Glen Waverley
VIC 3150
Glen Waverley is a suburb in the City of Monash, about 19 kilometres from the Melbourne CBD. Kingsway forms a busy suburban trading strip around the Glen Waverley railway station, while Springvale Road divides the suburb and provides a major arterial connection. The suburb is a prominent commercial district and local transport hub.
Glen Waverley has an office and consulting market with office suites and floors, medical or consulting suites, and shopfronts. The stock combines professional premises with streetside retail and restaurants around Kingsway and the station. Mount Waverley, Wheelers Hill and Notting Hill are nearby commercial areas.
36
Active lease listings
commercial properties
$62,500
Median annual rent
asking rent across all listings
254
Median days on market
across all active listings
Lease rate trend
$400/m² p.a.
Median advertised rate
Down 20.0%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Glen Waverley. Drill down to individual listings in MarketBuddy
Listings by sector
18
Offices
active lease listings
8
Medical / Consulting
active lease listings
6
Retail and Shops
active lease listings
2
Industrial, Warehouse and Factories
active lease listings
1
Hotel and Leisure
active lease listing
1
Other
active lease listing
Want to know more?
Explore commercial property insights for Glen Waverley in MarketBuddy.
Last updated 5 September 2026