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City of Monash

Wheelers Hill

Wheelers Hill Property Market
& Suburb Profile

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MEDIAN PRICES IN WHEELERS HILL

Median house price

(all agencies, last 12 months)$1.5m*

House price change

(all agencies, last 12 months)-0.34%

Median unit price

(all agencies, last 12 months)$931k*

Unit price change

(all agencies, last 12 months)-14.63%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

WHEELERS HILL price TRACKER

HousesUnits

Wheelers Hill sales overview

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)27

Average days on market (units)

(all agencies, 12 months)25

Auction clearance rate in Wheelers Hill

(all agencies, last 12 months)100%

Average held period in Wheelers Hill

(proptrack)16 years

Wheelers Hill Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$752pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$613pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)2.67%

Average rental yield for Units

(all agencies, last 12 months)4.51%

Wheelers Hill total population size

(as at the last census)20,652

Median household size in Wheelers Hill

(as at the last census)2.7

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Wheelers Hill property types

  • Houses 64%
  • Units 2%
  • Other 34%

OCCUPANCY in Wheelers Hill

  • Owned 78%
  • Rented 13%
  • Other/Not Stated 9%
  • Singles 20%
  • Families 79%
  • Other 2%

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About Wheelers Hill

Wheelers Hill is a prestigious suburb in Melbourne, Victoria, located 23 km south-east of the CBD. Known for its tree-lined streets, spacious blocks, and a mix of quality family homes and luxurious properties, it remains one of the most sought-after locations in the area.

Wheelers Hill's appeal is driven by its blend of established charm, modern conveniences, and a strong sense of community.

Originally developed over 40 years ago, Wheelers Hill boasts outstanding infrastructure that many other suburbs envy. Residents benefit from a diverse range of educational options, including highly regarded public and private schools such as Wheelers Hill Secondary College, Caulfield Grammar School (Wheelers Hill Campus), and Jells Park Primary School.

Shopping is a breeze, with easy access to four major shopping centres, including The Glen, Brandon Park, Wheelers Hill Shopping Centre, and Waverley Gardens. The suburb is also well-connected via an extensive transport network, with multiple bus routes and quick access to the Monash and EastLink Freeways, making commuting to the city and beyond effortless.

Locals love Wheelers Hill for its convenient lifestyle, where everything is within easy reach—schools, shopping, parks, and quality dining options, including vibrant cafés, pubs, and restaurants. The area also offers a wealth of recreational facilities, including Jells Park, a local favourite with its scenic walking trails, picnic spots, and lake. Golf enthusiasts can enjoy Waverley Golf Club, while sporting facilities cater to a range of activities from tennis to football.

With its perfect balance of greenery, convenience, and modern amenities, Wheelers Hill offers an enviable lifestyle just 20 minutes from Melbourne’s CBD, the beaches of the Bayside suburbs, and the picturesque Dandenong Ranges.

Whether you’re looking for a family-friendly neighbourhood, prestige living, or a well-connected community, Wheelers Hill delivers on all fronts.

Wheelers Hill is home to Jells Park, a major recreational facility of over 127 hectares. It contains 9 km of cycle paths and walking tracks which surround a large lake. Wheelers Hill is known for its trees. Parklands make up 31% of the total area of Wheelers Hill. While not technically an off-leash area, Jells Park welcomes responsible dog owners and their pawed pals to explore the 127-hectare park. With nine kilometres of paths and trails, it's a relaxing adventure with a variety of interesting sights, smells and sounds. You can even make a day of it — pack a picnic and enjoy it at one of the many green patches along he ways. Don't forget the dog bikkies (and read their dog owner guidelines before you go).

Notting Hill/Brandon Park Cricket Club is the suburb's leading cricket team. Golfers play at the course of the Glen Waverley Golf Club at Waverley Road.

Secondary Schools

  • Wheelers Hill Secondary College
  • Brentwood Secondary College

Primary Schools

  • Wheelers Hill Primary School
  • Jells Park Primary School
  • Waverley Meadows Primary School
  • St. Justin's Parish School
  • Brandon Park Primary School
  • Good Shepherd Parish School

Private Schools

  • Caulfield Grammar School

Suburbs Nearby

Disclaimer: The information provided in this suburb profile is intended as a general guide only. While every effort has been made to ensure accuracy, the content may not reflect the most current data or developments. Readers should verify any information independently before making any decisions based on the details presented. The suburb profile is subject to change and should not be relied upon as a sole source of information.

Education

Brandon Park Primary School
Good Shepherd School
Jells Park Primary School
Monash Special Developmental School
St Justin's School
Waverley Meadows Primary School
Wheelers Hill Primary School
Wheelers Hill Secondary College
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Sales Comparison

Find out how Wheelers Hill median sales prices compare to neighbouring suburbs.

Wheelers Hill MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025265$1,195,250-0.33%267$683pw3.59%
2024236$1,205,000-5.41%258$663pw3.75%
2023264$1,235,7502.96%255$619pw3.37%
2022220$1,157,5004.93%298$544pw3.06%
2021281$1,184,00016.74%278$476pw2.54%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025265$1,195,250-0.33%
2024236$1,205,000-5.41%
2023264$1,235,750+2.96%
2022220$1,157,500+4.93%
2021281$1,184,000+16.74%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025267$683pw3.59%
2024258$663pw3.75%
2023255$619pw3.37%
2022298$544pw3.06%
2021278$476pw2.54%

PROUDLY SERVICING Wheelers Hill

Barry Plant
Waverley

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.