Market analysis for investment properties in Glen Waverley
Glen Waverley is home to The Glen Shopping Centre, a major retail hub in the area with a wide range of stores, restaurants, and entertainment options.
The suburb boasts several reputable primary and secondary schools, including Glen Waverley Secondary College, Mount View Primary School, and Wesley College Glen Waverley Campus.
Residents have convenient access to public transportation with Glen Waverley Train Station connecting the suburb to Melbourne's CBD via the Glen Waverley line. Bus services also provide additional commuting options.
Surrounding greenery includes a number of parks and reserves such as Central Reserve, Jells Park, and Glen Waverley Reserve, offering recreational spaces with walking tracks, playgrounds, and picnic areas.
For those seeking outdoor activities, the nearby Dandenong Ranges provide opportunities for bushwalking, cycling, and enjoying nature just a short drive away from Glen Waverley.
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
See live suburb and LGA market signals.
Investors analyzing Glen Waverley often compare these adjacent markets for better entry points or higher yields.
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Glen Waverley, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

Frequently asked questions about the Glen Waverley property market in 2026.
As of March 2026, the Glen Waverley property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 6% and units have grown by 1.5%. These figures reflect the evolving demand within Monash, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Glen Waverley range from $1,792,500 for houses to $1,015,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Monash region.
For investors targeting cash flow, houses rent for $750 /pw with a 2.18% yield, while units rent for $720 /pw with a 3.69% yield. This rental performance is a key indicator of strong tenant demand within the Glen Waverley area.