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Investment Property Glen Waverley, VIC, 3150

Suburb Snapshot

Glen Waverley is a suburb in the Monash Region of Victoria. Glen Waverley has a population of 40,325 people and 22.60% of its occupants live in rental accommodation. The median listing price for houses is $1,600,000 and this has changed 6.66% over the past year and changed 10.34% over 2 years.

The median rent in Glen Waverley for houses is $695 per week and the median rental yield is 2.25%. Stock on the market for houses/townhouses has changed -3.13% compared to last year and the average time to sell a house/townhouse is 94 days.The median listing price for units is $660,000 and this has changed -2.95% over the past year. The average unit takes 166 days to sell and the median rent for a unit in Glen Waverley is $620 per week, producing a rental yield of 4.88%.

Supply & Demand in Glen Waverley, Monash

1.03%

Current vacancy rate


178

Rental stock available


40,325

Population


22.60%

Rental population


1.02%

Current vacancy rate


845

Rental stock available


182,612

Population


26.76%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Glen Waverley, Monash

  House Townhouses Units
Median listing price $1,600,000 $1,300,000 $660,000
Median price change - last quarter 0.00% 0.00% -2.12%
Median price change - 1 year 6.66% 0.38% -2.95%
Median price change - 2 years 10.34% 8.33% -4.70%
  House Townhouses Units
Median weekly rent $695 $750 $620
Median yield % 2.25% 3.00% 4.88%
Median rent change - 1 year 6.92% 7.14% 12.72%
  House Units
Previous month sales 29 13
Stock on market previous month 155 82
Stock variance vs. last year -3.13% 7.89%
Average days on market 94 166

Glen Waverley investment property listings

Showing 2 of 2 investment properties found in Glen Waverley on realestateinvestar.com.au

6 Landridge St, Glen Waverley

$1,700,000

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Blue-Chip GWSCZ Opportunity

First time offered to the market, this classic family home presents an exceptional opportunity on a generous 737sqm (approx.) block in a sought-after pocket of Glen Waverley. Perfectly positioned on the high side of the street, it combines comfortable living with outstanding future potential to ...

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House

VIC 3150


513/39 Kingsway, Glen Waverley

$365,000

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The Brief: Modern Apartment Living in the Heart of Kingsway Wal

Its Addressed: Right in the centre of Glen Waverley's iconic Kingsway precinct, this sleek and low-maintenance 1-bedroom, 1-bathroom apartment delivers unbeatable convenience, modern comfort, and strong rental appeal. Surrounded by cafés, restaurants, shops, entertainment and with the Glen ...

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VIC 3150


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