Mortgage Broker Glen Waverley

Glen Waverley is an eastern suburb in Melbourne, Victoria, 19 km south-east of Melbourne's Central Business District. Located within the City of Monash local government area, Glen Waverley has a recorded a population of 42,642 (2021)

 

Property investors enjoyed capital gains of 3.07% over the last 12 months in Glen Waverley. The suburb posted a 12.6% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year. Investors could earn a rental income of $680 based on current median home prices for the suburb, reflecting a 2.1% increase in returns based on the current median price.

Glen Waverley, 3150 delivered a stronger performance in terms of appreciation of property value. Investors saw the median unit price rise to $881,000. Real estate investors could earn a rental income of $650 based on current median unit prices for the suburb.

 

*As at 25/11/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)

 

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Contact James Bunning and the team at Mortgage Choice on 03 9803 3040 or email james.bunning@mortgagechoice.com.au