Mount Waverley

VIC 3149

Mount Waverley is a south-east Melbourne suburb in the City of Monash, about 17 kilometres from the Melbourne CBD. Ricketts Road and Blackburn Road form part of a large suburb centred on Mount Waverley Village Shopping Centre, with Pinewood Shopping Centre to the south-east. Mount Waverley and Jordanville stations provide rail access on the Glen Waverley line, supported by numerous bus services.

Mount Waverley is an office and consulting market, with office suites and floors, warehouses and factories and medical or consulting suites serving a broad suburban employment area. Nearby commercial markets include Notting Hill, Huntingdale and Glen Waverley.

66

Active lease listings

commercial properties

$53,750

Median annual rent

asking rent across all listings

254

Median days on market

across all active listings

Lease rate trend

$295/m² p.a.

Median advertised rate

Up 3.1%

Change over 12 months

$279202420252026$301$257Jan 2023Aug 2026

Indicative only: advertised rates across all commercial listing types and sizes in Mount Waverley. Drill down to individual listings in MarketBuddy

Listings by sector

39

Offices

active lease listings

13

Industrial, Warehouse and Factories

active lease listings

11

Medical / Consulting

active lease listings

3

Retail and Shops

active lease listings

Want to know more?

Explore commercial property insights for Mount Waverley in MarketBuddy.

Browse all suburb profiles

Last updated 29 August 2026