Glen Waverley
Suburb profile, market snapshot and recent listings for Glen Waverley, VIC 3150.
About Glen Waverley
Welcome to Glen Waverley
Glen Waverley sits around 20 kilometres south-east of the Melbourne CBD, in the leafy corridor between Mount Waverley, Wheelers Hill, Waverley, Notting Hill and Burwood East. It's long been one of the east's most sought-after addresses, known for its bustling town centre, strong schools and a population base — now over 42,600 — that skews toward families and professionals with a median age of 40.
The suburb has a reputation as one of Melbourne's premier multicultural hubs, with a food and retail scene that reflects its large Asian community alongside the more traditional trappings of a comfortable middle-ring suburb. It suits buyers and renters after space, good schools and a genuine town centre, rather than inner-city grit or beachside charm.
Lifestyle & dining
The Glen Waverley activity centre, anchored by Kingsway and the streets around The Glen shopping centre, is one of the busiest and most diverse dining strips in Melbourne's east. It's particularly known for its concentration of high-quality Chinese, Malaysian, Korean and Japanese restaurants, drawing visitors from well beyond the suburb's borders, alongside cafes, bakeries and bubble tea spots that cater to a young, family-oriented crowd.
Beyond the main strip, life in Glen Waverley tends to be family-focused and suburban, with weekends built around sport, local parks and the town centre rather than nightlife. It's a suburb where people tend to stay close to home for most of their day-to-day needs.
Shopping
The Glen shopping centre is the retail heart of the suburb, offering a full range of department stores, fashion, supermarkets and specialty retailers under one roof, supplemented by the strip shopping along Kingsway with its mix of independent grocers, restaurants and services. Between them, residents have little need to leave the suburb for everyday shopping, and the precinct draws solid weekend foot traffic from surrounding suburbs like Mount Waverley and Wheelers Hill.
Getting around
Glen Waverley sits at the terminus of the Glen Waverley railway line, giving direct train access into the city and making the station itself a focal point of the town centre, ringed by cafes and shops. Bus routes connect the suburb to neighbouring Mount Waverley, Wheelers Hill, Notting Hill and Burwood East, while the Monash Freeway and EastLink are both within easy reach for drivers heading further afield, making it a practical base for commuters as well as families who mostly stay local.
Schools & families
Education is one of Glen Waverley's biggest drawcards. Families have a wide choice of primary schools including Glen Waverley Primary School, Glen Waverley South Primary School, Glendal Primary School and Camelot Rise Primary School, along with Glenallen School for students with additional needs. Wesley College's Glen Waverley Campus adds an independent option locally, and the suburb's broader reputation for strong secondary schooling is a major reason it continues to attract buyers prepared to pay a premium to get into the area.
The property market
Glen Waverley's property market reflects its status as a premium eastern-suburbs address, with a median house price of $1.67 million after growth of 6.9% recently, and units sitting far more accessibly at a median of $650,000. Median rent of $890 a week points to solid demand from tenants as well as owner-occupiers, particularly given the suburb's schools and transport links.
Current listings show houses still dominate the market at 63%, with apartments and units making up 22%, townhouses 15% and a small sliver of vacant land. That mix gives buyers a genuine spread of options, from freestanding family homes on larger blocks to more affordable townhouse and apartment stock closer to the town centre and station, making Glen Waverley workable for first-home buyers chasing a unit as well as upgraders after a family house.
Market snapshot
Glen Waverley property market
Median sale price
$1.67m
House · 4 bed
Median rent
$890
per week
Gross rental yield
2.8%
annual rent ÷ sale price
Typical price range
Entry
$1.22m
Median
$1.67m
Premium
$2.54m
Days on market
39
Auction clearance
63%
Sold this year
235
Median sold price trend · House 4 bed
Compound growth +1.6% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Glen Waverley by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Glen Waverley, VIC 3150.
Population
42,642
residents (2021)
Median age
40
years
Household income
$1,918
median, per week
Median rent
$480
per week
Median mortgage
$2,500
per month
Mortgage / income
30%
stretched (>30%)
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Glen Waverley
Government school catchment
Independent & Catholic schools
Wesley College - Glen Waverley Campus
Recent results
Recently sold in Glen Waverley
$1.50m
661 Waverley Road
Sold ~July 2026
$880k
2/12 Chivers Avenue
Sold ~July 2026
$1.45m
29 Lancelot Crescent
Sold ~July 2026
$1.85m
37 Camelot Drive
Sold ~July 2026
$995k
1/33 Kincumber Drive
Sold ~July 2026
$1.82m
47 Folkestone Road
Sold ~July 2026
$1.16m
9/12-14 York Street
Sold ~July 2026
$3.50m
17 Pineda Court
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Glen Waverley
Compare the area
Price map around Glen Waverley
Every listing for sale near Glen Waverley, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Glen Waverley suburb FAQ
What is the median property price in Glen Waverley?
The median house price in Glen Waverley, VIC is $1.67m for a 4-bedroom home. Over the past year, median sold prices have risen about 6.9%.
How much is rent in Glen Waverley?
The median weekly rent in Glen Waverley is around $890 per week.
Is Glen Waverley a good place to live?
Glen Waverley is an eastern suburb of Melbourne, Victoria, Australia, located 19 km (12 mi) southeast of the Melbourne central business district. Glen Waverley is an established residential suburb in VIC, with a population of around 42,642 and 10 schools in the area.
What is the population of Glen Waverley?
Glen Waverley has a population of 42,642 (ABS 2021 Census), with a median age of 40.
What schools are in Glen Waverley?
There are 10 schools in or near Glen Waverley, including Glenallen School, Wesley College - Glen Waverley Campus and Camelot Rise Primary School.
How long do homes take to sell in Glen Waverley?
Properties in Glen Waverley take around 39 days to sell on average, with an auction clearance rate of about 63%.
How much do you need to buy in Glen Waverley?
Entry-level properties in Glen Waverley start around $1.22m, while premium homes reach $2.54m.
What suburbs are near Glen Waverley?
Suburbs near Glen Waverley include Mount Waverley, Wheelers Hill, Waverley, Notting Hill and Burwood East.
Fresh to market
New this week in Glen Waverley
European Grandeur in a Prestigious Glen Locale
BRAND-NEW FRENCH ARCHITECTURAL BRILLIANCE IN THE GWSC ZONE!
Private and Fully Independent Single Level Living
Generous single level in prized parkland pocket
Available now