Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $650,000 | 0.0% | $340,000 | $3,300,000 | 171 |
| 2010 | $705,000 | +7.8% | $250,000 | $5,100,000 | 172 |
| 2011 | $676,000 | -4.3% | $465,000 | $2,600,000 | 166 |
| 2012 | $675,000 | -0.1% | $340,000 | $5,100,000 | 177 |
| 2013 | $755,000 | +10.6% | $446,000 | $2,300,000 | 239 |
| 2014 | $791,000 | +4.6% | $420,000 | $3,160,000 | 285 |
| 2015 | $955,000 | +17.2% | $550,000 | $2,900,888 | 272 |
| 2016 | $1,050,000 | +9.0% | $500,000 | $7,158,888 | 219 |
| 2017 | $1,171,000 | +10.3% | $700,000 | $3,300,000 | 227 |
| 2018 | $1,123,000 | -4.3% | $700,000 | $2,600,000 | 203 |
| 2019 | $1,050,000 | -7.0% | $660,000 | $4,618,880 | 183 |
| 2020 | $1,200,000 | +12.5% | $805,000 | $2,990,000 | 139 |
| 2021 | $1,395,000 | +14.0% | $782,000 | $4,585,000 | 239 |
| 2022 | $1,465,000 | +4.8% | $870,000 | $8,000,000 | 192 |
| 2023 | $1,510,000 | +3.0% | $996,000 | $4,380,000 | 226 |
| 2024 | $1,400,000 | -7.9% | $815,000 | $3,600,000 | 206 |
Median Sale Price
$1.4M
Based on 208 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-7.9%
Current Median Price: $1,400,000
Previous Median Price: $1,510,000
Based on 432 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $440 | 0.0% | $330 | $1,100 | 137 |
| 2012 | $450 | +2.2% | $340 | $995 | 154 |
| 2013 | $440 | -2.3% | $200 | $950 | 149 |
| 2014 | $445 | +1.1% | $330 | $890 | 188 |
| 2015 | $480 | +7.3% | $195 | $1,250 | 241 |
| 2016 | $480 | 0.0% | $300 | $1,150 | 215 |
| 2017 | $495 | +3.0% | $260 | $880 | 236 |
| 2018 | $500 | +1.0% | $320 | $800 | 232 |
| 2019 | $515 | +2.9% | $380 | $1,500 | 226 |
| 2020 | $520 | +1.0% | $330 | $1,250 | 175 |
| 2021 | $515 | -1.0% | $350 | $1,300 | 210 |
| 2022 | $580 | +11.2% | $350 | $1,400 | 237 |
| 2023 | $650 | +10.8% | $415 | $1,580 | 179 |
| 2024 | $710 | +8.5% | $445 | $2,350 | 160 |
Median Rent Price
$710
per week
Based on 164 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+8.5%
Current Median Rent: $710
Previous Median Rent: $650
Based on 341 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,400,000
Current Median rent: $710
Based on 372 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Wheelers Hill
Houses sold in Last 12 months ends 21 Dec 2024
$1.52M
Median Sale Price
75%
Clearance Rate
84/113
Sold/Reported
$2.6M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 8 | |
| $1.8 M - $2 M | 4 | |
| $1.6 M - $1.8 M | 11 | |
| $1.4 M - $1.6 M (Median Price Range) | 12 | |
| $1.2 M - $1.4 M | 18 | |
| $1 M - $1.2 M | 4 | |
| $800 K - $1 M | 1 | |
Similar Suburbs to Wheelers Hill 3150
Based on median house sale price sold in last 12 months
Schools closest to Wheelers Hill, VIC 3150
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Waverley Meadows Primary School | 11 COLUMBIA DRIVEWheelers Hill 3150 | Primary | Government | 0.72 km |
| Wheelers Hill Secondary College | RAPHAEL DRIVEWheelers Hill 3150 | Secondary | Government | 0.67 km |
| Jells Park Primary School | 17-33 PETRONELLA AVENUEWheelers Hill 3150 | Primary | Government | 0.86 km |
| St Justin's Primary School | 42 WHALLEY DRWheelers Hill 3150 | Primary | Catholic | 0.94 km |
| Wheelers Hill Primary School | 134-148 WHITES LANEWheelers Hill 3150 | Primary | Government | 1.33 km |
| Brandon Park Primary School | 1-5 NINEVAH CRESCENTWheelers Hill 3150 | Primary | Government | 1.46 km |
| Albany Rise Primary School | ALBANY DRIVEMulgrave 3170 | Primary | Government | 2.54 km |