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Navigating Glen Waverley’s Property Market: Your Definitive Guide with Ray White Judd White Group
The real estate landscape in Melbourne, particularly in vibrant suburbs like Glen Waverley, is constantly evolving. Are you looking to buy, sell, or invest in this highly sought-after area? This guide equips you with the insights, data, and expert perspectives you need to make informed decisions.
Median House Price
$1,665,000
as of mid-2025
Median Unit Price
$920,000
as of mid-2025
Unit Price Growth
+4.5%
past 12 months
Ray White Judd White Group: Your Glen Waverley Real Estate Authority
When it comes to navigating the complexities of the Glen Waverley property market, choosing the right real estate agency makes all the difference. Ray White Judd White Group, a prominent local entity within the expansive Ray White network, combines the strength of Australasia’s largest real estate group with unparalleled local knowledge and a deep commitment to the Glen Waverley community.
About Ray White Judd White Group & Our Commitment to Glen Waverley
At Ray White Judd White Group, our foundation is built on a century of family history and an unwavering focus on client interests. We believe in a personalized, empathetic, and strategic approach to real estate, ensuring our clients achieve superior outcomes and receive an exemplary service. Our team is not just selling properties; we’re building relationships and contributing to the fabric of Glen Waverley.
Our Dedicated Team
Our dedicated team of real estate agents brings a wealth of experience and local expertise to every transaction. Key agents like Andrew Dimashki, Daniel Galea, Dexter Prack, Anna Du, Anita Meng, Julie Wells, and Jing Chen are renowned for their professionalism, communication, and ability to secure exceptional results for their clients. For instance, Andrew Dimashki, a Partner, has 33 sales as a lead agent, while Anna Du, a Licensed Estate Agent, has 37 sales.
Beyond transactions, Ray White Judd White Group is deeply embedded in the Glen Waverley community. We understand that real estate is about more than just bricks and mortar; it’s about homes, families, and the vibrant community that surrounds them. Our local involvement ensures we have our finger on the pulse of what truly matters to residents and future residents of Glen Waverley.
Properties for Sale & Rent in Glen Waverley
Glen Waverley offers a diverse range of properties, from spacious family homes to modern units and townhouses, catering to various lifestyles and budgets. Whether you’re looking to buy your dream home or find the perfect rental, Ray White Judd White Group provides access to a comprehensive portfolio of listings.
Current Listings, Inspections, and Auctions
Our website features a dynamic, real-time feed of houses, units, townhouses, and apartments currently available for sale and rent in Glen Waverley. Each listing provides comprehensive details, including the number of bedrooms, bathrooms, car spaces, land size, and property type, accompanied by high-quality images and floorplans.
We regularly update our schedule for upcoming inspections and auctions, making it easy for you to plan your property search.
Example: 608 High Street Road, Glen Waverley
What houses are for sale near The Glen Shopping Centre?
Glen Waverley boasts a variety of homes close to key amenities like The Glen Shopping Centre. Our listings often highlight proximity to such landmarks, making it easier for you to find properties in your preferred location. For instance, properties like 1201/39 Kingsway, Glen Waverley, an apartment, are centrally located. We also feature properties in surrounding suburbs like Clayton, Bayswater, Wheelers Hill, and Mount Waverley, expanding your options.
New Build Homes and Off-Market Opportunities in Glen Waverley:
While not always publicly advertised, new build homes and off-market properties represent significant opportunities. Due to strong buyer competition, many deals are happening off-market. Our agents, with their extensive local networks, are often privy to these exclusive listings, providing savvy buyers with a competitive edge. If you’re interested in new builds or off-market properties, connect with our team to discuss your specific needs.
Glen Waverley Property Market Insights & Forecasts
Understanding the current and future trends of the Glen Waverley property market is essential for making strategic decisions. Our expert analysis, backed by the latest data, provides a clear picture of this dynamic landscape.
