Glen Waverley, VIC 3150
Monash City, Victoria
Good to Know
Glen Waverley, VIC 3150 is a high-value house market in the Monash City Council area, currently positioned as a long-hold capital growth submarket. Located about ~19 km south-east of Melbourne CBD, Glen Waverley is home to roughly 42,642 adults across 18,591 dwellings and records a vacancy rate of 1.95%.
According to HtAG Analytics, Glen Waverley is exhibiting tight listing supply with broadly balanced inventory. Stock on Market sits at 0.34% and Inventory at 3.21 months — just above the ~3-month balanced-market threshold — driving -1.1% YoY price growth and +3.8% YoY rent growth.
What the market data is signalling
Glen Waverley shows a divergence between price and rent: prices are down -1.1% (1-year) while rents are up +3.8% (1-year), and the gross yield sits at 2.04% (below the recommended 3% minimum). That mix — falling short-term capital growth but rising rents — suggests stronger rental demand relative to buyer urgency today. Low Stock on Market (0.34%) and an opportune median DOM of 31 days mean limited listings could re-accelerate price momentum if buyer appetite returns. See the Markets in the Moment (MiM™) heatmap for live comparisons.
Who lives in Glen Waverley — and why it matters for investors
Glen Waverley posts an IRSAD of 1063, comfortably above the advised minimum of 927, indicating a relatively advantaged socio-economic profile that tends to support lower long-term volatility and resilient demand. Household structure metrics are neutral — renter/owner mix 27.0% and units/houses mix 29.0% — which usually produces steady, predictable rental pools. For more on the IRSAD-growth link, read the IRSAD Crossover study.
Why suburb-level data matters for Glen Waverley
Suburb-level figures give the actionable signal investors need: Glen Waverley has a typical house price of $1,795,158, a low gross yield of 2.04%, Stock on Market at 0.34%, Inventory at 3.21 months, and a quick 31-day median days-on-market. These metrics together reveal a high-value, low-yield market with limited listings — details that can be masked when averages are reported at higher scales. For why council-level averages can hide local pockets, see LGA vs Suburb research.
Download the full Glen Waverley data guide for a complete, printable breakdown.
What's behind the RCS™ score of 66
The HtAG RCS™ (Rating Composite Score) of 66 bundles three independent dimensions — risk minimisation, capital-growth potential and cashflow resilience — into one single score. Reading the individual sub-scores is important because a mid‑60s RCS typically means trade-offs exist between capital upside and yield/cashflow. Learn more about how the RCS™ is built.
open Glen Waverley in HtAG Copilot to explore sub-score detail and scenario testing.
Forward signals to watch
vacancy rate — currently 1.95%: sustained neutral vacancy around this level over 12–24 months implies steady rental uptake without the acute tightness that forces large rent spikes, but it supports stable occupancy for investors.
building approvals ratio — currently 0.91%: a neutral approvals reading suggests moderate pipeline supply; not enough to oversupply the market, but not negligible either, so monitor approvals if price momentum picks up.
Melbourne cycle phase: a city-wide upswing would likely restore positive capital growth in Glen Waverley, while a broader Melbourne slowdown would probably constrain local price momentum and keep investors focused on rental returns.
Does this area meet your investment goals?
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RCS Breakdown
Glen Waverley's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
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Market Trends
Glen Waverley's headline values — $1,795K to buy and $704PW to rent, a 2.03% gross yield. Over the past decade, prices have moved 28.26% and rents 59.86% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$1,795K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$704PW today, with rent growth at (+3.83% YoY) compared to price growth (-1.11%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Glen Waverley in its cycle - and is the 2.03% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Glen Waverley's long-hold story?
Beyond the headline price, Glen Waverley carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Glen Waverley's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Fundamentals
Glen Waverley can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Glen Waverley genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Glen Waverley prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Glen Waverley - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Glen Waverley looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Glen Waverley's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Glen Waverley has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Glen Waverley shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Glen Waverley has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.
The total adult population (15 years or older) of Glen Waverley 3150 VIC is 35,558, with a median age of 40. Of those, 57.20% are married, 6.83% are divorced or separated, 30.63% are single and 5.35% are widowed.
The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $8,632. The median monthly mortgage repayment for households in this suburb is $2,500 which is 28.96% of their earnings.
Source: ABS Census Data (2021)