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VIC › Wheelers Hill › Heatherlea Dr

4 Heatherlea Dr, Wheelers Hill VIC 3150

House

5

Bedrooms

2

Bathrooms

4

Car spaces

865 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 865 m²; no building size recorded.(Property record)
  • 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?

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

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 →

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. Soldprice unknown10 Sept 2025
  2. Listedprice unknowncompleted20 Aug 2025

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

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.

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 Heatherlea Dr →

Listing material

Listed by Barry Plant Monash

Sensational Oasis Perfectly Positioned on the Golden Mile AUCTION THIS SATURDAY @ 2pm!

Nestled in the heart of the prized 'Golden Mile' in a peaceful location, this impressively spacious residence offers an outstanding opportunity in a sought-after locale.

Steeped in personality and relishing an abundance of space to relax, unwind and entertain, this magnificent home is well suited for the growing family and perfectly positioned on an allotment of 865m2 approx.

Timber floors and beautiful natural light add vibrancy to an L-shape lounge/dining domain providing exquisite mountain views of the Dandenong Ranges. Defined by quality and contemporary class, this impressive family residence offers 5 well-appointed bedrooms all with BIR, Master bedroom with ensuite and spacious WIR.

Read the full description

The updated kitchen with granite benches, gloss cabinetry, corner pantry and quality appliances showcases its modern appeal. While providing an entertainers delight with a decked verandah space which overlooks a stunning inground pool.

Ducted heating and separate air conditioning ensures year-round comfort whilst the remote controlled double garage grants internal access. The presentation is eye-catching and you will find features including a ground floor rumpus room that would make an ideal home theatre, home office or studio.

Features Include:

Walking distance to Caulfield Grammar

5 bedrooms, with BIR

Master Bedroom with Ensuite and WIR

Family room, Separate lounge and dining room

Dishwasher

2 Modern Kitchens

Renovated Bathroom

Impressive Timber Floors throughout

Gas Cook Top and Oven

Ducted Heating

Air-conditioning

Freestanding Bathtub

Stunning Heated Salt Pool

Sensational Spa

Enormous Balcony with Views of the Dandenong Ranges

Double Garage

Large Laundry with Access to the Garden

Spacious Adaptable Rooms Light Filled Rooms

Welcoming Garden

Prestigiously located with Caulfield Grammar at the end of the street, walking distance to Jells Park, local shops, bus stops and Waverley Golf Course. Close to The Glen, Glen Waverley train station and Monash/EastLink Freeways.

Listing description written by Christopher Pataud, Barry Plant Monash — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

Also look at

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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.