Glen Waverley is in the bottom 30% in VIC when comparing median price capital growth over the last year. Glen Waverley gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.36%.
While Glen Waverley,3150 ranked number 615th in VIC for increase in median house value (annualised) increase, it is ranked 10th over the last 5 years.
Property buyers and investors in Glen Waverley 3150 should be seeing an average reduction in asking price of around -8.20% . This means that Glen Waverley is holding prices well when compared to other suburbs in VIC.
Renters in Suburb are facing rents around $5580 per annum or $465 every week.
Property value increases in Glen Waverley have tracked close to the VIC average of 3.56% over the last 12 months.
The five-year average increase in median property values for Glen Waverley,3150 has given property investors a potential capital gain of 50.46% across each of those five years.
The most recent median price for Glen Waverley is $757500, with sellers offering an average of -2.99% off the asking price.