Mount Waverley (VIC 3149): property prices & suburb profile

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

Mount Waverley · VIC 3149 · typical house price · 12 months to 2025-Q4
$1,627,000+70.0%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (456 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
$1,627,000
456 sales over 4 quarters
Typical unit price
$1,129,000
12 months to 2025-Q4, 213 sales
Sales in the last year
669
houses + units
SEIFA advantage decile
10 of 10
Mount Waverley
Schools in the suburb
10
ACARA registered

Mount Waverley property prices

The typical Mount Waverley house sold for around $1,627,000 in the year to 2025-Q4, +70.0% over 10 years and +27.1% over 5 years.

1Y
3Y
5Y
10Y
Houses
-0.8%
+6.8%
+27.1%
+70.0%
Units
+5.3%
-6.4%
+12.0%
+49.5%

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)
808k1.05M1.29M1.53M1.76M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$820,000$656,500
2014$950,000$720,000
2015$1,267,500$800,000
2016$1,265,000$851,000
2017$1,416,000$930,000
2018$1,320,000$905,000
2019$1,270,500$961,500
2020$1,300,000$999,000
2021$1,511,500$1,150,000
2022$1,510,000$868,000
2023$1,600,000$1,051,000
2024$1,615,000$1,076,500
Apr 2024$1,565,000$1,017,500
July 2024$1,585,400$1,058,000
Oct 2024$1,618,000$1,085,000
2025$1,600,000$1,071,000
Apr 2025$1,641,500$1,122,500
July 2025$1,680,000$1,130,000
Oct 2025$1,590,000$1,164,000
  • 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.

Mount Waverley medians by quarter

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

Mount Waverley medians by quarter
QuarterTypeMedianSales
2025-Q4Unit$1.16M58
2025-Q4House$1.59M131
2025-Q3Unit$1.13M65
2025-Q3House$1.68M107
2025-Q2Unit$1.12M59
2025-Q2House$1.64M121
2025-Q1Unit$1.07M31
2025-Q1House$1.60M97
2024-Q4Unit$1.08M60
2024-Q4House$1.62M112
2024-Q3Unit$1.06M57
2024-Q3House$1.59M
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Mount Waverley

Mount Waverley has a median age of 40 and a median household income of $2,066 a week.

Population (Mount Waverley)
35,340
Median age (Mount Waverley)
40 years
Median household income (Mount Waverley)
$2,066/wk
People per square kilometre
2,327
Average taxable income (postcode, 2023)
$82,575
SEIFA advantage decile (Mount Waverley)
10 of 10
Addresses in the suburb (G-NAF)
19,641
Rooftop solar installs, 12 months (postcode)
360
How Mount Waverley homes are held
Owned outright
41.9% · 5,232
Owned with a mortgage
31.5% · 3,932
Rented
24.2% · 3,025
Mount Waverley homes by bedroom count
1 bedroom or studio
1.0% · 122
2 bedrooms
11.4% · 1,408
3 bedrooms
43.8% · 5,410
4 bedrooms
33.2% · 4,100
5 or more
10.7% · 1,321
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
9 of 10
Economic resources (IER)
from household income, wealth and housing costs
7 of 10
Education and occupation (IEO)
from qualifications and skilled work
10 of 10
  • Figures labelled Mount Waverley are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Mount Waverley - South" and postcode 3149 both extend beyond Mount 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 Mount Waverley

The 10 schools in Mount Waverley sit at the 94th percentile nationally on ACARA's socio-educational index.

Schools located in Mount Waverley
SchoolSectorTypeICSEA
Avila CollegeCatholicSecondary1,113
Essex Heights Primary SchoolGovernmentPrimary1,150
Holy Family SchoolCatholicPrimary1,124
Huntingtower SchoolIndependentCombined1,201
Mount Waverley Heights Primary SchoolGovernmentPrimary1,119
Mount Waverley North Primary SchoolGovernmentPrimary1,142
Mount Waverley Primary SchoolGovernmentPrimary1,165
Mount Waverley Secondary CollegeGovernmentSecondary1,127
Pinewood Primary SchoolGovernmentPrimary1,161
Syndal South Primary SchoolGovernmentPrimary1,152
Median school percentile nationally · ICSEA score
Mount Waverley · 10 schools
94th · 1146
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 Mount Waverley

Mount Waverley's typical house price of $1,627,000 is the 3rd highest of the 5 Melbourne East suburbs we cover.

All Melbourne East suburb research

Mount Waverley: common questions

How much does a house cost in Mount Waverley?
About $1,627,000 across the 12 months to 2025-Q4, from 456 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 Mount Waverley prices gone up?
Prices have risen 70.0% over 10 years and moved +27.1% 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 Mount Waverley?
The typical unit price was around $1,129,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 213 sales.
Can I see Mount 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 Mount Waverley?
Mount Waverley has 10 ACARA-registered schools, including Avila College, Essex Heights Primary School, Holy Family School, Huntingtower School, Mount Waverley Heights Primary School, Mount Waverley North 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.