micromarkets

Mount Waverley, VIC 3149

Property data updated July 202635,340 residents

Last 12 months snapshot

661 sales · 742 leases · Refreshed July 2026

Mount Waverley property market

Activity in Mount Waverley is spread across all four markets, led narrowly by unit rentals, with 397 sales (down 10.4%) at around $1.614M (down 1.6%) as of July 2026, taking about 29 days to sell (up from 26 days last year), more sought-after than most house markets in Victoria, with 3-bedroom the most common at around 39%.

Unit rentals sit just behind, with 374 leases (down 7%) at $715 a week (up 4.4%), renting out in about 20 days, with 3-bedroom the most common at around 4 in 10. Rounding it out, 368 house rentals at $745 a week (up 5.7%), among the country's most in-demand house rental markets. 264 unit sales at around $1.099M (down 0.8%).

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Mount Waverley demographics & population

Population

35,340

Median age

40yrs

Avg household

2.7people

Male · Female

49% · 51%

Owner-occupied

Renting

Lone person

Couples, no kids

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

The full Mount Waverley report

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Census · ABS 2021

Who lives in Mount Waverley?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex17,870 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

1.6 people / household0.5 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity49%

Chance two random residents were born in different countries

Language diversity60%

Chance two random residents speak different languages at home

Religious diversity37%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Before 198150%

1981-200050%

2001-201050%

2011-201550%

2016-202150%

2020–21 understated — COVID border closures.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Mount Waverley

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rentTop 21%

Median monthly mortgageTop 46%

Rent stress (rent ÷ income)Top 50%

Mortgage stress (repay ÷ income)Top 50%

High mortgage (≥$3k/mo)Top 50%

Social housingTop 50%

Unoccupied on census nightTop 50%

Large dwellings (4+ bed)Top 50%

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Mount Waverley

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal incomeBottom 44%

Median family incomeTop 36%

Managers & professionalsTop 50%

High earners (≥$2k/wk)Top 50%

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionalsTop 50%

Clerical & adminTop 50%

Community & personal serviceTop 50%

Sales workersTop 50%

Technicians, trades & labourersTop 50%

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 3.1× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workersTop 50%

Part-time workersTop 50%

Unemployment rateTop 50%

Not in labour forceTop 50%

Labour-force participationTop 50%

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Mount Waverley

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to workTop 50%

Walked or cycled to workTop 50%

Worked from homeTop 50%

No motor vehicleTop 50%

Vehicles per dwellingBottom 13%

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Mount Waverley

10 schools inside Mount Waverley, plus the closest options around it. Families can choose from 105 primary schools in Mount Waverley and its surrounds, and 44 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Mount Waverley10schools in the suburb itself

