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Glen Waverley is a prestigious eastern suburb of Melbourne, located 19 km southeast of the CBD, serving as the council seat of the City of Monash. With a population of 42,642 (2021 census), Glen Waverley is renowned as the "Centre of the Universe" by local Chinese Australian residents due to its exceptional amenities, transport links, and quality of life.
Glen Waverley has developed into a significant business hub in metropolitan Melbourne, hosting Australian headquarters for international companies including Toshiba, Ansell, and NEC. The Glen Shopping Centre ranks as Victoria's eleventh-largest shopping mall, while Kingsway has evolved into a vibrant dining and entertainment district with strong Asian influences, featuring Century City Walk multiplex and numerous hotels.
The suburb is home to Glen Waverley Secondary College, considered Victoria's best and one of Australia's best non-selective co-educational public secondary schools. It also hosts the main boarding campus of Wesley College, one of Victoria's most prestigious private schools. The area provides excellent access to Monash University Clayton campus and other tertiary institutions via direct transport links.
Glen Waverley serves as a major transport interchange, being the terminus of the Glen Waverley railway line with frequent services to Melbourne CBD. The suburb will become a key hub in the future Suburban Rail Loop project, connecting to automated underground trains. Multiple bus routes provide extensive connectivity to shopping centers, universities, and surrounding suburbs.
Glen Waverley is notably multicultural, with 69.1% of residents born overseas (2016 census). The largest communities include Chinese (15.5%), Indian (9.4%), Sri Lankan (9.3%), and Malaysian (5.5%) residents. This diversity is reflected in the suburb's dining, cultural events, and community facilities, creating a welcoming international atmosphere.
Glen Waverley had the seventh highest number of million-dollar house sales in Melbourne in 2013, with continued price growth driven by Chinese property investment and the suburb's desirable amenities. The area offers a mix of established homes on large blocks and modern townhouse developments, representing excellent investment potential.
The suburb features extensive recreational facilities including the Monash Aquatic and Recreation Centre (MARC), numerous sporting clubs for football, cricket, tennis, and golf, and parks along Dandenong Creek. The area's elevation varies from river flats to hilly regions, providing diverse and attractive landscapes for residents.
Data updated June 2025
Median price
$1,665,000
Avg days on market
41
Auction clearance
75%
Buyer demand
Low
Annual growth
-2.8%
Properties sold
497
Homes in Glen Waverley are showing steady interest with a median price of $1,665,000 and -2.8% annual growth. Properties typically sell within 41 days, with 7645 interested buyers recorded in the last period.
Explore the Glen Waverley area and discover what makes this VIC suburb an attractive place to live and invest.
Interactive map showing Glen Waverley and surrounding areas
Whether you're considering selling, refinancing, or simply want to understand your property's current market value, a professional appraisal provides crucial insights for Glen Waverley homeowners.
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Data updated June 2025
Data updated June 2025
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Glen Waverley offers an exceptional combination of lifestyle, convenience, and investment potential that makes it highly attractive to buyers and investors alike.
Top-rated primary and secondary schools nearby
Excellent public transport and highway access
Vibrant local shops, cafes, and restaurants
Beautiful parks and recreational facilities
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