Glen Waverley

Glen Waverley is the pre-eminent suburb in Melbourne’s south-eastern middle ring, attracting families, professionals, and investors at scale. With a population exceeding 42,000 — growing 5.7% since 2016 — it is one of the most active property markets in the Monash LGA.

The suburb operates as a genuine urban centre, anchored by The Glen Shopping Centre (200+ stores), the Kingsway dining precinct, and Glen Waverley Station. The GWSC school zone remains one of the most searched and competed catchments in Victoria.

Glen Waverley

Market Snapshot

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Why developers love Glen Waverley

Premium Eastern Suburb

Active Development Market

Top School Zone

WUC Established Zone

Development Opportunities

Glen Waverley is one of WestUrban Group’s highest-performing development markets, combining strong end-product values, active townhouse absorption, and sustained buyer demand from the education catchment and multicultural owner-occupier segment.

  • SRL East corridor investment is expected to drive further price appreciation along the rail alignment
  • House median of $1.73M supports premium townhouse pricing and strong feasibility outcomes
  • Active rental market from Monash University students, professionals, and corporate tenants
  • GWSC school zone drives owner-occupier demand — reducing end-product selling risk
  • Modern townhouses and apartments consistently attract downsizers, professionals, and investors

Planning & Zoning

nfrastructure: Glen Waverley Station (terminus of the Glen Waverley line) provides direct CBD access. The planned Suburban Rail Loop East (SRL) station will substantially boost connectivity and property values along the corridor — a significant long-term infrastructure tailwind.

Lifestyle: Monash Aquatic and Recreation Centre, Jells Park, Village Cinemas, and a vibrant multicultural dining precinct. The suburb attracts households with a median weekly income of $1,918.

Ownership: 69.3% owner-occupied — a stable, long-tenure market with consistent replacement demand.

 

Why Partner with WestUrban in Glen Waverley

Extensive experience delivering multi-unit, high-end and medium-density projects in Monash.

Strong relationships with local consultants and planning authorities

Proven track record across townhouse and multi-unit developments

ISO-certified builder focused on quality, safety, and delivery

Recent Investment Projects Delivered in Glen Waverley

Disclaimer
The information provided on this page is based on publicly available data and third-party sources at the time of publication. Market conditions, pricing, and planning controls are subject to change without notice. This content is intended for general information only and does not constitute financial, investment, or professional advice. Independent advice should be sought before making any property or development decisions.

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