Rent in Glen Waverley, VIC 3150
Median weekly rent on new leases lodged with the state bond authority, 12 months to September 2025. These are rents tenants signed up to pay, not advertised asking rents.
Glen Waverley is published together with Mulgrave: the rents describe the combined area, and lease counts are shared between the suburbs.
Median weekly rent
$695/wk
all new leases
New leases
983
12 months to September 2025
12-month change
+5.3%
vs previous 12 months
5-year change
+39.0%
median new-lease rent
Glen Waverley rent summary
In the 12 months to September 2025, 983 new leases were lodged with the state bond authority in Glen Waverley, at a median of $695 a week. The most common new lease was for 4-bedroom houses (273 leases, median $780 a week). Houses leased for a median of $710 a week against $640 for units. Across all dwellings that is up 5.3% on the previous 12 months. Over five years the median new-lease rent has risen 39.0%.
Median weekly rent on new leases in Glen Waverley
12 months to September 2025. Median, then the range the middle half of leases fell in where published, then n = number of leases.
| Dwelling | All bedrooms | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Houses | $710/wk n = 547 | - | $590/wk n = 14 | $640/wk n = 260 | $780/wk n = 273 |
| Units | $640/wk n = 285 | $550/wk n = 27 | $640/wk n = 148 | $660/wk n = 110 | - |
| All dwellings | $695/wk n = 983 |
How rents on new leases have changed
Median for the 12 months to September 2025 against the same 12 months earlier.
| Segment | Median now | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| All dwellings | $695/wk | +5.3% | +35.0% | +39.0% |
| Houses | $710/wk | +5.4% | +34.9% | +41.7% |
| Units | $640/wk | +5.2% | +36.4% | +37.5% |
| 4-bedroom houses | $780/wk | +5.4% | +34.5% | +41.8% |
| 3-bedroom houses | $640/wk | +4.1% | +33.3% | +39.1% |
| 2-bedroom units | $640/wk | +6.7% | +42.2% | +37.6% |
Median rent on new leases over time in Glen Waverley
2015 to 2025, weekly rent. Periods with fewer than 10 leases are left out.
Suburb profile
Glen Waverley suburb data
Median prices, rental yield, vacancy and growth for Glen Waverley.
Sold prices
Recently sold in Glen Waverley
Actual sale prices and days on market in Glen Waverley.
Rent changes
Rent rises and cuts
Weekly rent increases and decreases on live rental listings across Australia.
Frequently asked questions about rent in Glen Waverley
What is the median rent in Glen Waverley?
In the 12 months to September 2025, the median weekly rent on 983 new leases in Glen Waverley was $695 a week.
How much is rent for a 4 bedroom house in Glen Waverley?
In the 12 months to September 2025, 273 new leases for 4-bedroom houses were lodged in Glen Waverley, with a median rent of $780 a week.
How much is rent for a 3 bedroom house in Glen Waverley?
In the 12 months to September 2025, 260 new leases for 3-bedroom houses were lodged in Glen Waverley, with a median rent of $640 a week.
How much is rent for a 2 bedroom unit in Glen Waverley?
In the 12 months to September 2025, 148 new leases for 2-bedroom units were lodged in Glen Waverley, with a median rent of $640 a week.
Is rent going up in Glen Waverley?
The median rent on new leases in Glen Waverley was up 5.3% in the 12 months to September 2025, compared with the 12 months before.
Where do these Glen Waverley rent figures come from?
They are rents agreed on new leases lodged with the state bond authority, not advertised asking rents, so they reflect what tenants actually signed up to pay. No addresses are included; figures are published by area.
How these figures are calculated
Rents are from new residential leases lodged with the state bond authority, which publishes them by area as rolling 12-month figures each quarter. Where several periods or bedroom counts are combined, each published median is weighted by the number of leases behind it. Any figure based on fewer than 10 leases is not shown. Changes compare one 12-month period with the same period one, three or five years earlier. No addresses are included in this data.