Primary schools105within 5 km · nearest in suburb

Secondary schools44within 5 km · nearest in suburb

Median ICSEA rank50thenrolment-weighted

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within150 schools

Within Mount Waverley · 10Order by
1
Huntingtower SchoolIndependent · Combined · Co-ed · Years Prep-12 · Within suburb
State RankP Top 1%S Top 50%EnglishP S MathsP S Students410Multilingual50%ICSEA Rank50th
2
Mount Waverley Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Within suburb
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
3
Mount Waverley Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
4
Holy Family SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburb
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
5
Syndal South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
6
Mount Waverley North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
7
Pinewood Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
8
Mount Waverley Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
9
Essex Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
10
Avila CollegeCatholic · Secondary · Co-ed · Years 7-12 · Within suburb
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
Nearby · within 5 km · 140
11
Presbyterian Ladies' CollegeIndependent · Combined · Co-ed · Years Prep-12 · Burwood · 3.2 km
State RankP Top 1%S Top 1%EnglishP S MathsP S Students410Multilingual50%ICSEA Rank50th
12
St Christopher's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glen Waverley · 3.2 km
State RankTop 1%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
13
Wheelers Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wheelers Hill · 3.2 km
State RankTop 1%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
14
Oakleigh South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Oakleigh South · 3.2 km
State RankTop 1%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
15
Kilvington Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Ormond · 3.2 km
State RankP Top 1%S Top 50%EnglishP S MathsP S Students410Multilingual50%ICSEA Rank50th
16
Fintona Girls' SchoolIndependent · Combined · Years Prep-12 · Balwyn · 3.2 km
State RankP Top 1%S Top 50%EnglishP S MathsP S Students410Multilingual50%ICSEA Rank50th
17
Ashwood High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Ashwood · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
18
Glen Waverley Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
19
Brentwood Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
20
Highvale Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
21
Sacred Heart Girls' CollegeCatholic · Secondary · Co-ed · Years 7-12 · Hughesdale · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
22
Kingswood CollegeIndependent · Combined · Co-ed · Years Prep-12 · Box Hill · 3.2 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students410Multilingual50%ICSEA Rank50th
23
Mazenod CollegeCatholic · Secondary · Co-ed · Years 7-12 · Mulgrave · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
24
Box Hill High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Box Hill · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
25
Korowa Anglican Girls' SchoolIndependent · Combined · Co-ed · Years Prep-12 · Glen Iris · 3.2 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students410Multilingual50%ICSEA Rank50th
26
Sacre CoeurCatholic · Combined · Co-ed · Years Prep-12 · Glen Iris · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
27
Strathcona Baptist Girls' GrammarIndependent · Combined · Co-ed · Years Prep-12 · Canterbury · 3.2 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students410Multilingual50%ICSEA Rank50th
28
Nunawading Christian College - SecondaryIndependent · Secondary · Co-ed · Years 7-12 · Nunawading · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
29
Vermont Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Vermont · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
30
Waverley Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Wantirna South · 3.2 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students410Multilingual50%ICSEA Rank50th
31
Mckinnon Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Mckinnon · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
32
Glen Eira CollegeGovernment · Secondary · Co-ed · Years 7-12 · Caulfield East · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
33
The Knox SchoolIndependent · Combined · Co-ed · Years Prep-12 · Wantirna South · 3.2 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students410Multilingual50%ICSEA Rank50th
34
Canterbury Girls Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Canterbury · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
35
Burwood East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Burwood East · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
36
Glendal Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
37
St Leonard's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
38
Glen Waverley Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
39
Glen Waverley South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
40
Oakleigh Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Oakleigh · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
41
Highvale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
42
Ashburton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ashburton · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
43
Mount View Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
44
St Michael's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ashburton · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
45
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Oakleigh · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
46
Huntingdale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Oakleigh South · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
47
Good Shepherd SchoolCatholic · Primary · Co-ed · Years Prep-6 · Wheelers Hill · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
48
Burwood Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Burwood East · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
49
Wattle Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Burwood · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
50
Weeden Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Vermont South · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
51
Solway Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ashburton · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
52
Hartwell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Camberwell · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
53
Murrumbeena Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Murrumbeena · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
54
Hughesdale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hughesdale · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
55
Livingstone Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Vermont South · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
56
Camelot Rise Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Waverley · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
57
Brandon Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wheelers Hill · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
58
Clarinda Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clarinda · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
59
Glen Iris Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Iris · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
60
Jells Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wheelers Hill · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
61
Waverley Meadows Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wheelers Hill · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
62
St Cecilia's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glen Iris · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
63
Blackburn Lake Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
64
Canterbury Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Canterbury · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
65
Carnegie Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carnegie · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
66
St John Vianney's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Mulgrave · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
67
Camberwell South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Iris · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
68
Coatesville Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bentleigh East · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
69
Our Holy Redeemer SchoolCatholic · Primary · Co-ed · Years Prep-6 · Surrey Hills · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
70
Mount Pleasant Road Nunawading Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Nunawading · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
71
Nunawading Christian College - PrimaryIndependent · Primary · Co-ed · Years Prep-6 · Nunawading · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
72
Blackburn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
73
Vermont Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Vermont · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
74
Mckinnon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ormond · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
75
Glen Huntly Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Huntly · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
76
Valkstone Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bentleigh East · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
77
Chatham Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Surrey Hills · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
