MOUNT WAVERLEY
Positioned within the premium family sector of the market, Mount Waverley has evolved into a locality defined by its distinct property landscape. The suburb currently holds a median house price of $1.62m. The area has demonstrated a consistent trajectory, recording a 24% uplift over a five-year window. This data suggests a sustained demand cycle, often driven by infrastructure improvements or shifting buyer preferences.
Lifestyle Profile
The streetscape of Mount Waverley is the quintessential picture of suburban stability. You will typically find larger block sizes, wide driveways, and a mix of renovated mid-century homes alongside modern builds.
It is a neighborhood where connectivity matters. The vibe is friendly and grounded, with a strong culture of neighbors knowing each other—a throwback to traditional suburban values.
Lifestyle amenities are practical and abundant. The suburb is typically anchored by a major shopping center or high street that covers all daily needs, from supermarkets to medical centers.
The Demographic Profile
Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $59,959. With a price-to-income ratio significantly above the state average, ownership in Mount Waverley often involves significant equity recycling from previous properties. This suggests a resident base with high asset wealth rather than just high income.
Education & Catchments
School catchment zones are a primary driver of long-term property demand. Mount Waverley benefits from access to high-performing educational assets. Institutions like Mount Waverley Primary School (ICSEA Percentile 97) act as significant drawcards. Historical data shows that catchments for top-tier schools often experience tighter stock retention rates as families hold properties for the duration of schooling.
Market Outlook
Data indicates a robust performance, with 24.5% growth over 5 years. This suggests the area has been 'discovered' by the broader market.
Quick FAQ about Mount Waverley:
- Is Mount Waverley expensive? With a median price of $1.62m, it is considered a premium family market, often attracting buyers seeking upscale living standards.
- What are the schools like? The catchment for Mount Waverley Primary School is a major driver of local demand.
Primary Schools
Mount Waverley Primary School
LocalPinewood Primary School
Essex Heights Primary School
Burwood East Primary School
Syndal South Primary School
Mount Waverley North Primary School
LocalMount Waverley Heights Primary School
LocalAmsleigh Park Primary School
Parkhill Primary School
Clayton North Primary School
Secondary / High Schools
Explore Nearby Markets
Local Schools & Maps
Explore primary and secondary schools in the catchment area.
Primary Schools
Secondary Schools
DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.
NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.
DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.