Thinking about buying in Mount Waverley? Now could not be a better time, with 18994 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,923,000 with prices in this suburb ranging from $218,000 to $8,722,000. The aproximate distance to the coast is 10 Km.
Median Weekly Rent | $478.35 |
Median Monthly Mortgage | $2646.24 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.95 |
Average Age | 40.06 |
Average Income | $829.00 |
Average Cars Per Dwelling | 1.82 |
Average Properties Within 50M | 15 |
1 Bed  $1,711,000 |
2 Bed  $1,264,000 |
3 Bed  $1,818,000 |
4 Bed  $2,168,000 |
5 Bed  $3,059,000 |
6 Bed+$2,714,000 |
Consistent high demand relative to supply is a key feature in Mount Waverley driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount Waverley ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mount Waverley classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mount Waverley requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Mount Waverley Primary School
Essex Heights Primary School
Pinewood Primary School
Mount Waverley Heights Primary School
Syndal South Primary School
Mount Waverley North Primary School
Mount Waverley Secondary College
Holy Family School
Avila College
Huntingtower School
(While the above schools are located with the suburb of Mount Waverley there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.9 | 13.9 | 27.5 | 38.2 | 89.7 | 2.7 | 25.0 |
Feb | 2.3 | 14.2 | 27.6 | 39.8 | 90.0 | 2.4 | 21.0 |
Mar | 1.6 | 12.7 | 24.6 | 44.4 | 90.7 | 2.2 | 15.4 |
Apr | 2.7 | 10.0 | 20.7 | 48.4 | 93.0 | 1.9 | 11.1 |
May | 2.3 | 8.0 | 16.8 | 56.1 | 92.3 | 2.1 | 8.2 |
Jun | 2.2 | 5.7 | 14.0 | 61.3 | 94.8 | 1.9 | 7.3 |
Jul | 2.0 | 6.5 | 13.8 | 59.1 | 91.3 | 2.5 | 7.2 |
Aug | 2.4 | 6.5 | 14.6 | 52.6 | 89.9 | 2.8 | 9.7 |
Sept | 2.5 | 7.9 | 17.7 | 47.2 | 89.9 | 2.8 | 14.1 |
Oct | 2.2 | 8.9 | 20.5 | 46.2 | 91.2 | 2.6 | 19.7 |
Nov | 3.0 | 10.9 | 22.8 | 45.3 | 93.3 | 2.5 | 22.0 |
Dec | 3.4 | 12.2 | 24.9 | 42.2 | 91.3 | 2.7 | 26.2 |
source: Australian Government Bureau of Meteorology
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