Mount Waverley is one of Melbourne’s most popular family suburbs in the Monash LGA, combining Mount Waverley Secondary College (consistently ranked in Victoria’s top 5 state schools), direct Glen Waverley rail access, and proximity to the Monash employment corridor.
Mount Waverley Rental Yield Data 2026
| Property Type | Median Price | Median Weekly Rent | Gross Yield |
|---|---|---|---|
| House | $1,480,000 | $700 | 2.5% |
| Unit/Apartment | $680,000 | $530 | 4.1% |
| Townhouse | $1,050,000 | $680 | 3.4% |
Is Mount Waverley a Good Rental Investment?
Mount Waverley is a school zone capital growth play. The MWSC catchment adds $150,000 to $250,000 to qualifying house prices. Yield is low at 2.5% for houses but units at 4.1% are viable. Strong and consistent demand from Chinese-Australian families underpins occupancy and makes vacancy rare.
Find Off-Market Properties in Mount Waverley
Access exclusive off-market listings in Mount Waverley: collings.com.au/portal.
Frequently Asked Questions
What is the rental yield in Mount Waverley?
Gross rental yield in Mount Waverley is approximately 2.5% for houses and 4.1% for units in 2026.
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