Real Estate Mount Waverley Vic 3149

Mount Waverley: Quiet, family-friendly, leafy, safe.

Housing Market in Mount Waverley

Key Mount Waverley Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$864	Top 14%	245% to Mar 2026
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Mount Waverley

Mount Waverley Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Development applications	117	Top 17%	93% to Jun 2025
Developments	0.3	Bottom 25%	Data for Jul 2023
Housing Stock Quality Indicator	89.6	Top 3%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	5 lots	Top 40%	75% to Aug 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	101	Top 1%	1342% to Mar 2026

Housing Stock Quality in Mount Waverley

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	68.7%	Bottom 8%	14% to Jan 2021
Average bedrooms - all homes	2.7	Top 30%	Data for Jan 2021
NBN connection: fibreoptic cable to node	0.9%	Top 21%	Data for Jun 2023

Development Restrictions in Mount Waverley

Mount Waverley Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS Melbourne	Trend
Total area	15.0 sq km	Top 40%	Data for Jan 2021
Heritage overlay total area	0.1 sq km	Top 38%	Data for Jun 2023
Residential density	352 sqm per resident	Bottom 15%	Data for Jan 2021

Risk in Mount Waverley

Mount Waverley Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
% Owner Occupied	80.5%	Bottom 17%	0% to May 2023
% Rentals	19.5%	Top 17%	3% to May 2023
Housing Affordability Index	69	Top 4%	Data for Jun 2023
Median monthly mortgage	$2,340	Top 28%	14% to May 2023
Rent Affordability Index (Houses)	74	Bottom 26%	Data for Jun 2023
Rent Affordability Index (Units)	69	Bottom 19%	Data for Jun 2023
Mortgage as a percent of income	28.9%	Top 18%	3% to Jan 2021
Mortgaged Dwellings	35.0%	Bottom 39%	10% to May 2023

Housing Demand in Mount Waverley

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Field	Value	VS Melbourne	Trend
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	22000	Top 15%	12% to Dec 2036
Historical Population (SA3)	196000	Top 3%	25% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	239000	Top 5%	47% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Mount Waverley

Mount Waverley Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Units	Premium	Premium	Premium
Capital Growth Forecast: Units (2-Year Outlook)	Premium	Premium	Premium
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$680	Top 14%	172% to Mar 2026
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	69.4%	Top 43%	27% to Mar 2026

Realtors (3)

Headline	Place	Datetime
Chloch	1/251 Blackburn Rd
Woodards Real Estate Mount Waverley	264 Stephensons Rd
McGrath Estate Agents Waverley	5 Hamilton Pl

Accommodation Options (5)

Median House Rental Prices by Street (100)

Level_0	Street	Date	Median rent (per week)
23970	Fairview Rd	28 Mar 2026	$1,094
23932	Essex Rd	28 Mar 2026	$954
24022	Forster Rd	28 Mar 2026	$806
24011	Fleet St	28 Mar 2026	$875
23829	Dorgan St	28 Mar 2026	$767

Planning Applications: Dwellings (71)

Headline	Place	Date
Construct two (2) dwellings on a lot and removal of a boundary canopy tree under Clause 52.37 - Monash City Council TPA/57716	36 Charles Street Mount Waverley VIC 3149	05 Mar 2026
Construction of four (4) double storey dwellings - Monash City Council TPA/57483	210 Waverley Road Mount Waverley VIC 3149	26 Feb 2026
Use the land for a veterinary centre and construction of buildings and works within a Design and Development Overlay, display of non-illuminated and internally illuminated business identification signs, and reduction of car parking - Monash City Council TPA/57642	33 Gilby Road Mount Waverley VIC 3149	26 Feb 2026
Demolish a heritage building and construct a building and construct and carry out works for a domestic swimming pool and tennis court within the Heritage Overlay (HO46) - Monash City Council TPA/57699	241-243 Lawrence Road Mount Waverley VIC 3149	24 Feb 2026
Construct and display an electronic major promotion sky sign - Monash City Council TPA/57603	12/475 Blackburn Road Mount Waverley VIC 3149	19 Feb 2026

Planning Applications: Other (29)

