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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Population growth drivers in Glen Waverley - West are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Based on AreaSearch's analysis, Glen Waverley - West's population is around 24,253 as of Feb 2026. This reflects an increase of 3,217 people (15.3%) since the 2021 Census, which reported a population of 21,036 people. The change is inferred from the estimated resident population of 23,202 from the ABS as of June 2024 and an additional 190 validated new addresses since the Census date. This population level equates to a density ratio of 3,157 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Glen Waverley - West's 15.3% growth since the 2021 census exceeded the national average (9.9%) and the state average, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration, which was essentially the sole driver of population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Considering the projected demographic shifts, a significant population increase in the top quartile of national areas is forecast, with the area expected to grow by 6,672 persons to 2041 based on the latest annual ERP population numbers, recording a gain of 23.2% in total over the 17 years.
Frequently Asked Questions - Population
Development
The level of residential development activity in Glen Waverley - West was found to be higher than 90% of real estate markets across the country
Glen Waverley - West has recorded around 133 residential properties granted approval annually, with 665 homes approved over the past 5 financial years (between FY-21 and FY-25) and 143 so far in FY-26. At an average of 2.8 new residents per year for each dwelling over the past 5 financial years (between FY-21 and FY-25), reflecting robust demand that underpins property values, new homes are being built at an average value of $699,000, demonstrating a developer focus on the premium segment with upmarket properties. There have also been $26.9 million in commercial approvals this financial year, indicating steady commercial investment activity.
When measured against Greater Melbourne, Glen Waverley - West shows moderately higher development activity (15.0% above regional average per person over the 5 year period), maintaining good buyer choice while supporting existing property values. New development consists of 59.0% standalone homes and 41.0% attached dwellings, featuring an increasing blend of attached housing types offering choices across price ranges, from spacious family homes to more accessible compact options. With around 155 people per dwelling approval, Glen Waverley - West shows characteristics of a growth area.
Population forecasts indicate Glen Waverley - West will gain 5,621 residents through to 2041 (from the latest AreaSearch quarterly estimate). Development is keeping reasonable pace with projected growth, though buyers may face increasing competition as the population expands.
Frequently Asked Questions - Development
Infrastructure
Glen Waverley - West has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 26 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include 281 Springvale Road Glen Waverley Development, Luna Glen Waverley, Suburban Rail Loop East - Glen Waverley Station, and Glen Waverley SRL Precinct Development, with the list below detailing those likely to be of most relevance.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Glen Waverley SRL Precinct Development
Comprehensive structure planning for the SRL East Glen Waverley precinct, anchored by a new underground station. The plan facilitates significant urban renewal, supporting up to 5000 new dwellings in the immediate station area and approximately 70,000 across the wider SRL East corridor by 2050. Key features include a new multi-modal interchange, realigned Myrtle Street, and expanded retail and hospitality zones along Kingsway to double local employment to 25,000 jobs.
Suburban Rail Loop East - Glen Waverley Station
The Suburban Rail Loop (SRL) East station at Glen Waverley is a major underground rail project featuring a 94m island platform situated approximately 17m below ground. The project includes a new station plaza, improved pedestrian and cycling links with 600 bike parking spaces, and a direct interchange with the existing Glen Waverley metro station. As of early 2026, major construction is progressing with tunnel boring machines (TBMs) scheduled to launch this year. The Terra Verde consortium (Webuild, GS E&C, Bouygues) is delivering the tunnels and station box excavations, while the Place Alliance (John Holland, Arup, KBR) has been selected as the preferred bidder for the station construction.
Sky Garden - The Glen Shopping Centre Apartments
Australia's largest air-rights development by Golden Age Group featuring 536 apartments across three towers above The Glen Shopping Centre. Features 4,000sqm 'garden in the sky' with luxury amenities, panoramic views from Dandenong Ranges to Melbourne CBD, resort-style facilities including private cinema, gaming rooms, and comprehensive recreational spaces.
281 Springvale Road Glen Waverley Development
Major mixed-use development site purchased by Glen Carpark Pty Ltd for $50.88 million. Last major development site in Glen Waverley Activity Centre with 6,114 sqm site area offering significant potential for major redevelopment. Currently used as public car park with three prominent road frontages totalling over 274m. Proposed development for 1,100+ apartments near SRL station with Commercial 1 zoning.
