Glen Waverley (VIC 3150): property prices & suburb profile

Monash LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Glen Waverley · VIC 3150 · typical house price · 12 months to 2025-Q4
$1,742,000+72.9%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (455 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,742,000
455 sales over 4 quarters
Typical unit price
$945,000
12 months to 2025-Q4, 233 sales
Sales in the last year
688
houses + units
SEIFA advantage decile
10 of 10
Glen Waverley
Schools in the suburb
13
ACARA registered

Glen Waverley property prices

The typical Glen Waverley house sold for around $1,742,000 in the year to 2025-Q4, +72.9% over 10 years and +28.9% over 5 years.

1Y
3Y
5Y
10Y
Houses
+5.4%
+6.5%
+28.9%
+72.9%
Units
+6.7%
+2.9%
+5.5%
+37.5%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
665k971k1.28M1.58M1.89M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$815,000$604,000
2014$960,000$640,000
2015$1,212,500$651,000
2016$1,221,000$700,000
2017$1,337,500$845,000
2018$1,300,000$866,000
2019$1,287,500$834,000
2020$1,304,000$780,000
2021$1,558,500$855,000
2022$1,560,000$806,000
2023$1,659,000$800,000
2024$1,660,000$880,000
Apr 2024$1,689,500$870,800
July 2024$1,650,000$860,000
Oct 2024$1,610,000$917,500
2025$1,632,900$900,000
Apr 2025$1,728,500$842,500
July 2025$1,771,000$987,500
Oct 2025$1,800,000$995,000
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Glen Waverley medians by quarter

The most recent quarter on record for Glen Waverley is 2025-Q4.

Glen Waverley medians by quarter
QuarterTypeMedianSales
2025-Q4Unit$995k69
2025-Q4House$1.80M134
2025-Q3Unit$988k78
2025-Q3House$1.77M112
2025-Q2Unit$843k51
2025-Q2House$1.73M123
2025-Q1Unit$900k35
2025-Q1House$1.63M86
2024-Q4Unit$918k48
2024-Q4House$1.61M128
2024-Q3Unit$860k60
2024-Q3House$1.65M
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Glen Waverley

Glen Waverley has a median age of 40 and a median household income of $1,918 a week.

Population (Glen Waverley)
42,642
Median age (Glen Waverley)
40 years
Median household income (Glen Waverley)
$1,918/wk
People per square kilometre
2,532
Average taxable income (postcode, 2023)
$74,283
SEIFA advantage decile (Glen Waverley)
10 of 10
Addresses in the suburb (G-NAF)
21,800
Rooftop solar installs, 12 months (postcode)
662
How Glen Waverley homes are held
Owned outright
41.0% · 5,928
Owned with a mortgage
28.3% · 4,092
Rented
27.1% · 3,914
Glen Waverley homes by bedroom count
1 bedroom or studio
1.9% · 272
2 bedrooms
11.2% · 1,599
3 bedrooms
37.1% · 5,304
4 bedrooms
36.6% · 5,228
5 or more
13.2% · 1,894
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)
from income, education, occupation and housing
10 of 10
Relative disadvantage (IRSD)
from low income, low education and unskilled occupations
8 of 10
Economic resources (IER)
from household income, wealth and housing costs
6 of 10
Education and occupation (IEO)
from qualifications and skilled work
10 of 10
  • Figures labelled Glen Waverley are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Glen Waverley - West" and postcode 3150 both extend beyond Glen Waverley.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Glen Waverley

The 11 schools in Glen Waverley sit at the 94th percentile nationally on ACARA's socio-educational index.

Schools located in Glen Waverley
SchoolSectorTypeICSEA
Brentwood Secondary CollegeGovernmentSecondary1,097
Camelot Rise Primary SchoolGovernmentPrimary1,150
Cheshire SchoolIndependentSpecial1,052
Glenallen SchoolGovernmentSpecial1,041
Glendal Primary SchoolGovernmentPrimary1,157
Glen Waverley Primary SchoolGovernmentPrimary1,141
Glen Waverley Secondary CollegeGovernmentSecondary1,124
Glen Waverley South Primary SchoolGovernmentPrimary1,077
Highvale Primary SchoolGovernmentPrimary1,148
Highvale Secondary CollegeGovernmentSecondary1,114
Mount View Primary SchoolGovernmentPrimary1,146
St Christopher's SchoolCatholicPrimary1,141
St Leonard's SchoolCatholicPrimary1,142
Median school percentile nationally · ICSEA score
Glen Waverley · 11 schools
94th · 1141
Monash LGA
89th · 1120
Melbourne East
83rd · 1096
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Glen Waverley

Glen Waverley's typical house price of $1,742,000 is the 2nd highest of the 5 Melbourne East suburbs we cover.

All Melbourne East suburb research

Glen Waverley: common questions

How much does a house cost in Glen Waverley?
About $1,742,000 across the 12 months to 2025-Q4, from 455 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Glen Waverley prices gone up?
Prices have risen 72.9% over 10 years and moved +28.9% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Glen Waverley?
The typical unit price was around $945,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 233 sales.
Can I see Glen Waverley prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Glen Waverley?
Glen Waverley has 13 ACARA-registered schools, including Brentwood Secondary College, Camelot Rise Primary School, Cheshire School, Glenallen School, Glendal Primary School, Glen Waverley Primary School.

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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.