78
Mont Albert Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mont Albert · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
79
Camberwell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Camberwell · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
80
Balwyn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Balwyn · 3.2 km
State RankTop 50%EnglishMathsStudents410Multilingual50%ICSEA Rank50th
81
Frank Dando Sports AcademyIndependent · Special · Co-ed · Years 6-10 · Ashwood · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
82
Salesian College ChadstoneCatholic · Secondary · Co-ed · Years 7-12 · Chadstone · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
83
Parkhill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ashwood · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
84
Burwood East Special Developmental SchoolGovernment · Special · Co-ed · Years U · Burwood East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
85
Christ Our Holy Redeemer SchoolCatholic · Primary · Co-ed · Years Prep-6 · Oakleigh East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
86
Ashwood SchoolGovernment · Special · Co-ed · Years U · Ashwood · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
87
St Scholastica's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bennettswood · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
88
Amsleigh Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Oakleigh East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
89
Glenallen SchoolGovernment · Special · Co-ed · Years U · Glen Waverley · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
90
Mount Scopus Memorial CollegeIndependent · Combined · Co-ed · Years Prep-12 · Burwood · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
91
Cheshire SchoolIndependent · Special · Co-ed · Years 1-6 · Glen Waverley · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
92
Clayton North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clayton · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
93
Blackburn English Language SchoolGovernment · Special · Co-ed · Years Prep-10 · Burwood East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
94
John Monash Science SchoolGovernment · Secondary · Co-ed · Years 10-12 · Clayton · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
95
Malvern Valley Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Malvern East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
96
Oakleigh GrammarIndependent · Combined · Co-ed · Years Prep-12 · Oakleigh · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
97
Monash Special Developmental SchoolGovernment · Special · Co-ed · Years U · Wheelers Hill · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
98
Orchard Grove Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
99
Forest Hill CollegeGovernment · Secondary · Co-ed · Years 7-12 · Burwood East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
100
Aurora SchoolGovernment · Special · Co-ed · Years U · Blackburn South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
101
Roberts McCubbin Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Box Hill South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
102
St Peter's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Clayton · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
103
St Luke the Evangelist SchoolCatholic · Primary · Co-ed · Years Prep-6 · Blackburn South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
104
Emmaus CollegeCatholic · Combined · Co-ed · Years 7-12 · Vermont South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
105
Vermont South Special SchoolGovernment · Special · Co-ed · Years U · Vermont South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
106
Our Lady of Perpetual Succour SchoolCatholic · Primary · Co-ed · Years Prep-6 · Surrey Hills · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
107
Parkmore Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Forest Hill · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
108
Wheelers Hill Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Wheelers Hill · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
109
Laburnum Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
110
St Dominic's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Camberwell · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
111
South Oakleigh CollegeGovernment · Secondary · Co-ed · Years 7-12 · Oakleigh South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
112
The Currajong SchoolIndependent · Special · Co-ed · Years Prep-6 · Malvern East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
113
St Patrick's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Murrumbeena · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
114
Surrey Hills Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Surrey Hills · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
115
Siena College LtdCatholic · Secondary · Years 7-12 · Camberwell · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
116
Lloyd Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Malvern East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
117
St Andrew's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Clayton South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
118
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Malvern East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
119
St Thomas the Apostle SchoolCatholic · Primary · Co-ed · Years Prep-6 · Blackburn · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
120
St Francis Xavier's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Box Hill · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
121
Our Lady of Sion CollegeCatholic · Secondary · Co-ed · Years 7-12 · Box Hill · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
122
Albany Rise Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mulgrave · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
123
Westall Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Clayton South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
124
Minaret CollegeIndependent · Combined · Co-ed · Years Prep-12 · Springvale · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
125
Clayton South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clayton South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
126
St Justin's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Wheelers Hill · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
127
St Roch's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glen Iris · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
128
St Peter's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bentleigh East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
129
Westall Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clayton South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
130
St Anthony's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glen Huntly · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
131
Wellington Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Mulgrave · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
132
Camberwell High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Canterbury · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
133
Springvale Rise Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Springvale · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
134
Fitra Community SchoolIndependent · Primary · Co-ed · Years Prep-6 · Clayton South · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
135
SEDA College (Victoria)Independent · Secondary · Co-ed · Years 11-12 · Camberwell · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
136
Blackburn High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Blackburn · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
137
Box Hill Senior Secondary CollegeGovernment · Secondary · Co-ed · Years 9-12 · Mont Albert North · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
138
Southern Autistic SchoolGovernment · Special · Co-ed · Years U · East Bentleigh · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
139
Malvern Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Malvern East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
140
Bentleigh Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Bentleigh East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
141
East Bentleigh Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bentleigh East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
142
Old Orchard Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn North · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
143
Wantirna Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wantirna · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
144
Springvale Park Special Developmental SchoolGovernment · Special · Co-ed · Years U · Springvale · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
145
St Paul's CollegeIndependent · Special · Co-ed · Years U · Balwyn · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
146
Oakwood SchoolGovernment · Secondary · Co-ed · Years 7-12 · Caulfield North · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
147
Alia CollegeIndependent · Secondary · Co-ed · Years 7-12 · Hawthorn East · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
148
Berengarra SchoolIndependent · Special · Co-ed · Years 7-12 · Box Hill North · 3.2 km
State Rank—English—Maths—Students410Multilingual50%ICSEA Rank50th
149
Holy Saviour Parish SchoolCatholic · Primary · Co-ed · Years Prep-6 · Vermont South · 3.2 km
State Rank—English—Maths—Students410Multilingual—ICSEA Rank—
150
Monash Children's Hospital SchoolGovernment · Special · Clayton · 3.2 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ yearsTop 50%

