Waverley Gardens VIC Property Investment

Monash · 3170

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Median House Price

$1.11M

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$820K

As of 7 Nov 2026.

Population (Census 2021)

N/A

Waverley Gardens Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, Monash council area, 12 months to Aug 2026: 1,235. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Waverley Gardens.

Suburb Metric Thresholds

2 green5 yellow0 red

Population growth 2016–21, postcode 3170 (ABS Census)

0.53 high impact

Median Household Income

1913 medium impact

Public Transport Score

5 medium impact

School Zone Quality

6.9 medium impact

Distance to CBD

24.28 medium impact

SEIFA Advantage/Disadvantage

8 medium impact

Owner Occupier Rate

74.8 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3170

Most disadvantagedLeast disadvantaged

Decile 8 of 10 — Low disadvantage

Population (suburb)

N/A

Education (IEO)

8/10

Econ. Resources (IER)

8/10

Schools

In your catchment

Mulgrave Primary School

PrimaryGovernment

7.5/10

Carwatha College P-12

SecondaryGovernment

5.6/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.