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VIC › Wheelers Hill › Vanessa Cres

14 Vanessa Cres, Wheelers Hill VIC 3150

House

$1,040,000

Last sold

3 Aug 2018

3

Bedrooms

2

Bathrooms

4

Car spaces

820 m²

Land

151 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,040,000 (3 Aug 2018).(Recorded sale)
  • CalculationLand 820 m² against a 151 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Wheelers Hill (last 5 years) with land size: median $2,027/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 (NRZ4) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactVEGETATION PROTECTION OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1VEGETATION PROTECTION OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,040,000

3 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.

See the full Wheelers Hill report →

Vs Wheelers Hill

-26.7%

Median sale

Suburb $1,419,000

+0.92 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 and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4

NRZ4

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.

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 563423

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,040,0003 Aug 2018
  2. Listedprice unknowncompleted5 June 2018
  3. Listedprice unknowncompleted5 June 2018

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 · NRZ4 (ZN). Official parcel area about 819 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.

What could kill that thesis?

Confidence: low

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 819 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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 · NRZ4 (ZN). Official parcel area about 819 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 819 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Wheelers Hill in one glance

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.

See the full Wheelers Hill report →

Keep researching

  • Why Wheelers Hill? Read the area thesis →
  • What else is on the market in Wheelers Hill →
  • Other records on Vanessa Cres →

Listing material

Listed by Harcourts Judd White Rentals

Big Home, Big Block, Big Potential

Perfectly nestled on 820m2 of land within a sought-after pocket of Wheelers Hill, this very spacious home has been enjoyed by one family for many years and beautifully updated along the way. Lovingly cared for indoors and out, a home where family and guests will gravitate to the cosy & comfortable living zones.

Boasting formal and casual living zones and large quality kitchen enhanced by quality appliances, ample timber cabinetry, generous bench space and a breakfast bar; it offers excellent connection of the casual living and meals area which is ideal when entertaining. While two robed bedrooms share the immaculate main bathroom, the master bedroom complete with walk-in robe also has its own ensuite.

Outside you'll find a large covered entertaining area, plenty of garden space, ample space for secure off-road parking and the luxury of a 4 car garage with side access. A classic floorplan, this light-filled home also features gas ducted heating, air-conditioning and separate laundry.

Read the full description

This fabulous property is conveniently located within quick and easy access to Jells Park & both major freeways. Walking distance to Waverley Meadows Primary School, Wheelers Hill Secondary College, Mazenod College & Caulfield Grammar. Shopping is also on your doorstep with Wheelers Hill Shopping Centre and Brandon Park only moments away. Your inspection is a must!

Photo I.D. Required at all open inspections.

Listing description written by Andrew Dimashki, Harcourts Judd White Rentals — reproduced as published, not verified by Districts.

Property features

  • Remote Garage
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.