Luna Glen Waverley
Exclusive collection of 69 exquisitely appointed apartments and penthouses across 5 levels. Features 1, 2, 3, and 4-bedroom apartments with luxury amenities including central atrium courtyard and rooftop terrace. Designed by Jesse Ant Architects and Ewert Leaf.
6-10 Kingsway Retail Development
Strategic retail and commercial property within Glen Waverley's activity centre, currently accommodating existing tenancies while positioned for significant redevelopment under the SRL East Structure Plan. The property sits in a Commercial 1 Zone with structure planning encouraging mixed-use development up to 6-8 storeys. Located in the heart of the SRL East precinct transformation, offering exceptional development potential for retail, office and residential uses.
222 Springvale Road Development Site
Prime 1,115 sqm development site opposite The Glen Shopping Centre, sold in April 2025. Identified within draft Suburban Rail Loop development plan with proposed height increase from 9m to 27m (up to 8-storeys). Suitable for medical, childcare, aged care, or residential development. Located in bustling medical and retail precinct with excellent transport connectivity.
Floret Glen Waverley Townhouses
Premium townhouse development by Golden Age Group featuring 77 architecturally designed 3 and 4 bedroom homes with home offices and private sanctuaries. Features 1,000sqm central park with barbecue areas, children's play area, green corridors and various amenities. Designed by Rothelowman with landscaping by Aspect Studios.
Employment
Employment performance in Glen Waverley - West ranks among the strongest 15% of areas evaluated nationally
Glen Waverley - West has a highly educated workforce, with professional services showing strong representation, an unemployment rate of just 2.0%, and 4.5% estimated employment growth over the past year. As of December 2025, 12,409 residents are in work, while the unemployment rate is 2.8% below Greater Melbourne's rate of 4.8%, and workforce participation lags significantly (64.8% compared to Greater Melbourne's 71.3%). Based on Census responses, a high 35.4% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.
The dominant employment sectors among residents include health care & social assistance, professional & technical, and retail trade. The area shows particularly strong specialization in professional & technical services, with an employment share 1.3 times the regional level. Conversely, construction shows lower representation at 6.0% versus the regional average of 9.7%. While local employment opportunities exist in the area, it appears many residents commute elsewhere for work, based on the count of Census working population to local population.
Based on AreaSearch analysis of SALM and ABS data, during the year to December 2025, employment levels increased by 4.5% and the labour force increased by 4.8%, causing the unemployment rate to rise by 0.2 percentage points. By comparison, Greater Melbourne recorded employment growth of 2.4%, labour force growth of 2.8%, with unemployment rising 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Glen Waverley - West. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Glen Waverley - West's employment mix suggests local employment should increase by 6.9% over five years and 14.0% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).
Frequently Asked Questions - Employment
Income
The area's income profile falls below national averages based on AreaSearch analysis
AreaSearch's latest postcode level ATO data for FY-23 reveals that income in the Glen Waverley - West SA2 is slightly above average nationally, with the median assessed at $47,982 while the average income stands at $69,618. This contrasts to Greater Melbourne's figures of a median income of $57,688 and an average income of $75,164. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $51,941 (median) and $75,361 (average) as of September 2025. From the 2021 Census, household income ranks at the 58th percentile ($1,890 weekly), while personal income sits at the 30th percentile. Income brackets indicate the $1,500 - 2,999 bracket dominates with 29.8% of residents (7,227 people), consistent with broader trends across the metropolitan region showing 32.8% in the same category. High housing costs consume 16.3% of income, though strong earnings still place disposable income at the 58th percentile and the area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Glen Waverley - West displays a diverse mix of dwelling types, with above-average rates of outright home ownership
Dwelling structure within Glen Waverley - West, as evaluated at the latest Census, comprised 68.6% houses and 31.3% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Melbourne metro's 67.9% houses and 32.1% other dwellings. Meanwhile, the level of home ownership within Glen Waverley - West was well beyond that of Melbourne metro, at 38.8%, with the remainder of dwellings either mortgaged (28.1%) or rented (33.1%). The median monthly mortgage repayment in the area was well above the Melbourne metro average at $2,400, while the median weekly rent figure was recorded at $462, compared to Melbourne metro's $2,000 and $390. Nationally, Glen Waverley - West's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Glen Waverley - West features high concentrations of group households, with a higher-than-average median household size
Family households dominate at 76.8% of all households, comprising 41.3% couples with children, 22.9% couples without children, and 11.2% single parent families. Non-family households make up the remaining 23.2%, with lone person households at 18.9% and group households comprising 4.3% of the total. The median household size of 2.8 people is larger than the Greater Melbourne average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
Glen Waverley - West shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Educational attainment in Glen Waverley - West significantly surpasses broader benchmarks, with 49.0% of residents aged 15+ holding university qualifications compared to 29.8% in the SA4 region and 30.4% in Australia. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead at 29.7%, followed by postgraduate qualifications (16.1%) and graduate diplomas (3.2%). Vocational pathways account for 19.6% of qualifications among those aged 15+ – advanced diplomas (10.7%) and certificates (8.9%).