Moved in past yearTop 50%

Arrived from overseas (5 yr)Top 50%

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Mount Waverley median house price & rent

Headline price, rent, yield and time on market for Mount Waverley — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

1.00M

↑ +0.5% YoY

Days on marketⓘLast 12 months

↑ 10 days YoY

SoldⓘLast 12 months

↑ +0.5% YoY

Months of supplyⓘLast 12 months

5.3mo

Median rentⓘLast 12 months

$475/w

↑ +50.0% YoY

Days to leaseⓘLast 12 months

↑ 1 day YoY

LeasedⓘLast 12 months

108

↑ +0.5% YoY

Gross yieldⓘLast 12 months

2.41%

Annualised

Data confidenceSales sample115StrongLease sample92Strong

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed115 sales · 92 leases

84+0.5%

$1.00M+0.5%

22 days−10d

108+0.5%

$475/wk+50.0%

11 days−1d

2.41%

—

50/100

Houses · 3 bed115 sales · 92 leases

84+0.5%

$1.00M+0.5%

22 days−10d

108+0.5%

$475/wk+50.0%

11 days−1d

2.41%

50/100

Houses · 4 bed115 sales · 92 leases

84+50.0%

$1.00M+0.5%

22 days−10d

108+0.5%

$475/wk+50.0%

11 days−1d

2.41%

50/100

Units · 1 bed115 sales · 92 leases

84+50.0%

$1.00M+50.0%

22 days−10d

108+0.5%

$475/wk+50.0%

11 days−1d

2.41%

—

Units · 2 bed115 sales · 92 leases

84+50.0%

$1.00M+50.0%

22 days−10d

108+0.5%

$475/wk+50.0%

11 days−1d

2.41%

50/100

Units · 3 bed115 sales · 92 leases

84+0.5%

$1.00M+0.5%

22 days−10d

108+0.5%

$475/wk+50.0%

11 days−1d

2.41%

50/100

All houses

84+0.5%

$1.00M+0.5%

22 days−10d

108+0.5%

$475/wk+50.0%

11 days−1d

2.41%

50/100

All units

84+50.0%

$1.00M+0.5%

22 days−10d

108+0.5%

$475/wk+50.0%

11 days−1d

2.41%

50/100

Where each segment ranks

Mount Waverley property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

3/3above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

3/3above median

02550 · MEDIAN75100

Percentile vs VIC

Value

The buy-versus-rent equation

Buying vs renting in Mount Waverley

What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.

