Market snapshot
Suburb insights for Wheelers Hill3150
Change suburbWheelers 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.
Recent sales and auction results in Wheelers Hill
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 4/32-34 Grandview Rd, Wheelers Hill | 3 |  | Townhouse | Auction Sale | 15/05/2026 | Ray White Judd White Group | |
| 680 Ferntree Gully Rd, Wheelers Hill | 3 |  | House | Sold Before Auction | 10/05/2026 | Ray White Judd White Group - Forest Hill | |
| 20 Cambrian Cr, Wheelers Hill | 4 |  | House | Passed in at Auction | 15/05/2026 | Jellis Craig Glen Waverley |
Sales data
Median sale price
$1.4mil
Quarterly price change
-11.1%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Wheelers Hill | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,310,016 | $863,000 |
| 4 | $1,455,000 | $980,500 |
| Insight | Wheelers Hill | Metro comparison |
|---|---|---|
| Clearance rate | 79.1% | 74.9% |
| Days on market | 32 | 37 |
Rental data
Median weekly rent
$700
Rental yield
2.5%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Wheelers Hill | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $650 | $550 |
| 4 | $750 | $595 |
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