit$1.1M
Median rent (house)$878/wk
Microburbs mapped446

Price Range

MetricGlen Waverley
Cheapest block median$578K
Most expensive block$4.3M
SUAMelbourne
StateVictoria
Gross yield (approx)2.9%

Glen Waverley vs Neighbours

SuburbSUAMedian HouseAddresses
Glen WaverleyMelbourne$1.6M21,378
Mount WaverleyMelbourne$1.6M6,5300% more
Wheelers HillMelbourne$1.5M5,0543% less
Burwood EastMelbourne$1.2M3,53423% less
Vermont SouthMelbourne$1.5M3,3936% less
Notting HillMelbourne$1.1M2,21727% less
MulgraveMelbourne$1.1M30127% less

Common Questions About Glen Waverley Real Estate

Is Glen Waverley a good suburb?
Glen Waverley has median house price of $1.6M, gross rental yield of 2.9%, walkable cafe and dining culture, train access. Prices range from $578K to $4.3M depending on which block you buy. The full Glen Waverley report maps every block individually.
Is Glen Waverley expensive?
The median house price in Glen Waverley is $1.6M. More expensive than Wheelers Hill ($1.5M). Cheaper than Mount Waverley ($1.6M). Entry-level blocks start around $578K.
What is Glen Waverley like to live in?
Based on 200 listing descriptions, Glen Waverley is known for a strong cafe and dining scene (90% of listings); green and leafy with good park access; family-oriented with schools nearby; quiet streets (32% of listings mention this). Mixed housing (12,963 houses, 8,358 units). See the block-level breakdown in the full report.
What are the best streets in Glen Waverley?
The most active streets by sales volume are Osullivan Road (64 sales, median $639K), High Street Road (51 sales, median $850K), and Springvale Road (42 sales, median $760K). Street-level data for all streets in the full report.
Is Glen Waverley a good investment?
Median rent $878/wk. gross yield 2.9%. 16% of listings explicitly target investors. The full Glen Waverley report includes: block-level yield mapping, vacancy rates per street, supply pressure scores, days on market by block, rental demand indicators, and AVM valuations for every property. Our backtested suburb forecasting model covers Glen Waverley with 15-year historical validation and forward estimates. See how individual blocks within Glen Waverley compare on yield vs growth.

Explore More About Glen Waverley

Every topic below has its own block-level analysis for Glen Waverley.