Property

Compare to

Houses · 3 bed: +50%

Houses · 4 bed: +50%

Houses · Total: +50%

Units · 2 bed: +50%

Units · 3 bed: +50%

Units · Total: +50%

VIC MEDIAN · +39%

Rent covers itRenting matches or beats the cost of owning−10% to 0%

BalancedMortgage roughly matches asking rent+30% to +60%

Far pricier to ownBuying costs much more than renting+100% to +130%+

BreakdownLast 12 months

Holding cost

Mortgage

Rent

Premium

Band

Houses · 3 bed84 sales108 leases

−$522/wk

$997/wk

$475/wk

+50%

Typical premium

Houses · 4 bed84 sales108 leases

−$522/wk

$997/wk

$475/wk

+50%

Typical premium

Units · 2 bed84 sales108 leases

−$522/wk

$997/wk

$475/wk

+50%

Typical premium

Units · 3 bed84 sales108 leases

−$522/wk

$997/wk

$475/wk

+50%

Typical premium

Assumes 80% LVR6.0% rate30y P&I

Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

5 nearby suburbs · 10km · Total house · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

58 / 100vs VIC

Days on market

16 days▼ −1 day YoY

Median price

$873k▲ +6.5% YoY

Sold (last year)

58▼ −9.0% YoY

Nearby suburb

Demand index

55 / 100vs VIC

Days on market

17 days▲ +1 day YoY

Median price

$1.15M▲ +0.6% YoY

Sold (last year)

48▼ −13.0% YoY

Nearby suburb

Demand index

56 / 100vs VIC

Days on market

16 days▼ −2 days YoY

Median price

$1.00M▲ +2.1% YoY

Sold (last year)

35▲ +4.1% YoY

Nearby suburb

Demand index

33 / 100vs VIC

Days on market

23 days▼ −9 days YoY

Median price

$800k▲ +1.1% YoY

Sold (last year)

13▼ −35.1% YoY

Nearby suburb

Demand index

77 / 100vs VIC

Days on market

19 days▲ +1 day YoY

Median price

$926k▲ +2.5% YoY

Sold (last year)

94▼ −2.0% YoY

Mount Waverley · this suburb

Demand index

86 / 100vs VIC

Days on market

22 days▼ −10 days YoY

Median price

$1.00M▲ +0.5% YoY

Sold (last year)

84▲ +0.5% YoY

weakSales market velocityhow strong sales demand isstrong

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Mount Waverley against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Mount Waverley in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

4 peer suburbs · 10km · Total house

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

41 / 100vs Australia

Days on market

16 days▼ −1 day YoY

Median price

$873k▲ +6.5% YoY

Sold (last year)

58▼ −9.0% YoY

Gross yield

1.95%

Nearby suburb

Demand index

33 / 100vs Australia

Days on market

17 days▲ +1 day YoY

Median price

$1.15M▲ +0.6% YoY

Sold (last year)

48▼ −13.0% YoY

Gross yield

1.30%

Nearby suburb

Demand index

35 / 100vs Australia

Days on market

16 days▼ −2 days YoY

Median price

$1.00M▲ +2.1% YoY

Sold (last year)

35▲ +4.1% YoY

Gross yield

1.90%

Nearby suburb

Demand index

42 / 100vs Australia

Days on market

19 days▲ +1 day YoY

Median price

$926k▲ +2.5% YoY

Sold (last year)

94▼ −2.0% YoY

Gross yield

1.71%

Mount Waverley · this suburb

Demand index

50 / 100vs Australia

Days on market

22 days▼ −10 days YoY

Median price

$1.00M▲ +0.5% YoY

Sold (last year)

84▲ +0.5% YoY

Gross yield

2.41%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Band	Months of supply left	YoY	Listed	Sold	Per month
Severe shortage	1.1	▼ -0.9	8	84	7.0
Balanced	2.7	▲ +2.4	19	84	7.0
Slightly loose	3.4	▲ +1.1	24	84	7.0
Loose	4.0	▲ +1.1	28	84	7.0
Loose	5.3	▲ +2.1	37	84	7.0
Loose	5.5	▲ +4.5	39	84	7.0
Loose	5.6	▲ +4.2	39	84	7.0
Loose	6.6	▲ +4.1	46	84	7.0

median

Rental market

Band	Months of supply left	YoY	Listed	Leased	Per month
Tight	0.4	▼ -1.3	4	108	9.0
Tight	0.5	▼ -1.1	5	108	9.0
National typical	0.7	▼ -1.1	6	108	9.0
Loose	1.3	▼ -0.7	12	108	9.0
Loose	1.5	▲ +0.7	14	108	9.0
Oversupply	2.0	▲ +0.9	18	108	9.0
Oversupply	2.1	▲ +1.2	19	108	9.0
Oversupply	2.5	▲ +1.3	23	108	9.0

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Mount Waverley — Units & Houses, all bedrooms

Jul 2021 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Mount Waverley median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Five-year summaryAs of Jun 2026, the median house sale price in Mount Waverley rose from $1.06M (Jul 2021) to $1.32M (Jun 2026) — +24.3% growth over five years — peaking at $1.46M between Sep 2024 and Aug 2025. Median house rent went from $332/wk to $437/wk (+31.6%) over the same period. For units, the median sale price fell from $803k to $632k (−21.2%), with rent up from $374/wk to $476/wk (+27.3%) over the same period.

