Glen Waverley is Melbourne’s strongest middle-ring growth suburb of the past decade — 21km from the CBD with The Glen shopping centre, excellent train access and the most sought-after school zone in Melbourne outside the inner-east. Glen Waverley Secondary College drives extraordinary price premiums for properties inside its catchment.
Glen Waverley Market Snapshot 2026
| Metric | Houses | Units |
|---|---|---|
| Median Price | $1.68M | $720k |
| Rental Yield | 3.1% | 4.4% |
| Annual Growth | +7.8% | +5.6% |
| Median Rent (pw) | $650 | $490 |
| Days on Market | 22 | 27 |
| Vacancy Rate | 1.1% | 1.4% |
GeeVee Investment Score — Glen Waverley
| Factor | Score |
|---|---|
| Capital Growth | 9/10 |
| School Zone Premium | 10/10 |
| Tenant Demand | 9/10 |
| Rental Yield | 5/10 |
| Infrastructure | 8/10 |
| GeeVee Score | 8.2/10 |
Glen Waverley Secondary College Zone
The GWSC catchment is the single most valuable school zone premium in outer Melbourne. Properties inside the catchment command a $200,000 to $400,000 premium over comparable properties 500m outside the boundary. This creates a durable, structural price floor that makes GWSC-zone properties one of the safest capital growth investments in Melbourne.
Access off-market Glen Waverley listings at collings.com.au/portal
Glen Waverley Property FAQs
Is Glen Waverley a good investment suburb?
Glen Waverley scores 8.2/10 on the GeeVee Investment Score — one of the highest in Melbourne’s middle ring. The GWSC school zone premium, strong capital growth (+7.8%) and low vacancy (1.1%) make it one of Melbourne’s most reliable investment suburbs.
Whether you are buying, selling or investing in Glen Waverley, the Collings Property Platform gives you access to off-market opportunities and GeeVee AI analysis. Join free today. collings.com.au/portal
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