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 › Rostella Ct
$1,340,000
Last sold
12 Nov 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
647 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
$1,340,000
12 Nov 2024 · 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
-5.6%
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 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 Jalin RealtyWe had 6 cashed up bidders on auction day with only 1 winner. 5 serious buyers still seeking properties in the area to purchase!
ARE YOU THINKING ABOUT SELLING? It could be minimum hassle sale for your property.
This exceptional 5-bedroom, 3-bathroom property, complete with a dedicated study, separate living and family areas, and a double car garage, is an extraordinary opportunity for owner-occupiers, renovators, builders, and investors alike. Nestled in a peaceful enclave of Wheelers Hill, the property sits on a spacious 647m² block, offering countless possibilities to enhance or transform it into your dream home or a high-yield investment.
What truly distinguishes this property is its prime location. Wheelers Hill is celebrated for its leafy streets and vibrant, community-focused lifestyle, making it an ideal setting for families and a smart choice for discerning investors. Close to some of Victoria's top primary and secondary schools, this location offers premier educational access for families and valuable long-term rental appeal for investors.
The layout provides an excellent canvas for modernization or expansion. Whether you're planning a stylish renovation or a complete rebuild, the spacious backyard invites opportunities for outdoor living, landscaping, or even further extensions to create your ideal space. With Wheelers Hill's growing market, this property holds exceptional potential for capital growth while its serene setting appeals to tenants seeking a high-quality lifestyle.
This is a rare chance to secure a property with boundless potential in one of Victoria's most desirable suburbs. Whether your goal is a family sanctuary or a lucrative investment, this home in Wheelers Hill is the perfect starting point. Properties with this level of potential and prime location are truly unique-don't miss out!
(PHOTO ID REQUIRED AT OPEN HOUSE)
NOTE: Link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All dimensions, sizes & layout are approximate and for illustrative purposes only. The producer or agent cannot be held responsible for any errors, omissions or misstatements.
Listing description written by Ernest Towle, Jalin Realty — reproduced as published, not verified by Districts.