About this property
Also written as Unit 5, 506 Springvale Road.
Glen Waverley VIC 3150, Australia
Also written as Unit 5, 506 Springvale Road.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
Glen Waverley is about 19 km (12 mi) southeast of Melbourne’s CBD, so the unit is roughly that distance from the city centre
The nearby Glen Waverley railway station, a Premium Station on the Glen Waverley line, runs trains every 7–8 minutes during peak times and every 15 minutes off‑peak, providing direct city access
Ventura Bus Lines and CDC Melbourne operate several routes linking to Monash University, Chadstone, Westfield Knox, Rowville and other suburbs, and the 902 SmartBus runs every 15 minutes all day
The Glen Shopping Centre, the eleventh‑largest mall in Victoria, sits at the Springvale Road and High Street Road junction, and Kingsway offers a variety of street‑side retail stores, restaurants and a Village Cinemas multiplex
Monash Aquatic & Recreation Centre (about 1–2 km away) provides pools, a wave pool and other amenities, while Central Reserve (≈0.9 km) offers fields for cricket and Australian rules football
The 2021 census recorded 42,642 residents, 38 % born in Australia with sizable Chinese (17.8 %) and Indian (8 %) communities; 35.6 % speak only English at home, while Mandarin and Cantonese are also widely spoken
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