All About Wheelers Hill, Monash, VIC, 3150

Wheelers Hill, a suburb in the City of Monash, Victoria, is known for its attractive housing market that caters to a range of buyers, from families to retirees. The area is characterized by spacious homes, well-maintained streets, and an abundance of greenery, providing a serene residential atmosphere. The real estate market here has seen steady growth over the years, driven by its desirable location approximately 23 kilometers southeast of Melbourne's Central Business District. Buyers are drawn to Wheelers Hill not only for its appealing residential properties but also for the strong sense of community and safety. The suburb offers a mix of modern townhouses and traditional detached homes, many with generous land sizes, appealing to those looking for space and comfort. While the housing market has been competitive, factors such as proximity to quality schools, parks, and local amenities continue to make Wheelers Hill a sought-after destination for homebuyers.

Living in Wheelers Hill offers residents a balanced lifestyle, combining the tranquility of suburban life with convenient access to Melbourne's urban amenities. The area is rich in recreational options, with Jells Park providing vast open spaces for picnics, walking trails, and family outings, making it a favored spot for outdoor enthusiasts. The suburb is also well-serviced by public transport, providing easy connectivity to surrounding suburbs and the city. Educational facilities, such as Wheelers Hill Secondary College and several esteemed primary schools, attract families seeking quality education. The vibrant community spirit is evident in local events and the active participation of residents in community clubs and activities. Additionally, Wheelers Hill benefits from a variety of shopping options, from small local shops to the nearby Brandon Park Shopping Centre, ensuring that daily conveniences are close at hand. The combination of these factors makes living in Wheelers Hill not only comfortable but also engaging and fulfilling.

Wheelers Hill Real Estate Market Outlook

Thinking about buying in Wheelers Hill? Now could not be a better time, with 9564 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,886,000 with prices in this suburb ranging from $104,000 to $12,182,000. The aproximate distance to the coast is 12 Km.

In Wheelers Hill there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Wheelers Hill are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Wheelers Hill classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Wheelers Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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