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 › Homestead Dr
$1,700,000
Last sold
7 June 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
660 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,700,000
7 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Wheelers Hill (last 5 years) with land size have a median of $2,024/m² of land (n=73). 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
+19.8%
Median sale
Suburb $1,419,000
-0.42 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 data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Stockdale & Leggo CentralAuction Location: On premises
Set on a prized 660sqm north-east orientated block in one of Wheelers Hill's most sought-after lifestyle pockets, this spacious entertainer offers generous indoor-outdoor living and backs directly onto the prestigious Caulfield Grammar School. Just one minute's walk to Jells Park Primary and in the catchment for Wheelers Hill Secondary College, the home is also metres from Scotchmans Creek's expansive parklands, Jells Park's lakes and walking trails and the Glen Waverley Golf Club. The 754 bus stops at the end of the street and The Glen's retail and dining precinct is just a short drive away.
This classic brick veneer home reflects Melbourne's mid-to-late 20th-century suburban architecture, updated with energy-efficient and stylish enhancements. A raked gable with exposed rafters defines the asymmetrical facade, while solar panels on the northern roof pitch signal eco-conscious upgrades. The double garage contrasts with the traditional brick entry and timber front door with frosted sidelights, combining timeless appeal with
modern function.
Inside, the versatile split-level layout caters perfectly to the needs of growing families or multi-generational living. The open-plan living and dining area flows through glass stacker doors to a full-length timber deck balcony with uninterrupted panoramic views and overlooks a sparkling in-ground pool below. High square-set ceilings, modern LED down lights and luxe hardwood timber flooring elevate the interior, while ducted heating, wall heaters and multiple powder rooms deliver comfort and convenience.
The designer kitchen is equally impressive, boasting an abundance of cabinetry including glass-fronted display shelving, stone-look 40mm counters, a breakfast bar and servery, a 900mm oven with gas cooktop and a coffee nook. Natural light streams through, enhancing its appeal for daily living and entertaining alike.
Ground floor spaces include a generous rumpus room with access to the pool and backyard, while the upper level also features a separate study that could be utilised as a fifth bedroom. All four bedrooms include built-in robes, while the master suite adds a walk-in robe and private ensuite. Both bathrooms are superbly finished with oversized semi-frameless showers, dual rain and hand-held heads and a coastal-inspired neutral palette. A tiled hob bathtub adds a relaxing touch in the family bathroom.
Finished with manicured landscaping front and rear, digital power display, blinds for privacy and a true entertainer's vibe throughout, this home combines comfort, functionality and flair in an unbeatable location.
Listing description written by Jean Zeng, Stockdale & Leggo Central — reproduced as published, not verified by Districts.
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