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Glen Waverley

The Glen Waverley property market has performed strongly over the past 12 months to February 2020.

There have been 786 properties listed over the past 12 months, while 589 have sold. This compares to 796 listings for the same time last year, and 527 sales.

The current median sales price of a house in Glen Waverley is $1,300,000. This represents a fairly consistent movement of 3.2% over the past 12 months.

The time it takes to sell a house in Glen Waverley is currently 37.5 days. This timing is 9.5 days higher than a typical 4 week auction campaign.

For apartments, the median sales price is $850,000. Apartment prices have risen by 6.3% over the past 12 months. The time it takes to sell a unit in Glen Waverley is currently 49 days.

MICRO-SUBURBS
Median (# Sales)
HousesUnits
1$1,464,500
(108)
$1,025,000
(23)
2$1,188,000
(83)
$721,000
(15)
3$1,190,000
(31)
$805,000
(21)
4$1,703,500
(36)
$856,250
(54)
5$1,428,000
(70)
$1,000,330
(26)
6$1,138,750
(72)
$774,000
(46)

Median Sales

House
Unit
$1,260,000

Feb 2019
(12 months)

$1,300,000

Feb 2020
(12 months)

$800,000

Feb 2019
(12 months)

$850,000

Feb 2020
(12 months)

 HouseMedian Sales Price Change inHouseMedian Sales Price

Number of Sales

445
Feb 2019
(12 months)
443
Feb 2020
(12 months)

-0.4%

MOVEMENT


82
Feb 2019
(12 months)
146
Feb 2020
(12 months)

78%

MOVEMENT

Number of Listings

 House Listings Unit Listings
512
274
40
Days on Market

Rentals

Rental Yield

2.1%

Median Asking Rent

$530
per week

Percentage Rented

HOUSES & UNITS
24.9%

Rental Yield

3.2%

Median Asking Rent

$530
per week

Population

Population
40,331

Family Composition

CHILDLESS COUPLE

31.5%

COUPLES WITH CHILDREN

53.3%

SINGLE PARENTS

13.4%

OTHER

1.9%

Tenure Type

RENTING

24.9%

OWNS OUTRIGHT

44.5%

PURCHASING

28.1%

OTHER

0%

Definitions and Disclaimers

Sales metrics are for the period 1 Mar 19 - Feb 20 unless otherwise stated. For listings, 1 May 19 - Apr 20.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.