GLEN WAVERLEY 3150
State: VICPosiProp 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 0.6%, with a median house buy price of $1,709,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,852,000
$1,545,500
$1,633,000
$1,709,750
Suburb Market Profile
Last month Glen Waverley had 164 properties available for rent and 193 properties for sale. Median property prices over the last year range from $1,709,750 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 4.2%. Glen Waverley has seen an annual compound growth rate of 0.6% for houses and -1.5% for units.
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