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Glen Waverley is a suburb in Melbourne, Victoria, Australia, 18 km south-east of Melbourne's central business district in the local government area of the City of Monash. At the 2016 Census, Glen Waverley had a population of 40,327.Glen Waverley had the seventh highest number of one million dollar-plus house sales in Melbourne in 2013. Properties in Glen Waverley and surrounding areas continued to show price gains in 2014 and 2015, largely due to interest from Chinese property buyers. Glen Waverley sales top Melbourne real estate market in 2015 outshining the likes of Brighton and Toorak to be the nation’s second-largest property market by value of sales.