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 2.3% and has experienced a 12-month capital growth of Up 6.5%, with a median house buy price of $1,767,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,570,000
$1,650,000
$1,720,000
$1,767,500
Suburb Market Profile
Last month Glen Waverley had 148 properties available for rent and 232 properties for sale. Median property prices over the last year range from $1,767,500 for houses to $905,000 for units. If you are looking for an investment property, consider houses in Glen Waverley rent out for $780 PW with an annual rental yield of 2.3% and units rent for $730 PW with a rental yield of 4.0%. Glen Waverley has seen an annual compound growth rate of 6.5% for houses and -3.2% for units.