Suburbs around Glen Waverley that are following the knockdown rebuild trend

Surrounded by established, family-friendly neighbourhoods, Glen Waverley sits at the centre of Melbourne’s thriving east. Homeowners in nearby suburbs are choosing knockdown rebuilds to upgrade their lifestyle without moving, creating modern homes that suit their families and future.

Oakleigh East

Oakleigh East, with 6804 residents, offers excellent transport links and proximity to Monash University. The median price of $1275525.98 reflects steady demand for modern family homes. Many rebuilds focus on dual-occupancy developments and open-plan designs that balance functionality with style. The suburb’s central location ensures lasting appeal among rebuilders and investors.

Mount Waverley

With a population of around 36,000, Mount Waverley combines top-ranked schools and scenic streetscapes. The median house price sits at $1.65 million, driven by demand for family living and proximity to Monash University. Many older brick homes are being replaced with double-storey residences that maximise block size and natural light. Families choose Mount Waverley to enjoy its lifestyle, excellent transport, and community-focused feel.

Blackburn South

Home to 10,800 residents, Blackburn South offers a mix of established greenery and urban convenience. The median house price sits near $1.35 million, making it attractive for homeowners ready to rebuild. Its large allotments and proximity to Forest Hill Chase Shopping Centre make it ideal for modern family homes that maximise space, energy efficiency, and comfort.

Wheelers Hill

Wheelers Hill, home to 19,000 residents, offers large lots and sweeping parkland views, making it a perfect match for knockdown rebuild projects. The median house price of $1.3 million and family-oriented amenities like Jells Park attract steady demand. Residents are transforming dated 1970s homes into elegant, high-end builds that maximise comfort and sustainability while maintaining the area’s peaceful suburban charm.

Ashwood

With approximately 7,000 residents, Ashwood offers a balance of tranquillity and accessibility. The median price of $1537494.39 reflects its appeal for families seeking to rebuild near Monash and Chadstone. Post-war homes are making way for contemporary builds with light-filled interiors, open living zones, and landscaped outdoor areas designed for Melbourne’s eastern lifestyle.

Mulgrave

Mulgrave’s 20,000+ residents enjoy access to schools, retail, and Monash employment zones. The median house price is $1.2 million, and knockdown rebuilds are popular on its wide lots. Families are upgrading post-war brick homes into energy-efficient, open-plan designs that reflect modern suburban living while staying close to key transport routes and education options.

Forest Hill

With around 10,000+ residents, Forest Hill continues to attract families and downsizers alike. The median house price is about $1.2 million, and many older properties are being replaced by low-maintenance new builds. Proximity to Forest Hill Chase Shopping Centre and multiple parks makes it ideal for a comfortable, convenient lifestyle in Melbourne’s east.

Chadstone

Known as Melbourne’s retail capital, Chadstone attracts more than just shoppers. With 9,500 residents and a median house price of $1349748.7, the suburb is seeing rapid renewal through modern rebuilds. Homeowners are replacing 1960s and 1970s homes with contemporary designs offering space, light, and premium finishes. Its strong connectivity via Monash Freeway and proximity to major schools make it a smart rebuild investment.

Notting Hill

Small yet well-situated, Notting Hill’s 2,800 residents enjoy convenient access to Monash University and major arterials. The median price of $1.1 million and compact lot sizes make it ideal for dual-occupancy or townhouse-style rebuilds. Modern designs are reshaping its streetscape, offering contemporary housing for professionals, students, and young families seeking affordable options in Melbourne’s east.

Clayton

Clayton, home to 19,000 residents, is a dynamic suburb in the Monash corridor. The median house price sits near $1.2 million, supported by high demand from professionals and families. Its proximity to Monash University and major medical precincts drives ongoing redevelopment. Knockdown rebuilds are replacing older homes with high-quality, dual-living residences suited to investors and large families.

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