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VIC › Wheelers Hill › Strickland Dr

3 Strickland Dr, Wheelers Hill VIC 3150

For saleHouse for Sale

$2,200,000

For sale

Asking

4

Bedrooms

3

Bathrooms

2

Car spaces

1,169 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,200,000(Listing record · 22 July 2026)
  • FactLand 1,169 m²; no building size recorded.(Property record)
  • CalculationAsk is 55% above the Wheelers Hill median recorded sale ($1,419,000, n=38, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wheelers Hill's advertised median rent ($688/wk), implied gross yield would be 1.63% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

The ask against the evidence

Asking

$2,200,000

Asking · $1,882/m² of land

No recorded sale for this property.

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

+55.0%

Median sale

Suburb $1,419,000

-0.89 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.

Total cost to purchase

Purchase Price
$2,200,000
Stamp Duty (Victoria)
$123,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,330,314

$130,314 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Wheelers Hill's advertised median rent — not a rent for this listing.

Net yield
0.13%
Annual cashflow (pre-tax)
$-111,624
Interest cover (DSCR)
0.02
Annual rent
$35,776
Operating expenses
$33,000
Loan amount
$1,760,000
Annual interest
$114,400
Gross yield
1.63%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$2,200,000available22 July 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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

Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Strickland Dr →

Listing material

Listed by Ray White Ferntree Gully

Golden Mile Prestige with Resort-Style Family Living

Positioned within Wheelers Hill's coveted Golden Mile, this exceptional family residence delivers a refined lifestyle of space, sophistication and outstanding versatility. Designed to accommodate growing families with ease, the home showcases expansive living zones, premium appointments and a seamless connection to beautifully landscaped outdoor entertaining, all within walking distance of some of the area's most sought-after amenities.

Beyond its secure frontage, expansive front gardens and impressive double-door entrance, the home welcomes residents into a grand tiled foyer where generous proportions immediately set the tone. Freshly painted throughout the ground floor, the residence offers a thoughtfully designed floorplan with exceptional flexibility, including a private office or fifth bedroom, complete with built-in shelving, alongside a guest powder room finished with a stone vanity.

A collection of beautifully appointed living spaces provides room for every occasion. The elegant formal living and dining domain is enhanced by soaring ceilings and direct sliding door access to the covered alfresco, while the adjoining bar, complete with stone benchtop and sink, creates an impressive setting for entertaining. At the heart of the home, the expansive open-plan family and meals area flows effortlessly around the designer kitchen, where a skylight introduces abundant natural light.

Read the full description

Appointed with granite benchtops and a matching granite splashback, the kitchen features a double sink with pull-down tap, Zip water system, Blanco electric oven, gas cooktop, Panasonic microwave, generous pantry storage and extensive cabinetry, making it equally suited to everyday family living and large-scale entertaining. Sliding doors from both the family area and dining area create a seamless connection to the expansive alfresco and north-facing gardens, enhancing the home's exceptional indoor-outdoor lifestyle.

The substantial rumpus room offers remarkable versatility with its impressive ceiling height and generous proportions, providing an ideal retreat for family recreation while maintaining excellent separation from the main living areas.

Upstairs, four generously proportioned bedrooms provide luxurious accommodation. Two exceptional main suites each feature walk-in robes and private ensuites, while the remaining bedrooms include built-in robes and are serviced by a beautifully appointed central bathroom with stone vanity, bath, shower and a separate toilet. A skylight within one of the walk-in robes further enhances the home's natural light.

Outdoors, the north-facing rear garden has been designed for effortless enjoyment, showcasing a solar-heated swimming pool, manicured gardens, dedicated barbecue area with barbecue run on natural gas which also boasts a rotisserie, covered alfresco spanning approximately 7.65 metres and generous lawn space for children and pets to enjoy.

Premium inclusions throughout include ducted heating and cooling, solar panels, ducted vacuum, tinted windows, alarm system, LED downlights, quality window furnishings, a double garage and secure fencing surrounding the expansive front yard.

Combining grand proportions, premium finishes and an exceptional Golden Mile location, this outstanding residence presents an enviable family lifestyle within one of Wheelers Hill's most tightly held neighbourhoods.

Features:

• Golden Mile location

• Double-storey residence

• Double garage

• Secure fenced front yard

• Five bedrooms or four plus study

• Two main bedrooms with walk-in robes

• Two private ensuites

• Central bathroom with bath

• Separate upstairs toilet

• Formal living area

• Formal dining area

• Open-plan family and meals area

• Spacious rumpus room

• Designer kitchen with skylight

• Stone benchtops and splashback

• Blanco electric oven

• Gas cooktop

• Zip water system

• Covered alfresco with bar

• Side access from dining area

• Solar-heated swimming pool

• North-facing backyard

• Manicured gardens

• Barbecue area

• Ducted heating and cooling

• Solar panels

• Ducted vacuum system

• Alarm system

• Tinted windows

• Freshly painted ground floor

• LED downlights

Location:

Enjoy an exceptional lifestyle in one of Wheelers Hill's most desirable Golden Mile addresses, with Jells Park, Caulfield Grammar, Jells Park Primary School, Brentwood Preschool, Brentwood Secondary College and Glen Waverley South Primary School all within easy walking distance. Nearby conveniences include Brandon Park Shopping Centre, Wheelers Hill Shopping Centre, The Glen Shopping Centre, Glen Waverley Station, Glen Waverley Sports Hub, Central Reserve, Holmesglen Institute, Mountain View Primary School, Wheelers Hill Secondary College and Waverley Meadows Primary School.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Listing description written by Cristine Jones, Ray White Ferntree Gully — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • In-Ground Pool
  • Solar Panels
  • Study
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.