Glen Waverley Property Market — 2026 Guide
The property market in Glen Waverley has navigated the interest rate cycle and come out the other side in reasonable shape. Here is where prices sit in 2026, what is selling, and whether it makes sense to buy here.
Current Prices
| Property Type | Median Price Range (2026) |
|---|---|
| Units/Apartments | $550K–$850K |
| Houses | $1.3M–$2.2M |
Market trend: Schools and green space drive sustained family demand.
Who is Buying
Downsizers and families upgrading make up the bulk of buyers. First-home buyers are increasingly active in the apartment market.
Auction vs Private Sale
In Glen Waverley, roughly 60–65 percent of properties go to auction. Clearance rates have hovered around 65–72 percent through early 2026. Properties that pass in at auction often sell within the following week through negotiation. Private sales are more common at the upper end of the market.
Future Outlook
Infrastructure projects, zoning changes, and population growth all feed into the price trajectory. Glen Waverley benefits from established schools and transport links that provide a price floor.
Key factors to watch:
- Interest rate decisions from the RBA (most impactful single variable)
- New housing supply in the pipeline
- Infrastructure investment — train line upgrades, road improvements
- Population growth patterns post-pandemic
Related: Rent Guide | Cost of Living | Transport Guide