Mortgage broker Glen Waverley
Buying, refinancing or investing in Glen Waverley? XLOANS brokers loans across 3150 — school-zone family homes, townhouses and apartments near The Glen. We compare 40+ lenders and it costs you nothing.
Why Glen Waverley buyers use a local broker
Glen Waverley is defined by its school zones: the Glen Waverley Secondary College catchment drives competition and holds values, and most purchases are families trading up into $1.5m-plus territory. At these loan sizes, lender pricing tiers and negotiated discounts matter more than the advertised rate.
We structure the sale-and-purchase transition, put your loan to the lenders that discount hardest at this size, and make sure serviceability accounts for the full family budget.
Glen Waverley lending insights we act on
- Houses around the $1.72m median move into pricing tiers where negotiated discounts are worth tens of thousands.
- School-zone competition: most houses sell at auction — fully assessed pre-approval is essential.
- Knockdown-rebuilds and townhouse sites: construction lending and valuers who price land properly.
- Private school fees: counted in living expenses by some lenders — affects borrowing power more than most buyers expect.
What we help Glen Waverley locals with
- Family upgrader purchases with bridging and simultaneous settlement.
- Refinancing large loans to negotiated pricing.
- Construction finance for knockdown-rebuilds.
- Investment loans for townhouses and units near The Glen and the train line.
Free, local and lender-paid
Our service is free to you — we're paid by the lender and we disclose it. You get genuine eastern-suburbs lending knowledge at no cost and no obligation.
One point of contact manages your application, valuation and settlement end to end, whether you're buying in Glen Waverley, Mount Waverley, Wheelers Hill or Burwood East.
The Glen Waverley property market
Glen Waverley is one of Melbourne's most competitive eastern suburbs, driven by the Glen Waverley Secondary College zone, the Kingsway dining strip and excellent train access. House prices sit well above the Melbourne median, so most purchases involve larger loans where serviceability, deposit structuring and lender policy on high-value lending are decisive. We frequently help Glen Waverley families use equity in an existing property, or a family guarantee, to compete at auction without stretching cash flow.
Glen Waverley property prices & market data
Indicative median prices, rents and growth for Glen Waverley (3150) over the 12 months to mid-2025. Figures are a guide only and move with the market.
| Property type | Median price | 12-mth growth | Median rent | Gross yield |
|---|---|---|---|---|
| Houses | $1,720,000 | 2.1% | $780/wk | 2.4% |
| Units / apartments | $830,000 | 1.3% | $600/wk | 3.8% |
Example purchase costs in Glen Waverley
Worked examples for a first home buyer, an upgrader and an investor — based on an indicative 6.00% p.a. variable rate over 30 years, principal & interest. Your real numbers depend on your situation and lender.
$800,000
Unit/apartment in Glen Waverley · 5% deposit
- Deposit (5%)
- $40,000
- Loan amount
- $760,000 (95% LVR)
- Stamp duty (VIC), after FHB concession
- $43,070
- Lenders Mortgage Insurance
- $0 (5% scheme)
- Cash needed upfront
- $86,070
- Est. repayment
- $4,557/mo
Townhouse or apartment within the 5% deposit scheme cap for Melbourne.
$1,720,000
House in Glen Waverley · 20% deposit
- Deposit (20%)
- $344,000
- Loan amount
- $1,376,000 (80% LVR)
- Stamp duty (VIC)
- $94,600
- Lenders Mortgage Insurance
- $0
- Cash needed upfront
- $441,600
- Est. repayment
- $8,250/mo
Median Glen Waverley house in the school zone — high-value loan policy applies.
$830,000
Unit/apartment in Glen Waverley · 20% deposit
- Deposit (20%)
- $166,000
- Loan amount
- $664,000 (80% LVR)
- Stamp duty (VIC)
- $44,870
- Lenders Mortgage Insurance
- $0
- Cash needed upfront
- $213,870
- Est. repayment
- $3,981/mo
Modern townhouse let at the suburb median rent.
Estimates only and not financial advice. Stamp duty uses indicative VIC rates and first home buyer concessions; the 5% deposit scheme (First Home Guarantee) waives LMI where the price is within the cap and you qualify. Verify your exact costs with a XLOANS broker or our purchase cost calculator.
Mortgage brokers in nearby suburbs
We work across the whole metro area — here are the neighbouring suburb guides.
Keep reading
Frequently asked questions
This page is general information only and not financial advice. Lending criteria, rates and government schemes change — speak to an XLOANS broker for advice tailored to your situation. XLOANS is a Melbourne-based mortgage broking service.
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