The median house price in Glen Waverley is approximately $1.68 million in 2026. Units have a median of $720,000. Glen Waverley is 21km from the CBD and contains Melbourne’s most valuable middle-ring school zone — Glen Waverley Secondary College (GWSC).
Glen Waverley Price Breakdown
| Property Type | Median Price | Annual Growth | Gross Yield |
|---|---|---|---|
| House (GWSC zone) | $1.85M | +8.4% | 3.0% |
| House (outside zone) | $1.45M | +6.1% | 3.5% |
| Unit / Apartment | $720k | +5.6% | 4.4% |
GWSC School Zone Premium
Properties inside the Glen Waverley Secondary College catchment trade at a $200,000 to $400,000 premium over comparable properties outside the boundary. This school zone premium has been consistent for over a decade and represents one of the most reliable value anchors in Melbourne’s middle ring.
For off-market access to Glen Waverley properties: collings.com.au/portal
Glen Waverley Price FAQs
What is the school zone premium in Glen Waverley?
Properties inside the Glen Waverley Secondary College catchment command a $200,000 to $400,000 premium over comparable properties outside the boundary. This zone premium has been consistently documented for over a decade and is one of the most reliable value anchors in Melbourne’s middle ring.
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
Find your next property with Collings
Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.