Median Price Trends and Growth Rates (2024-2025)
The Glen Waverley property market has seen varied performance across different property types. As of June 2024 – June 2025, the median price for a house in Glen Waverley is $1,665,000, with a slight decrease of -2.5% over the past 12 months. O’Brien Real Estate reports a median house price of $1,675,500 as of February 20, 2025, with an annual compound growth rate of -1.8%.
For units, the median price stands at $920,000, showing a positive growth of 4.5% over the past 12 months. O’Brien Real Estate indicates a median unit price of $952,000 as of February 20, 2025, with a robust annual compound growth rate of 11.3%. This suggests that while house prices have seen a slight dip, the unit market is experiencing strong growth.
Houses
$1,665,000
-2.5% (Past 12 Mths)
Units
$920,000
+4.5% (Past 12 Mths)
Detailed Breakdown (June 2024 – June 2025)
| Property Type | Bedrooms | Median Price | Past 12 Month Growth | Median Days on Market | Rental Yield |
|---|---|---|---|---|---|
| Houses | All | $1,665,000 | -2.5% | 43 days | 2.3% |
| Houses | 2-bed | $1,565,000 | -7.3% | 15 days | 2.2% |
| Houses | 3-bed | $1,607,900 | +0.5% | 54 days | 2.2% |
| Houses | 4-bed | $1,668,500 | -0.7% | 39 days | 2.4% |
| Units | All | $920,000 | +4.5% | 79 days | 4.1% |
| Units | 1-bed | $477,500 | -34.3% | 58 days | 5.2% |
| Units | 2-bed | $690,000 | -5.5% | 82 days | 4.9% |
| Units | 3-bed | $1,022,250 | -7.1% | 64 days | 3.8% |
Rental Market Analysis
The rental market in Glen Waverley remains strong, reflecting broader trends across Victoria. Houses in Glen Waverley rent for a median of $720 per week, yielding a 2.3% annual rental return, while units rent for $680 per week, yielding a 4.0% annual rental yield. The median rental price for 1-bedroom units saw a significant increase of 29.2% over the past 12 months, reaching $620 per week.
Despite some property price declines, rents have risen sharply due to low vacancy rates, averaging just 1% across Victoria as of April 2025. This tight rental supply is assisting landlords in covering mortgage repayments, with tenants bearing the brunt of higher interest rates.
Expert Commentary and Future Predictions (2025-2026)
“The Melbourne property market has been experiencing a prolonged period of price stagnation and declines, making it one of the most undervalued capital cities in Australia in 2025. This means the Melbourne property market is now ripe for investors and many opportunities exist to invest in this market before price rise,” states an industry insight.
KPMG Property Forecast (Melbourne)
KPMG’s latest property forecast predicts a steady rise in real estate prices, with house and unit values set to climb through 2025 and 2026. They forecast house prices to grow by 3.3% in 2025 and 6% in 2026, while unit prices are expected to outpace houses, rising by 4.6% in 2025 and 5.5% in 2026. Melbourne is projected to outperform Sydney in unit price growth in 2026, with an anticipated 7.1% increase. This suggests a positive long-term outlook for property values in Glen Waverley, particularly for units.
Living in Glen Waverley: Comprehensive Suburb Guide
Glen Waverley is more than just a postcode; it’s a vibrant community offering an exceptional lifestyle. Our comprehensive suburb guide delves into what makes Glen Waverley a highly desirable place to live, work, and invest.
Neighborhood & Lifestyle
Known for its leafy streets, family-friendly atmosphere, and diverse community. Residents enjoy numerous parks, the Monash Aquatic Centre, and the vibrant dining and retail hubs of The Glen and Kingsway.
Education & School Zones
A major draw is the highly regarded education system. Properties within the coveted Glen Waverley Secondary College zone command a premium. Wesley College and Caulfield Grammar are also nearby.
Transport & Accessibility
Excellent connectivity with Glen Waverley and Syndal train stations providing direct CBD access. A comprehensive bus network and easy access to the Monash and Eastlink Freeways make commuting seamless.
