The mount waverley median house price in 2026 stands at $1.64 million for houses and $1.11 million for units, reflecting a thriving market in this desirable suburb. Over the year, house prices have risen by 2.7%, while units have seen a 3.8% growth, indicating strong demand and limited supply.

• The median house price in Mount Waverley is $1.64 million as of 2026.
• The quarterly growth for house prices is 4.8%, and for units, it is 9.3%.
• Population in Mount Waverley is 35,340, with a median household income of $2,066 per week.

What do the numbers say in Mount Waverley?

Delving into the specifics, Mount Waverley has shown considerable financial stability and growth. According to DataVic and REIV, the median sale price for houses in the April-June 2025 quarter was $1.64M, marking a quarter-over-quarter increase of 4.8% and a year-over-year rise of 2.7%. In contrast, unit prices have surged to $1.11M over the same period, with a significant quarter-over-quarter growth of 9.3% and a year-over-year increase of 3.8%.

This growth is indicative of a strong investment potential, especially for those looking to enter the market. Notably, the mount eliza median house price and comparative suburbs like mount helen median house price show varying trends, making Mount Waverley a unique proposition for investors and buyers alike.

What are the key considerations?

In evaluating the market, several demographic factors come into play. The Australian Bureau of Statistics 2021 Census reports a population of 35,340 in Mount Waverley, with a median age of 40.0 years and a median household income of $2,066 per week. Rental figures show a median rent of $476 per week, underscoring the suburb’s strong allure for both live-in owners and property investors.

Moreover, Herron Todd White’s March 2026 review describes Melbourne’s broadly positive outlook, highlighting resurging interest from investors, especially in suburbs with low vacancy rates. Mount Waverley’s market aligns with these trends, providing robust opportunities for capital growth and rental yields.

How does Collings help?

At Collings, we take pride in offering comprehensive services that cater to sellers, buyers, and investors. Our expertise in the Mount Waverley property landscape enables us to provide accurate appraisals aligned with market conditions. For those interested in buying, selling, or investing in Mount Waverley, we deliver bespoke services informed by meticulous research and data insights.

Contact us for a free property appraisal at 03 9486 2000 or via email at info@collings.com.au. Additionally, explore more insights through our median house price Glen Waverley article.

Stay ahead of the market trends with our portal at Collings Portal for exclusive off-market opportunities.

Frequently asked questions

What is the current population of Mount Waverley? The population is 35,340 as recorded by the ABS Census 2021.

How do median house prices compare over the quarters? There is a 4.8% quarter-over-quarter increase for houses and 9.3% for units as of the April-June 2025 quarter.

What kind of rental yields can investors expect? Investors can expect substantial yields given the low vacancy rates and rising rents in similar areas.