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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

1/6-8 Saladin Ave, Glen Waverley

$1,480,000

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Contemporary Sophistication in a Premier Glen Waverley Pocket

Setting a new benchmark for modern comfort, this brand-new residence blends refined style with thoughtful functionality in one of Glen Waverley's most connected pockets. Flooded with natural light through double-glazed windows, the spacious open-plan living and dining area forms the true heart of ...

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Townhouse

VIC 3150


2/110 Blackburn Rd, Glen Waverley

$720,000

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A spacious entry into the exclusive Glen Waverley!

Perfectly placed in the Mount Waverley Secondary College zone and promising generous central living and superb northern alfresco options, this single storey home is a must see. Ready for families starting out as well as downsizers, this 2 bedroom residence is destined to be a hot commodity! The ...

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Unit

VIC 3150


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