Future Developments
Upcoming infrastructure like the Suburban Rail Loop and Metro Tunnel will enhance appeal and drive long-term capital growth, especially near new transport hubs.
“If you are holding for the long term, areas that have a lot of construction around are not a nice area to live in now, so there is a strong chance you can negotiate a better deal… However, once the projects are completed, these areas are the ones that will benefit… and this promotes strong future capital growth,” advises an industry expert.
Selling & Buying with Ray White Judd White Group
Whether you’re looking to sell your cherished home or embark on the exciting journey of buying a new one, Ray White Judd White Group is here to guide you every step of the way. Our proven processes and local expertise ensure a smooth and successful experience.
The Selling Process: Our “Powerful 3 Step Formula”
Property Review & Strategy
We begin with a free consultation to discuss the most effective way to sell your home, utilizing our “SMARTRE” strategy for a tailored plan.
Launch Customised Marketing
Your home gets maximum exposure online and to our database of qualified buyers, using professional photography and targeted campaigns.
Connect with the Perfect Buyer
Our skilled negotiators work tirelessly to connect your property with the ideal buyer, ensuring you achieve the best possible price.
How to get a free property appraisal in Glen Waverley?
Requesting a free, no-obligation property appraisal from Ray White Judd White Group is simple. You can easily initiate this process through our website or by contacting our office directly. Our experienced agents will provide an accurate valuation based on current market conditions and recent comparable sales in Glen Waverley.
The Buying Process: Your Path to a New Home
For buyers, especially first-home buyers, navigating the market can be daunting. Ray White Judd White Group simplifies the buying process, offering expert guidance and support from understanding your needs to settlement.
First Home Buyer Guide Glen Waverley: For first-time buyers, we offer tailored advice and resources to demystify the process. This includes understanding government grants, loan options, and the specific steps involved in purchasing your first home in Glen Waverley.
Tools and Resources for Your Real Estate Journey
To further empower your real estate decisions, we offer a suite of tools and resources designed to provide valuable insights and simplify complex processes.
Advanced Property Appraisal Calculator
Get a nuanced estimate of your property’s worth.
Suburb Comparison Tool
Compare key metrics for Glen Waverley and its neighbors.
Interactive School Zone Map
Identify properties within your preferred school catchments.
Video Content & Tours
Explore neighborhoods and get tips from our agents.
Glen Waverley Market Report
Download our in-depth report on trends and forecasts.
Buyer/Seller Checklists
Comprehensive guides for every step of your journey.
Frequently Asked Questions (FAQs)
As of June 2024 – June 2025, the median house price in Glen Waverley is $1,665,000. O’Brien Real Estate reports $1,675,500 as of February 20, 2025.
Yes, Glen Waverley is considered a good investment suburb, particularly for units, which have shown strong growth (up 4.5% in the past 12 months) and offer high rental yields (4.1%). The suburb also benefits from strong rental demand and future infrastructure projects.
You can request a free, no-obligation property appraisal from Ray White Judd White Group by contacting our office directly or filling out the appraisal request form on our website.
Glen Waverley Secondary College zone is highly sought after and significantly impacts property values in the area. Other reputable schools include Wesley College and Caulfield Grammar.
Glen Waverley is well-serviced by public transport, including the Glen Waverley train station and Syndal station, providing direct access to Melbourne CBD. A comprehensive bus network also operates throughout the suburb.
For houses, the annual rental yield is 2.3%, with a median rent of $720 per week. For units, the annual rental yield is 4.0%, with a median rent of $680 per week.
Your Partner in Glen Waverley Real Estate Success
The Glen Waverley real estate market offers a wealth of opportunities. By leveraging the latest market data, understanding local nuances, and partnering with a trusted expert, you can navigate this dynamic landscape with confidence. Ready to make your next move?
Contact Ray White Judd White Group Today!
