WHEELERS HILL
Investor score
53
Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.
Median price
$1,575,000
VIC Gov · 2025
Rent yield
1.6%
computed from govt data
Annual growth
2.2%
annualised from govt data
Vacancy rate
2.4%
modelled estimate
AI insights for WHEELERS HILL
Investment analysis, risks & comparisons
WHEELERS HILL shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Median rent
$480/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+2.6%
annual shift
Yield × growth index
1.9
combined signal
Net yield (est.)
2.89%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+6.1%
est. compound, long-run avg
10-yr growth (CAGR)
+4.6%
est. compound, long-run avg
Rental demand
51 / 100
Moderate demand
Supply pipeline
Real0.2%
new dwellings approved / stock · ABS 2024-25
Low supply pressure
5-year price history
Source: VIC Gov · 2025 · all sources
Market overview
WHEELERS HILL is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro VIC suburb with strong infrastructure and transport
- Rental yield 1.6% with stable tenant demand
- Access to national transport network and amenities
Risk factors
- High entry price may limit buyer pool
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,882/wk
$78k taxable p.a.
Renters
22.4%
72.2% owner-occupier
Median age
43.0 yrs
Unemployment
4.4%
Population growth
+2.1% p.a.
Investor-owned
26.0%
of all dwellings (ATO)
Houses
71%
25% apartments
Degree qualified
40.2%
bachelor's or higher (ABS)
Work from home
26.5%
of employed residents (ABS Census)
Median lot size
560 m²
Standard block
Household size
2.4 persons
avg per dwelling (ABS Census)
Short-term rental
8.6%
Active STR market
Market activity
Distance to CBD
19.6 km
Outer suburbs
Days on market
27 days
Normal turnover
Auction clearance
67.6%
Strong demand
Walkability
78 / 100
Walker's paradise
Coastal proximity
21.9 km
Coastal fringe
NBN technology
FTTNStandard — fibre to node
Population density
1,739/km²
Suburban
Schools in postcode 3150
🏫Primary (14)
Glendal Primary School
Government · Yrs Prep-6
Good Shepherd School
Catholic · Yrs Prep-6
Wheelers Hill Primary School
Government · Yrs Prep-6
Camelot Rise Primary School
Government · Yrs Prep-6
Highvale Primary School
Government · Yrs Prep-6
Mount View Primary School
Government · Yrs Prep-6
St Leonard's School
Catholic · Yrs Prep-6
Glen Waverley Primary School
Government · Yrs Prep-6
St Christopher's School
Catholic · Yrs Prep-6
Jells Park Primary School
Government · Yrs Prep-6
Brandon Park Primary School
Government · Yrs Prep-6
St Justin's School
Catholic · Yrs Prep-6
Glen Waverley South Primary School
Government · Yrs Prep-6
Waverley Meadows Primary School
Government · Yrs Prep-6
🎓Secondary (4)
Glen Waverley Secondary College
Government · Yrs 7-12
Highvale Secondary College
Government · Yrs 7-12
Brentwood Secondary College
Government · Yrs 7-12
Wheelers Hill Secondary College
Government · Yrs 7-12
⭐Special (3)
Monash Special Developmental School
Government · Yrs U
Cheshire School
Independent · Yrs 1-6
Glenallen School
Government · Yrs U
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
Safety index
High crime8.4 offences / 100 persons
Source: VIC Crime Statistics Agency · Dec 2025
School quality
Top tier21 schools in postcode area
Source: ACARA My School 2025
Transit access
ExcellentSource: State GTFS feeds
Gentrification signal
36
/ 100
Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
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