Glen Waverley

Glen Waverley, VIC 3150, is a vibrant suburb with a growing population and a diverse range of age groups, indicating a family-friendly environment. The suburb offers various commuting options, with a significant number choosing to work from home. Residents enjoy a median weekly household income above average and access to quality education facilities with an ICSEA percentile indicating high educational advantages. For house investors, Glen Waverley presents opportunities with a healthy property count and steady population growth. The suburb shows potential for renovation projects with a high sale price IQR ratio. On the other hand, unit investors could benefit from stable rental yields and low vacancy rates. Both property types have strong demand for renting out rooms, indicating potential for additional rental income. Glen Waverley, VIC 3150, offers a desirable lifestyle for residents with good income levels and access to quality education. For property investors, the suburb presents opportunities for capital growth and rental income, with potential for renovation projects in houses and stable yields in units. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022