Glen Waverley
Property profile for Glen Waverley, Melbourne. Median prices and property calculators.
Median Prices
Median House Price
$1,450,000
Approximate median for Glen Waverley, Melbourne
Median Unit Price
$650,000
Approximate median for Glen Waverley, Melbourne
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Estimated Stamp Duty
$74,250
On median house price of $1,450,000
Estimated Monthly Mortgage
$7,105
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$290,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About Glen Waverley
Glen Waverley is a major suburban centre in Melbourne's south-east, approximately 20 kilometres from the CBD. The suburb has developed into one of Melbourne's most sought-after family suburbs, driven primarily by its outstanding educational reputation. Glen Waverley Secondary College is one of Victoria's top-performing public schools, and several private schools in the area contribute to exceptionally strong demand from education-focused families. Property ranges from original brick homes from the 1960s and 1970s to luxury contemporary builds, with many homeowners undertaking substantial renovations or rebuilds on the generous blocks. The Glen Shopping Centre and the vibrant Kingsway dining precinct offer extensive retail and a remarkable array of Asian restaurants, yum cha venues, and dessert bars. Transport includes Glen Waverley station at the end of the Glen Waverley train line, providing services to the CBD in about 40 minutes, plus numerous bus routes. Jells Park and Central Reserve provide recreational green space, while the nearby Monash University Clayton campus adds an academic dimension to the area. The suburb has a strong Chinese-Australian community reflected in cultural events and dining. Glen Waverley appeals to families prioritising education, professionals seeking a well-serviced suburban lifestyle, and investors drawn by consistently high demand and strong property values.