Suburb

Market snapshot

Suburb insights for Wheelers Hill3150

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Wheelers Hill, approximately 22 km southeast of Melbourne's CBD, is one of the leafiest suburbs in Monash, known for its elevated position, large homes, and expansive parklands. It features Jells Park, the Monash Gallery of Art, and easy access to EastLink and the Monash Freeway. The area offers a quiet suburban lifestyle with excellent schools and local shopping centres such as Wheelers Hill Shopping Centre. It is popular with established families seeking space, greenery, and privacy.

Sales data

Median sale price
$1.5mil
Quarterly price change
0.7%
Metro Melbourne Comparison
$974k
1.8%
BedroomsWheelers HillMetro comparison
2-$940,000
3$1,263,500$851,000
4$1,460,000$970,000
InsightWheelers HillMetro comparison
Clearance rate78.2%77.8%
Days on market3136

Rental data

Median weekly rent
$700
Rental yield
2.4%
Metro Melbourne Comparison
$580
3.2%
BedroomsWheelers HillMetro comparison
2-$585
3$640$550
4$730$600
Median data for the current quarter

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