Property

Bedrooms

Median price (trailing year)

Jun 2026

$1.32M-1.2%

5y median $1.19Mvs last year $1.33M

Total sales (trailing year)

Jun 2026

236-33.0%

5y median 288vs last year 352

Days on market (trailing year)

Jun 2026

22 days-8

5y median 27 daysvs last year 30 days

Median rent (trailing year)

Jun 2026

$437/wk+0.5%

5y median $435/wkvs last year $435/wk

Total leases (trailing year)

Jun 2026

226-31.9%

5y median 291vs last year 332

Days on market (rental) (trailing year)

Jun 2026

13 days+1

5y median 13 daysvs last year 12 days

Gross yield (trailing year)

Jun 2026

2.03%+0.29 pt

5y median 1.45%vs last year 1.75%

Months of supply

Jun 2026

3.2 months-0.7%

5y median 2.8 monthsvs last year 3.2 months

Months of supply (rental)

Jun 2026

1.1 months-34.6%

5y median 1.3 monthsvs last year 1.7 months

Nearby markets

Suburbs near Mount Waverley: prices compared

The nearest suburbs to Mount Waverley, ranked by distance — each lined up against Mount Waverley on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketMount WaverleyVIC 3149 · Houses · Total

Price$1.00M

DOM22 days

Sold84

5 markets within 5kmLast 12 months

ChadstoneVIC 31482.1kmHouses · Total

AshwoodVIC 31472.2kmHouses · Total

Oakleigh EastVIC 31662.4kmHouses · Total

Burwood EastVIC 31512.5kmHouses · Total

Notting HillVIC 31682.8kmHouses · Total

Stat colourHow each suburb's stat compares to Mount Waverley

Much lowerLowerSimilarHigherMuch higher

Similar markets

Suburbs like Mount Waverley

Suburbs anywhere in VIC that behave like Mount Waverley — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)

Mount Waverley vs Glen Waverley: the closest sales-market match trades at a median of $1.16M against Mount Waverley's $1.00M — about 16% higher, with homes selling in 18 days versus 22 days here.

Colour by

Property

Bedrooms

Market

This marketMount WaverleyVIC 3149Houses · Total

Price$1.00M

DOM22 days

Sold84

Most similar sales markets · within 1.8–7 kmLast 12 months

Glen WaverleyVIC 31502km45% match

Price$1.16M

DOM18 days

Sold394

Vermont SouthVIC 31335km76% match

Price$1.21M

DOM23 days

Sold101

AshwoodVIC 31472km49% match

Price$953k

DOM21 days

Sold49

Doncaster EastVIC 31096km68% match

Price$1.29M

DOM14 days

Sold299

Mont Albert NorthVIC 31297km58% match

Price$1.00M

DOM22 days

Sold45

Stat colourHow each suburb's stat compares to Mount Waverley

Much lowerLowerSimilarHigherMuch higher

Comparable sales markets to Mount Waverley: Glen Waverley property market, Vermont South house prices, Ashwood property market, Doncaster East property growth and Mont Albert North house prices.

Mount Waverley's closest rental-market twins: Glen Waverley property market, Doncaster East house prices, Vermont South house prices, Mont Albert North house prices and Ashwood property market. Each link opens that suburb's full market report.

Market data

Frequently asked · Mount Waverley

26 data-driven answers about Mount Waverley's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

What is the median house price in Mount Waverley?

The median house price in Mount Waverley, VIC 3149 is $1M as of June 2026, based on 115 sales over the past 12 months. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

What is the median unit price in Mount Waverley?

The median unit price in Mount Waverley, VIC 3149 is $1M as of June 2026, based on 115 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.

How much does it cost to rent in Mount Waverley?

