VIC/
Glen waverley

Suburb Profile

Glen Waverley - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3150

house
unit

Property investors enjoyed capital gains of 3.79% over the last 12 months in GLEN WAVERLEY, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in GLEN WAVERLEY are low, as opposed to average gains per annum over the past five years.

The suburb posted a 44.44% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

On average, rents on listings have reached the $480 mark, reflecting a 1.92% increase in returns based on the current median price in GLEN WAVERLEY.

GLEN WAVERLEY, 3150 ranks 536th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 567th on the list of best yielding suburbs for rental properties in VIC, posting a 1.92% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,300,000 $750,000
GROWTH REPORT
Median Quarterly 4% 7.14%
Median 12 month 3.79% -3.47%
Median 3 years 44.44% 22.95%
Median 5 years 79.93% 51.82%
10 years average annual 10.94% 7.25%
Weekly media advert. rent $480 $445
Time on Market 97.6 days 89.4 days
Gross Rental Yield Percent 1.92% 3.09%
demographics (median values)
Total Population
38217
Weekly Household Income
1170
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories