Glen Waverley Property Growth
VIC · 3150 · South-East Melbourne
An established middle-ring Melbourne suburb known for its school zones, The Glen activity centre and strong owner-occupier demand.
Overview
Location: Approximately 19km south-east of the Melbourne CBD, within the City of Monash local government area.
Glen Waverley is an established residential suburb dominated by detached family homes on traditional Monash blocks, with significant townhouse and apartment development concentrated around the Glen Waverley activity centre and railway station. The suburb sits within a desirable middle-ring location with access to schools, shopping and employment hubs.
Market Snapshot
Median House Price
$1.67m
Median Unit Price
$650k
Avg Days on Market
40 days
Demographics
Estimated Population
40,333
Owner Occupier Rate
74.0%
Renter Rate
26.0%
Transport & Connectivity
Glen Waverley is the terminus of the Glen Waverley railway line and is well connected via major arterials including the Monash Freeway and Springvale Road. Bus interchanges at the station service the eastern and south-eastern suburbs.
Major Roads
- Monash Freeway (M1)
- Springvale Road
- Blackburn Road
- High Street Road
- Waverley Road
Train Lines
- Glen Waverley Line (Glen Waverley Station — terminus)
Bus Network
The Glen Waverley bus interchange services multiple SmartBus and local routes, including the 902 SmartBus orbital, connecting Glen Waverley with Chadstone, Box Hill, Monash University and surrounding suburbs.
Travel times to central Melbourne vary with peak-hour congestion on the Monash Freeway and Glen Waverley line. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Glen Waverley is recognised as one of Melbourne's most school-focused suburbs, with strong government secondary catchments and a cluster of well-known independent schools nearby.
Primary Schools
- Glen Waverley Primary School
- Glendal Primary School
- Camelot Rise Primary School
- Mount View Primary School
Secondary Schools
- Glen Waverley Secondary College
- Brentwood Secondary College
- Highvale Secondary College
- Wesley College Glen Waverley Campus
Universities
- Monash University Clayton Campus (nearby)
TAFE
- Holmesglen Institute Chadstone (nearby)
Childcare
Glen Waverley has a wide range of long day care, kindergarten and outside school hours care providers. Verify availability and waitlists directly with providers.
Amenities & Lifestyle
Glen Waverley is anchored by The Glen shopping centre, supported by Kingsway dining precinct and extensive parks and reserves.
Shopping Centres
- The Glen Shopping Centre
- Kingsway dining and retail precinct
- Chadstone Shopping Centre (nearby)
Healthcare
- Waverley Private Hospital
- Monash Medical Centre Clayton (nearby)
Recreation
- Jells Park
- Brandon Park Reserve
- Central Reserve Glen Waverley
Parks
- Jells Park
- Dandenong Creek Trail
- Glen Waverley local reserves
Community
Glen Waverley has an active community life centred on The Glen and Kingsway precincts, local sporting clubs, libraries and a diverse multicultural population.
Employment
Glen Waverley residents have strong access to employment within the Monash National Employment and Innovation Cluster as well as broader south-east Melbourne corridors.
Major Employment Hubs
- Monash University Clayton
- Monash Medical Centre Clayton
- CSIRO Clayton
- Mulgrave commercial precinct
Industrial Precincts
- Mulgrave
- Notting Hill
- Clayton South
Commercial Centres
- The Glen / Glen Waverley activity centre
- Chadstone
- Mount Waverley
Many Glen Waverley residents work locally within the Monash employment cluster in health, education, research and professional services, with others commuting to the CBD via the Glen Waverley line or Monash Freeway.
Infrastructure
Glen Waverley benefits from its location within the Monash National Employment and Innovation Cluster and ongoing investment in road, rail and activity centre infrastructure.
No further projects beyond those noted above are currently confirmed for Glen Waverley. Check Infrastructure Australia's project pipeline, State Government announcements or City of Monash's website for the latest updates.
Growth Drivers
- Suburban Rail Loop East station — Glen Waverley is planned as a station on SRL East, directly connecting it to Box Hill, Monash and Cheltenham; construction began in 2022, with a below-ground station and surrounding urban renewal earmarked for the precinct.
- Highly in-demand secondary school — Glen Waverley Secondary College, situated near the station, is one of the most in-demand government secondary schools in Victoria and a major driver of family demand.
- Major retail and entertainment hub — The Glen anchors the suburb's retail core with hundreds of stores, a cinema multiplex and the Century City Walk entertainment strip.
- Terminus rail line with major bus interchange — Glen Waverley station, the terminus of its own line, connects to a major bus interchange linking Chadstone, Monash University and Box Hill.
Key Risks
- Interest rate and lending sensitivity — like all property markets, local prices and buyer activity can be affected by changes in interest rates and lending conditions.
- School-zone price premium — the Glen Waverley Secondary College catchment effect can push prices higher, concentrating demand risk if zoning were to change.
- Construction disruption — Suburban Rail Loop East construction works may cause temporary traffic and amenity disruption over an extended build period.
Frequently Asked Questions
Glen Waverley offers a planned Suburban Rail Loop East station, one of Victoria's most in-demand government secondary schools, and a major retail hub, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Glen Waverley Primary School and Wesley College's Glen Waverley campus serve the suburb, alongside Glen Waverley Secondary College and Brentwood Secondary College.
Glen Waverley station is the terminus of the Glen Waverley line, approximately 35 minutes to Flinders Street. Verify current timetables and travel times before relying on any commute estimate.
The Glen shopping and entertainment precinct anchors the suburb, alongside the Kingsway dining strip known for its Asian cuisine and nearby Jells Park.
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Calculate Future ValueSources
- ABSAustralian Bureau of Statistics — Census QuickStats— https://www.abs.gov.au/census
- Local CouncilCity of Monash— https://www.monash.vic.gov.au/
- Department of Transport VictoriaDepartment of Transport and Planning Victoria— https://www.transport.vic.gov.au/
- Victorian Planning AuthorityVictorian Planning Authority— https://vpa.vic.gov.au/
- Infrastructure AustraliaInfrastructure Australia — Project Pipeline— https://www.infrastructureaustralia.gov.au/
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.