The median weekly house rent in Mount Waverley is $475 as of June 2026, drawn from 92 leases over the past 12 months. Units rent for around $475 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.

How much is rent for a 3 bedroom house in Mount Waverley?

A 3 bedroom house in Mount Waverley rents for a median $475 per week as of June 2026, drawn from 92 leases over the past 12 months. Across other house sizes: 2-bedroom $475/week, 4-bedroom $475/week. Unit rents: 1-bedroom $475/week, 2-bedroom $475/week, 3-bedroom $475/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

What is the gross rental yield in Mount Waverley?

Gross rental yield in Mount Waverley is 2.41% for houses and 2.41% for units as of June 2026, compared with the VIC unit median of 3.36%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

How much is a 3 bedroom house in Mount Waverley?

As of June 2026, Mount Waverley medians by bedroom count:

How much is a 3 bedroom house in Mount Waverley?
Property	1 bed	2 bed	3 bed	4 bed	Total
Houses	—	$1M	$1M	$1M	$1M
Units	$1M	$1M	$1M	—	$1M

Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.

What does it cost to own versus rent at the Mount Waverley median?

At the median Mount Waverley house ($1M purchase, $475/week rent), weekly mortgage repayments sit at roughly $997 — about $522 more per week than renting. That gap is the ownership premium. For the median unit ($1M purchase, $475/week rent), repayments run about $997 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.

How the market is moving

Speed, supply, growth, cycle phase

What are Mount Waverley's property market trends?

Mount Waverley's property market trends to June 2026: house prices rose +0.5% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 22 days — faster than a year ago by 10; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Mount Waverley market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

What does the data say about Mount Waverley as an investment?

As of June 2026 in Mount Waverley, house prices rose +0.5% over the year, gross rental yield is 2.41% against a VIC median of 2.56%, houses take a median 22 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

How quickly do houses sell in Mount Waverley?

Houses in Mount Waverley sell in a median 22 days on market as of June 2026, with units clearing slightly similarly at 22 days. Days on market have tightened by 10 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Is Mount Waverley a tight or loose property market right now?

Mount Waverley's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.

Have property prices in Mount Waverley gone up or down?

House prices in Mount Waverley moved +0.5% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

How active is the rental market in Mount Waverley?

Mount Waverley's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 108 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.

Where is Mount Waverley in its property market cycle?

Mount Waverley's house market is currently in the 'in_demand_easing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.

How it compares

Vs state, vs nearby, vs popular

How does Mount Waverley compare to other VIC suburbs?

Mount Waverley's median house price ($1M) is 59% above the VIC median ($630k) as of June 2026. On selling speed, houses clear in 22 days vs 26 days state median. On gross yield, Mount Waverley sits at 2.41% vs 2.56% state median.

How does Mount Waverley compare to neighbouring suburbs?

Mount Waverley's most-similar nearby market is Glen Waverley (2.3 km away) with a median house price of $1.16M — about 16% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.

What's the most popular property type in Mount Waverley?

The most-transacted segment in Mount Waverley over the 12 months to June 2026 is 2 bed houses with 84 sales. 3 bed houses come second at 84 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

How many properties were sold and leased in Mount Waverley last year?

Mount Waverley recorded 84 house sales and 84 unit sales over the 12 months to June 2026 — a combined 168 transactions. On the rental side, 108 houses and 108 units were leased. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools

What postcode is Mount Waverley in?

Mount Waverley is in postcode 3149, in the South East Melbourne region of VIC. Addresses there are written as Mount Waverley, VIC 3149.

What is the population of Mount Waverley?

Mount Waverley, VIC 3149 is home to 17,870 residents (ABS Census 2021). The median resident age is 26, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Mount Waverley?

The median household in Mount Waverley earns $2k per week — roughly $82k a year (ABS Census 2021). Median personal income runs $517/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Mount Waverley?

The unemployment rate in Mount Waverley is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Mount Waverley?

Mount Waverley is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Mount Waverley?

Mount Waverley has 150 schools within reach, 10 of them inside the suburb itself — including Mount Waverley Primary School, Holy Family School, Avila College. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Mount Waverley a good place to live?

Mount Waverley, VIC 3149 has a population of 17,870, a median age of 26, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Mount Waverley market data last updated?

This Mount Waverley market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.