Wheelers Hill at a glance
21,289
People
$1,419,000
Median sale
$688/wk
Median rent
2.52%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
VIC › Wheelers Hill › Lum Rd
$1,508,889
Last sold
8 Aug 2018
4
Bedrooms
2
Bathrooms
2
Car spaces
730 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,508,889
8 Aug 2018 · derived via latest_sale
Local land rate: recorded House sales in Wheelers Hill (last 5 years) with land size have a median of $2,027/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Wheelers Hill at a glance
21,289
People
$1,419,000
Median sale
$688/wk
Median rent
2.52%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Wheelers Hill
+6.3%
Median sale
Suburb $1,419,000
-0.15 pp
Gross yield
Suburb 2.52%
Suburb median $1,419,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
PUBLIC PARK AND RECREATION ZONE
PPRZ
Jurisdiction
Monash
Monash, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 726 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 726 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 1. Vegetation or biodiversity constraints can sterilise the developable portion of the lot. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $688/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 726 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 726 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 1. Vegetation or biodiversity constraints can sterilise the developable portion of the lot.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Wheelers Hill at a glance
21,289
People
$1,419,000
Median sale
$688/wk
Median rent
2.52%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals First & CoWalking distance to Caulfield Grammar School, a 99 State Overall Score School by bettereducation.com.au* (STSA).
Strategically positioned in the blue-chip area of Wheelers Hill, this young and modern home is ready to move in and start your family in this friendly neighbourhood and highly sought-after suburb. In close proximity to the prestige Caulfield Grammar, the well-presented home is within a comfortable distance to The Glen Shopping Centre, Jells Park and major freeways.
Possessed on 730sqm (approx.) land, this breathtaking family home will entice you with a smooth and well-designed floor plan. Glamorous formal lounge room, spacious living and dining area are covered with tiles. The adjacent open plan kitchen is perfectly oriented to overlook the whole living area. The kitchen has an abundance of cupboards and a separate walk-in-pantry, which will please the avid chef. On the first floor, there are four bedrooms, including one master bedroom with walk-in-robe, ensuite (double-bowl vanity), parents retreat and balcony. Upstairs rumpus is the best place for your children to play around. Your private backyard is equipped with undercover alfresco and easy to maintain. The Bowden Court Playground is just next to your door, serving as an enjoyable place for your kids. Featured with ducted heating, air conditioning and double lock up garage with internal access, this home is a must see.
Please Note
* Full Contact Details including Phone Number required when you make an enquiry.
* Photo ID required at all open for inspections.
Listing description written by Rick Cheah, Professionals First & Co — reproduced as published, not verified by Districts.