Headline	Place	Date
Use the land for a veterinary centre and construction of buildings and works within a Design and Development Overlay, display of non-illuminated and internally illuminated business identification signs, and reduction of car parking - Monash City Council TPA/57642	33 Gilby Road Mount Waverley VIC 3149	26 Feb 2026
Vary the Restrictive Covenant contained in transfer No. E814153 on title by replacing the expression "three feet" with the expression "1.5 metres". - Monash City Council TPA/57638	30 Pascall Street Mount Waverley VIC 3149	26 Feb 2026
Use the land for an Indoor recreation facility (virtual reality gaming arena) - Monash City Council TPA/57477	36/170 Forster Road Mount Waverley VIC 3149	12 Feb 2026
Buildings and works to construct and use a building on the land for a child care centre and a café (food and drink premises), tree removal including removal of native vegetation and reduction of car parking spaces for the food and drink premises - Monash City Council TPA/52770/A	454 Waverley Road Mount Waverley VIC 3149	02 Oct 2025
Buildings and works to construct and use a building on the land for a child care centre and a café (food and drink premises), tree removal including removal of native vegetation and reduction of car parking spaces for the food and drink premises - Monash City Council TPA/52770/A	454 Waverley Road Mount Waverley VIC 3149	02 Oct 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Monash

Median Unit Sale Prices by Street (47)

Date	Median sale value	Street
28 Mar 2026	$1,019,000	Adrienne Cr
28 Mar 2026	$1,202,000	Albert St
28 Mar 2026	$1,085,000	Alvie Rd
28 Mar 2026	$1,745,000	Amber Gr
28 Mar 2026	$1,173,000	Apsley St

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Adrienne Cr	28 Mar 2026	$1,125,000
Albert St	28 Mar 2026	$1,669,000
Aldrin Dr	28 Mar 2026	$2,911,000
Alice St	28 Mar 2026	$1,547,000
Alvie Rd	28 Mar 2026	$2,725,000

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
85.7%	Forster Rd	high turnover	Every 11.7 years (high turnover)	2026
93.4%	Waverley Rd	high turnover	Every 10.7 years (high turnover)	2026
75.8%	Catherine Ave	average turnover	Every 13.2 years (average turnover)	2026
54.8%	Grenfell Rd	quite tightly held	Every 18.2 years (quite tightly held)	2026
50.0%	Muir St	very tightly held	Every 20.0 years (very tightly held)	2026

Businesses (96)

Name	Address
Byrne Construction Systems	40 Ricketts Rd, Mount Waverley VIC 3149, Australia
Pellicano Builders	2/395 Ferntree Gully Rd, Mount Waverley VIC 3149, Australia
WestUrban Group	411-415 Ferntree Gully Rd, Mount Waverley VIC 3149, Australia
Builtwise Constructions Pty Ltd	Unit 23/21-35 Ricketts Rd, Mount Waverley VIC 3149, Australia
FIMMA Constructions	87-97 Ricketts Rd, Mount Waverley VIC 3149, Australia

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
20 Olive Ave	Price Withheld	3.0	1.0	1.0	04 Feb 2026	On Market
30 Russell Cr	$1,490,000	4.0	2.0	4.0	31 Jan 2026	On Market
29 Wave Ave	Price Withheld	3.0	1.0	2.0	31 Jan 2026	On Market
20 Wilga St	Price Withheld	5.0	5.0	2.0	31 Jan 2026	On Market
29 Wave Ave	$1,440,000	3.0	1.0	2.0	31 Jan 2026	On Market

Percent of Renters by Street (100)

Percent of Renters	Street
11.2%	Acton St
16.7%	Acton Street
23.8%	Adelaide Ave
20.2%	Adelaide Avenue
39.4%	Adrienne Cr

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 1, 1 Carmel Ave	$770	4	1	3	06 Feb 2026
Unit 1, 4 Moorea Ct	$920	4	3	2	06 Feb 2026
Unit 1, 1 Carmel Ave	$770	4	1	3	06 Feb 2026
79 Headingley Rd	$1,200	5	2	2	03 Feb 2026
79 Headingley Rd	$1,200	5	2	2	03 Feb 2026

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 5 Arthurson St	$650	2.0	1.0	1.0	04 Feb 2026
Unit 3, 348 Stephensons Rd	$620	3.0	2.0	1.0	04 Feb 2026
Unit 3, 348 Stephensons Rd	$620	3.0	2.0	1.0	04 Feb 2026
Unit 2, 5 Arthurson St	$650	2.0	1.0	1.0	04 Feb 2026
Unit 2, 5 Arthurson St	$650	2.0	1.0	1.0	04 Feb 2026

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 1, 12 Sadie St	$1,330,000	4.0	3.0	2.0	04 Feb 2026	On Market
Unit 1, 12 Sadie St	$1,330,000	4.0	3.0	2.0	04 Feb 2026	On Market
Unit 1, 8 Edna St	Price Withheld	3.0	2.0	2.0	31 Jan 2026	On Market
Unit 1, 8 Edna St	Price Withheld	3.0	2.0	2.0	31 Jan 2026	On Market
Unit 1, 8 Edna St	Price Withheld	3.0	2.0	2.0	31 Jan 2026	On Market

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Headline	Place	Datetime
Hotel Bruce County	445 Blackburn Rd