7 The Outlook

Glen Waverley VIC 3150

The size of Glen Waverley is approximately 16.8 square kilometres. It has 53 parks covering nearly 13.2% of total area. The population of Glen Waverley in 2011 was 39,204 people. By 2016 the population was 40,331 showing a population growth of 2.9% in the area during that time. The predominant age group in Glen Waverley is 10-19 years. Households in Glen Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation. In 2011, 76.4% of the homes in Glen Waverley were owner-occupied compared with 72.6% in 2016.

Glen Waverley has 19,658 properties. Over the last 5 years, Houses in Glen Waverley have seen a 35.72% increase in median value, while Units have seen a 21.12% increase. As at 31 August 2024:

• The median value for Houses in Glen Waverley is $1,726,707 while the median value for Units is $945,719.
• Houses have a median rent of $690 while Units have a median rent of $650.