Real Estate Radar

October 2026 data · Monash · VIC

Glen Waverley house prices: median price and growth

Median house
$1.68m
▼ −1.6% in 12 months
Median unit
$883k
▼ −5.1% in 12 months
Sold in 12 months
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The median house price in Glen Waverley is $1.68m (October 2026), down 1.6% over 12 months. Units have a median of $883k, down 5.1% over 12 months. That puts Glen Waverley above the typical Melbourne Eastern Suburbs suburb ($1.50m) and the dearest of the 12 suburbs around it.

Glen Waverley (outlined) and neighbouring suburbs by median house price, October 2026, in the Market Dashboard's colours for VIC. Open the interactive map for trends, rents and sales.

Glen Waverley price changes

TypeMedian3 mo6 mo12 mo
House$1.68m▼ −3.8%▼ −5.2%▼ −1.6%
Unit$883k▼ −5.4%▼ −2.5%▼ −5.1%

Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.

Glen Waverley compared with nearby suburbs

Suburbs within about 1 km of Glen Waverley, dearest house median first. Select a column heading to sort.

HouseUnit
Glen Waverley$1.68m▼ −3.8%▼ −5.2%▼ −1.6%$883k▼ −5.4%▼ −2.5%▼ −5.1%
Mount Waverley$1.56m▼ −3.5%▼ −5.5%▼ −5.7%$1.09m▼ −0.6%▼ −4.5%▼ −0.6%
Wheelers Hill$1.46m▼ −2.3%▼ −2.5%▼ −0.7%$1.21m0.0%▼ −3.9%▲ +0.8%
Vermont South$1.45m▼ −3.9%▼ −5.2%▼ −3.2%$1.02m▲ +0.5%▲ +15.4%▲ +5.2%
Burwood East$1.31m▼ −2.6%▼ −2.6%▼ −0.4%$668k▼ −0.1%▲ +0.6%▲ +6.0%
Wantirna South$1.22m▼ −3.0%▼ −4.7%▼ −1.2%$698k▲ +4.9%▲ +9.0%▲ +9.0%
Clayton$1.19m▼ −7.6%▼ −8.8%▼ −10.2%$631k▼ −10.5%▼ −15.9%▼ −9.3%
Forest Hill$1.18m▼ −3.7%▼ −3.5%▼ −2.7%$848k▲ +5.9%▲ +8.0%▲ +10.8%
Notting Hill$1.17m▼ −0.7%▼ −0.3%▼ −1.7%$432k▼ −0.9%▲ +9.2%▲ +14.2%
Wantirna$1.09m▼ −2.2%▼ −8.6%▼ −5.4%$730k▲ +2.2%▲ +5.9%▲ +4.4%
Mulgrave$1.08m▼ −3.6%▼ −4.4%▼ −2.3%$820k▼ −5.8%▼ −4.7%▼ −4.2%
Scoresby$985k▼ −2.4%▼ −2.5%▼ −1.5%$720k0.0%▲ +1.4%▼ −1.7%

Living in Glen Waverley

From the 2021 ABS Census: Glen Waverley against the Monash council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.

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FigureGlen WaverleyMonash (council)VIC
People
Population42,642191,7216,503,500
Median age404039
Families with children🔒🔒🔒
Born overseas58.7%50.5%30.0%
Language other than English at home🔒🔒🔒
Work and education
Median household income$1,918/wk$1,918/wk$1,856/wk
Median personal income🔒🔒🔒
Professionals and managers🔒🔒🔒
Unemployment🔒🔒🔒
Bachelor degree or higher🔒🔒🔒
Completed Year 12🔒🔒🔒
Housing
Owned outright🔒🔒🔒
Owned with a mortgage🔒🔒🔒
Rented27.1%29.9%28.5%
Separate houses🔒🔒🔒
Flats and apartments🔒🔒🔒
Median weekly rent🔒🔒🔒
Median mortgage repayment🔒🔒🔒
Advantage
SEIFA advantage (IRSAD), Australian decile🔒🔒🔒

🔒 Age, occupation and ancestry breakdowns for Glen Waverley, its council and VIC

Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.

Common questions

What is the median house price in Glen Waverley?

The median house price in Glen Waverley was $1.68m in October 2026, down 1.6% on a year earlier. The typical Melbourne Eastern Suburbs suburb median was $1.50m.

What is the median unit price in Glen Waverley?

The median unit price in Glen Waverley was $883k in October 2026, down 5.1% over 12 months.

Is Glen Waverley more expensive than nearby suburbs?

Of the 11 neighbouring suburbs with a median house price, 0 are dearer than Glen Waverley and 11 are cheaper or the same.

Where does this data come from?

Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.