Is GLEN WAVERLEY a good suburb for positive geared property investment in Australia?

GLEN WAVERLEY in VIC currently features property rental yields up to 2.5% with a 12-month capital growth value of Up 1.2%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in GLEN WAVERLEY 3150?

The median house price in GLEN WAVERLEY 3150 is approximately $1,720,000 based on the latest tracked market indices.

Investment Spotlight • Australia

GLEN WAVERLEY 3150

State: VIC

Updated: 6 August 2026

PosiProp AI Investment Summary

GLEN WAVERLEY (VIC 3150) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.5% and has experienced a 12-month capital growth of Up 1.2%, with a median house buy price of $1,720,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,592,000

Down -1.2% 2.5% Yield

3 house • buy

$1,588,000

Down -0.8% 2.4% Yield

4 house • buy

$1,633,000

Down -3.4% 2.6% Yield

all house • buy

$1,720,000

Up 1.2% 2.5% Yield

Suburb Market Profile

Last month Glen Waverley had 176 properties available for rent and 206 properties for sale. Median property prices over the last year range from $1,720,000 for houses to $913,500 for units. If you are looking for an investment property, consider houses in Glen Waverley rent out for $800 PW with an annual rental yield of 2.5% and units rent for $750 PW with a rental yield of 4.5%. Glen Waverley has seen an annual compound growth rate of 1.2% for houses and -1.0% for units.

Loading local listings...