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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Glen Waverley, the median property price for a house is currently 1,684,000 with annual capital growth of 2.06 . There were 495 house sales in the past 12 months. On average, houses spend 29 days on market.
If you're thinking about buying an investment property in Glen Waverley, consider that rental yields for houses are currently 2.15 with an average median rent of 700 weekly. Houses have seen -1.35 growth in the past quarter, and 2.06 growth in the past 12 months.
The size of Glen Waverley is approximately 16.8 square kilometres. It has 53 parks covering nearly 13.2% of total area. The population of Glen Waverley in 2011 was 39,204 people. By 2016 the population was 40,331 showing a population growth of 2.9% in the area during that time. The predominant age group in Glen Waverley is 10-19 years.
Households in Glen Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation. In 2011, 76.4% of the homes in Glen Waverley were owner-occupied compared with 72.6% in 2016.
In Glen Waverley, the median property price for a unit is currently 876,000 with annual capital growth of 2.16 . There were 216 unit sales in the past 12 months. On average, units spend 35 days on market.
If you're thinking about buying an investment property in Glen Waverley, consider that rental yields for units are currently 3.68 with an average median rent of 670 weekly. Units have seen 0.52 growth in the past quarter, and 2.16 growth in the past 12 months.
The size of Glen Waverley is approximately 16.8 square kilometres. It has 53 parks covering nearly 13.2% of total area. The population of Glen Waverley in 2011 was 39,204 people. By 2016 the population was 40,331 showing a population growth of 2.9% in the area during that time. The predominant age group in Glen Waverley is 10-19 years.
Households in Glen Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation. In 2011, 76.4% of the homes in Glen Waverley were owner-occupied compared with 72.6% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,684,000 | 876,000 |
| Quarterly growth | -1.35 | +0.52 |
| 12-month growth | +2.06 | +2.16 |
| Average annual growth | +6.75 | +0.66 |
| Weekly median rent | 700 | 670 |
| Gross rental yield | 2.15 | 3.68 |
| Number of Sales (12m) | 495 | 216 |
| Avg. Days on Market (12m) | 29 | 35 |
| Key Demographics | 2011 | 2016 |
| Total population | 39,204 | 40,331 |
| Population change (5y) | +2.57 | +2.90 |
| Median household income (p/w) | 1,357 | 1,555 |
| Household income change (5y) | +11.23 | +14.59 |
| Median age of persons | 42 | 41 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Glen Waverley was 40,331 in 2016, a +2.90 change compared to 2011.
The predominant age group in Glen Waverley is 10-19 years.
The population of Glen Waverley was 40,331 in 2016, a +2.90 change compared to 2011.
The predominant age group in Glen Waverley is 40-49 years.
Most of the population in Glen Waverley were born in Australia.
Most of the population in Glen Waverley were born in Australia.
Most of the population in Glen Waverley report their religion as No Religion.
Most of the population in Glen Waverley report their religion as No Religion.
Most of the population in Glen Waverley report their income range as between 78,000 and 130,000 .
The median household income in Glen Waverley was 1,555 in 2016, a +14.59 change compared to 2011.
Most of the population in Glen Waverley report their income range as between 78,000 and 130,000 .
The median household income in Glen Waverley was 1,357 in 2011, a +11.23 change compared to 2006.
Most of the population in Glen Waverley work as Professional.
Most of the population in Glen Waverley work as Professional.
The chart below demonstrates the various levels of education in Glen Waverley.
The chart below demonstrates the various levels of education in Glen Waverley.
Most of the population in Glen Waverley reached a qualification level of Bachelor.
Most of the population in Glen Waverley reached a qualification level of Bachelor.
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