Mortgage Broker Glen Waverley
Glen Waverley's median house price was $1,702,500 in the January–March 2026 quarter, up 4.3% on a year earlier. At that level most purchases involve loans above $1 million, where lender policy differs more than the rate does. Loans Cart helps Glen Waverley upgraders, investors and refinancers compare 30+ lenders, with appointments at our Mount Waverley office, 10 minutes away, or online.
By Brendan Singh, Director & Mortgage Broker (Credit Rep 575816) · Last reviewed October 2026
Suburb snapshot
| Measure | Glen Waverley |
| Median house price (Jan–Mar 2026) | $1,702,500 |
| Median a year earlier (Jan–Mar 2025) | $1,632,900 |
| 12-month change | +4.3% |
| Previous quarter (Oct–Dec 2025) | $1,800,000 |
| House sales, Jan–Mar 2026 | 74 |
| Local council | City of Monash |
| Under the $950,000 5% Deposit Scheme cap? | No, at the median house price |
What buying at the median costs
| On a $1,702,500 house | Amount |
| 20% deposit (avoids LMI) | $340,500 |
| 10% deposit | $170,250 |
| Stamp duty (standard rate) | About $93,640 |
| First home buyer stamp duty relief | Not available above $750,000 |
| Other costs (conveyancing, inspections, lender fees) | Allow roughly 1% |
Lending in Glen Waverley
Glen Waverley buyers are mostly families upgrading for space or a school zone, and investors adding to a portfolio. Values rose 4.3% over the past year while neighbouring Mount Waverley eased, which means many Glen Waverley owners have more equity than they realise.
On loans of $1.4 million and above, lenders differ more. Some cap the loan-to-value ratio lower for large loans, some assess rental income or bonuses more generously, and some handle bridging and split loans better than others. Comparing those policies matters as much as comparing rates.
For investors, structure comes first: keeping the investment loan separate from your home loan, choosing interest-only or principal-and-interest, and making sure the next purchase is still possible.
Who we help in Glen Waverley
- •Upgraders moving for space or a school zone
- •Investors using equity for the next property
- •Refinancers with large balances
- •Self-employed professionals with business or trust income
- •First home buyers looking at units and townhouses
Example
A Glen Waverley family wanted to buy within a school zone before selling their current home. We compared bridging options across several lenders and found one that assessed their bonus income in full, keeping the purchase within their budget.
Illustrative scenario based on composite client situations. Individual outcomes vary.
FAQs
What is the median house price in Glen Waverley?
The Victorian Valuer-General recorded a median house price of $1,702,500 in Glen Waverley for the January–March 2026 quarter, 4.3% higher than a year earlier.
How much deposit do I need to buy in Glen Waverley?
At the median price, a 20% deposit is $340,500, which avoids Lenders Mortgage Insurance. With less than 20%, LMI usually applies. Allow about $94,000 for stamp duty on top.
Do lenders treat loans over $1.5 million differently?
Often, yes. Many lenders lower the maximum loan-to-value ratio as the loan size rises and ask for more detail on income and expenses. A broker can find the lenders whose policy suits a larger loan.
Can I buy a second home in Glen Waverley using the equity in my current one?
Usually. Lenders let you borrow against the equity in your home, typically up to 80% of its value less what you owe. The new loan still needs to pass serviceability on your income.
Is there a mortgage broker near Glen Waverley?
Yes. Loans Cart's Mount Waverley office at Unit 5/15 Ricketts Rd is about 10 minutes from Glen Waverley. Brendan Singh also meets clients online and speaks English, Hindi and Punjabi.
How much does a mortgage broker cost?
Nothing for you. Loans Cart is paid by the lender once your loan settles.
You'll be working with:
Brendan Singh — Director & Mortgage Broker
Credit Rep 575816 | ACL 391209 | 30+ lenders
English · Hindi · Punjabi
View profileNearby suburbs
Ready to discuss your Glen Waverley lending?
Book a no-obligation chat. We'll review your situation, explain your options, and answer your questions — whether you're upgrading, refinancing or investing.
Figures are based on the Victorian Valuer-General's median house price for the January–March 2026 quarter and Victorian stamp duty rates as at October 2026. They are estimates for illustration only. This is general information and doesn't consider your objectives, financial situation or needs. Eligibility criteria and lender conditions apply. Brendan Singh is a Credit Representative (575816) of National Mortgage Brokers Pty Ltd, Australian Credit Licence 391209.