Blocks of units in Mount Waverley offer promising investment opportunities, leveraging the suburb’s strong rental market and increasing demand. Investing in blocks of units in Mount Waverley can provide significant returns thanks to its robust property market and low vacancy rates.

• Mount Waverley’s median unit price is $1.11M as of the Apr-Jun 2025 quarter, showing a 9.3% quarterly growth.
• The suburb has a population of 35,340 with a median household income of $2,066 per week, according to the ABS Census 2021.
• Investors can expect rental yields up to 7.5% as reported by Herron Todd White’s market review in March 2026.
• Mount Waverley offers a diverse demographic with a median age of 40 years, ideal for stable rental demand.

What do the numbers say in Mount Waverley?

Understanding the property market numbers is key to making informed investment decisions. In Mount Waverley, the median unit price reached $1.11 million in the April to June 2025 quarter, reflecting a notable 9.3% increase from the previous quarter and a 3.8% rise year-over-year according to DataVic and REIV data. This growth signifies strong demand and limited supply.

The Australian Bureau of Statistics Census 2021 highlights Mount Waverley’s appealing demographics, with a total population of 35,340 and a median household income of $2,066 weekly. This translates to a robust rental base, further underscored by a median rent of $476 per week. A closer look reveals that investors can expect gross yields up to 7.5%, a figure supported by Herron Todd White’s March 2026 analysis.

What are the key considerations?

When considering investing in blocks of units in Mount Waverley, several factors should be evaluated. The area’s low vacancy rates, coupled with rising rents, make it a compelling choice. Herron Todd White’s review notes that boutique, functional layouts are currently favored over high-density developments, aligning with broader investor trends.

Comparing with nearby areas such as Northern suburbs, Mount Waverley offers competitive yields. For instance, inner-north suburbs like Preston and Coburg offer yields of around 4.5-5% for units, suggesting Mount Waverley is a stronger candidate for higher returns. Explore more about rental yields in the high rental yield suburbs of Melbourne.

How does Collings help?

As a leading real estate firm, Collings Real Estate provides exceptional guidance for investors looking to buy blocks of units in Mount Waverley. We understand the local market intricacies and offer a portal to access off-market opportunities, maximizing your investment potential. Sign up at our off-market portal today. With our office located at 230 Waterdale Road, Ivanhoe, we are well-positioned to support your investment journey.

Additionally, check out our related guides on investing in blocks of units in North Melbourne for diverse property insights.

Frequently asked questions

How profitable is investing in blocks of units in Mount Waverley?

Investing in blocks of units in Mount Waverley can be highly profitable, offering yields of up to 7.5% as per the latest market reviews.

What is the current median price for units?

The median price for units in Mount Waverley was $1.11 million in the Apr-Jun 2025 quarter.

What makes Mount Waverley attractive to investors?

Mount Waverley is attractive due to its strong rental market, growing property values, and a stable demographic profile.

For further assistance and to explore exclusive investment opportunities, contact us at 03 9486 2000 or email info@collings.com.au. Our expert team is ready to help you achieve your investment goals in Mount Waverley.