Mount Waverley is a sought-after suburb in Victoria, known for its family-friendly atmosphere, excellent schools, and community facilities. Nestled close to the Dandenong Ranges, Mount Waverley offers an ideal balance between suburban living and proximity to the city. This article explores the best residential areas in Mount Waverley, outlining their features, housing options, and average prices.
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Mount Waverley Central

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Mount Waverley Central is the beating heart of the suburb, encompassing various shops, cafes, and public services. It has a vibrant community feel, making it perfect for those who like to be in the centre of activity.
Characteristics of the Mount Waverley Central
* Culture: Rich community spirit with regular events in the park.
* Transportation: Well-connected with train services and bus routes.
* Services: Supermarkets, boutique stores, and local dining.
* Environment: Lively and engaging with a family-friendly vibe.
Housing Options in the Mount Waverley Central
Units, Townhouses, Single-family homes
Average Home Prices in the Mount Waverley Central
* Buying: $700,000 – $1,200,000
* Renting: $2,500 – $3,500/month
Mount Waverley North

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A quieter area, Mount Waverley North is ideal for families looking for spacious homes and leafy streets. This suburb boasts larger blocks and a more relaxed pace of life.
Characteristics of the Mount Waverley North
* Culture: Community parks and gardens promote outdoor activities.
* Transportation: Public transport options available and easy access to main roads.
* Services: Close to primary schools and local shopping amenities.
* Environment: Peaceful and suburban with family-oriented neighbourhoods.
Housing Options in the Mount Waverley North
Larger family homes, Period-style houses
Average Home Prices in the Mount Waverley North
* Buying: $850,000 – $1,400,000
* Renting: $2,800 – $4,000/month
Mount Waverley South

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Mount Waverley South offers a blend of green spaces and residential properties, making it appealing for buyers seeking both a family home and recreational opportunities. It has a strong sense of community.
Characteristics of the Mount Waverley South
* Culture: Active community groups and outdoor events.
* Transportation: Access to trains and bus services for commuters.
* Services: Access to parks, sporting facilities, and retail options.
* Environment: Inviting and friendly with an active lifestyle.
Housing Options in the Mount Waverley South
Townhouses, Duplexes, New builds
Average Home Prices in the Mount Waverley South
* Buying: $700,000 – $1,200,000
* Renting: $2,400 – $3,600/month
Mount Waverley East

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This residential area is known for its peaceful suburban streets and proximity to public transport. Mount Waverley East is popular among first-home buyers and young families.
Characteristics of the Mount Waverley East
* Culture: Ideal for young professionals and families alike.
* Transportation: Convenient access to the train line and main roads.
* Services: Nearby shopping centres and schools.
* Environment: Friendly and inviting, with a welcoming community feel.
Housing Options in the Mount Waverley East
Flats, Apartments, Single-family homes
Average Home Prices in the Mount Waverley East
* Buying: $600,000 – $1,000,000
* Renting: $2,200 – $3,200/month
Mount Waverley West

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Mount Waverley West is notable for its spacious parks and family-friendly amenities. This area features well-maintained homes with great access to various recreational facilities.
Characteristics of the Mount Waverley West
* Culture: Strong involvement in community events and local sports.
* Transportation: Public transport is easily accessible and reliable.
* Services: Close to parks, schools, and shopping precincts.
* Environment: Family-oriented and community-focused.
Housing Options in the Mount Waverley West
Large homes, Townhouses, Villas
Average Home Prices in the Mount Waverley West
* Buying: $800,000 – $1,300,000
* Renting: $2,600 – $3,800/month
Notting Hill

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Adjacent to Mount Waverley, Notting Hill shares many of the same amenities while offering a slightly different vibe. This area is ideal for those seeking modern residences and conversions.
Characteristics of the Notting Hill
* Culture: Diverse community with a variety of cultural influences.
* Transportation: Good access to public transport and arterial roads.
* Services: Proximity to shopping centres and recreational facilities.
* Environment: Modern and dynamic, appealing to younger demographics.
Housing Options in the Notting Hill
New apartments, Townhouses, Units
Average Home Prices in the Notting Hill
* Buying: $650,000 – $1,000,000
* Renting: $2,300 – $3,300/month
Frequently Asked Questions About the Best Residential Areas in Mount Waverley:
The best residential areas include Mount Waverley Central, Mount Waverley North, Mount Waverley South, Mount Waverley East, Mount Waverley West, and Notting Hill.
Mount Waverley North and Mount Waverley Central have some of the highest-rated schools in the region, making them ideal for families.
The average home price ranges from approximately $600,000 to over $1,400,000 depending on the area and type of property.
Yes, Mount Waverley has good public transport links, including train services and bus routes, making it convenient for commuters.
Typical rental prices vary from $2,200 to $4,000 per month depending on the size and location of the property.
Mount Waverley is considered a safe suburb, with low crime rates and a friendly community atmosphere, making it ideal for families.
Mount Waverley offers a wide range of amenities, including shopping centres, parks, schools, and medical facilities.
Mount Waverley has a variety of property types, including single-family homes, townhouses, units, and apartments.
Mount Waverley has shown strong capital growth over the years, with many areas reporting increases in property values.
Given the area's appeal and strong demand, investing in Mount Waverley real estate can be a good opportunity for both first-home buyers and investors.
Conclusion on the Best Residential Areas in Mount Waverley:
Mount Waverley is undoubtedly one of the most appealing suburbs for families and professionals alike. With its rich community spirit, abundant amenities, and excellent transport connections, it provides a high quality of life for residents. The different residential areas cater to various preferences, whether you're looking for a bustling community hub or a peaceful retreat. From the vibrant Mount Waverley Central to the family-friendly Mount Waverley North, there’s more than enough choice to find the perfect place to call home. As property values continue to rise, investing in this suburb is likely to yield excellent returns, making Mount Waverley a prime location for homeowners and investors alike.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.