Educational participation is notably high, with 33.5% of residents currently enrolled in formal education. This includes 9.0% in primary education, 9.0% in secondary education, and 8.6% pursuing tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Public transport analysis reveals 94 active transport stops operating within Glen Waverley - West, comprising a mix of buses. These stops are serviced by 35 individual routes, collectively providing 9,301 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 237 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 80%, with 10% by train. Vehicle ownership averages 1.3 per dwelling. A high 35.4% of residents work from home (2021 Census; may reflect COVID-19 conditions).
Service frequency averages 1,328 trips per day across all routes, equating to approximately 98 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Glen Waverley - West's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions
Health outcomes data demonstrates outstanding results across Glen Waverley - West, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Younger cohorts in particular see very low prevalence of common health conditions, and the rate of private health cover just leads that of the average SA2 area at approximately 54% of the total population (~13,072 people). This compares to 56.7% across Greater Melbourne.
The most common medical conditions in the area were found to be arthritis and asthma, impacting 5.6 and 5.0% of residents, respectively, while 77.6% declared themselves as completely clear of medical ailments compared to 72.6% across Greater Melbourne. The area has 18.9% of residents aged 65 and over (4,574 people), which is higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are above average, though ranking lower nationally than the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Glen Waverley - West is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Glen Waverley - West is among the most culturally diverse areas in the country, with 66.0% of its population speaking a language other than English at home and 62.9% born overseas. The main religion in Glen Waverley - West is Christianity, which makes up 31.5% of the population. However, the most apparent overrepresentation is in Buddhism, which comprises 12.6% of the population, substantially higher than the Greater Melbourne average of 4.2%.
In terms of ancestry (country of birth of parents), the top three represented groups in Glen Waverley - West are Chinese, comprising 34.1% of the population, which is substantially higher than the regional average of 6.5%, Other, comprising 14.6% of the population, and English, comprising 11.5% of the population, which is notably lower than the regional average of 20.1%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Sri Lankan is notably overrepresented at 2.9% of Glen Waverley - West (vs 0.8% regionally), Indian at 8.7% (vs 4.2%) and Korean at 1.1% (vs 0.3%).
Frequently Asked Questions - Diversity
Age
Glen Waverley - West's population aligns closely with national norms in age terms
The 39-year median age in Glen Waverley - West is somewhat higher than Greater Melbourne's average of 37 and similarly very close to the 38-year national average. Compared to the Greater Melbourne average, the 15 - 24 cohort is notably over-represented (15.0% locally), while 25 - 34 year-olds are under-represented (13.3%). Post-2021 Census data shows the 15 to 24 age group has grown from 13.7% to 15.0% of the population, while the 65 to 74 cohort increased from 8.4% to 9.5%. Conversely, the 55 to 64 cohort has declined from 11.6% to 10.0%. Population forecasts for 2041 indicate substantial demographic changes for Glen Waverley - West. Leading the demographic shift, the 45 to 54 group will grow by 33% (976 people), reaching 3,947 from 2,970.