Wheelers Hill
VICWheelers Hill is a stable suburb in VIC with 20,652 residents.
- SAL code
- 22766
- SA2
- 212051327
- Population
- 20,652
- LGA
- Monash
Wheelers Hill, VIC had 20,652 residents at the 2021 Census, with the broader statistical area roughly steady over the last five years. The predominant age group is 45-54 years, and the median age sits at 48. Households are most often couples with children, and those with a mortgage repay a median of $2,500 a month. Around 77.8% of homes are owner-occupied, with the largest single tenure being owned outright at 47.6%. Most dwellings are separate houses, making up 84.9% of the suburb's housing stock. The suburb has 61 parks and reserves mapped within its boundary. Source: ABS Census 2021 and Estimated Resident Population, with amenity counts from state Open Data and OpenStreetMap.
Suburb analysis
Wheelers Hill, VIC at a glance
Wheelers Hill is an established middle-ring suburb ~23 km south-east of Melbourne CBD in the City of Monash. Built out through the late 1970s and 1980s on hilly lots, it's a school-driven, owner-occupier market with a strong Asian-Australian family demographic. The data tiles below cover the demographic baseline; this card adds the live market, lifestyle, and council context they don't.
For homebuyers
Wheelers Hill draws people who want a big established home, hill views, and a school catchment that does the heavy lifting. Most stock is large 4-bedroom houses on 700-900 m² lots from the original 1970s-80s subdivisions, with a steady drip of knock-down-rebuilds adding contemporary two-storey homes. Jells Park (127 ha, lake, ~9 km of trails) is the recreation anchor, with Brandon Park and Wheelers Hill Shopping Centre handling weekly retail and The Glen at Glen Waverley ~5 minutes away for everything else. Caulfield Grammar's Wheelers Hill campus sits between Jells Road and Dandenong Creek, alongside well-regarded state options including Wheelers Hill Secondary, Jells Park Primary, and Brandon Park Primary. There's no train in the suburb itself — Glen Waverley station (terminus of the Glen Waverley line, ~35 min to Flinders Street) is ~4 km away, and the Monash Freeway on-ramp at Jells Road puts the CBD within reach by car outside peak. In short: a settled, school-led, car-oriented family suburb that trades train access for space, parks, and catchment quality.
For investors
Wheelers Hill is a capital-growth play, not a cashflow one. Median house sale $1,526,500 against ~$675-720/week rent gives a gross yield of just 2.2-2.6% (htag.com.au + Your Investment Property, May 2026). 12-month house growth ~5.4%. 252 house sales and only 13 unit sales in the last 12 months — thin stratified stock and a deep, owner-occupier-dominated house market. Days-on-market sits around 29 for houses; unit median ~$1,022,500 with rent ~$655/week.
Strengths
- Established school catchment (Caulfield Grammar Wheelers Hill, Wheelers Hill Secondary, Jells Park PS) supports durable owner-occupier demand.
- Tight rental market with a stable family tenant base sitting on $1.5m+ houses — vacancy and turnover are low.
- Steady growth on a long arc — ~5.4% YoY houses (May 2026) on top of multi-decade Monash gentrification.
- Big-lot land bank: 700-900 m² blocks underpin value through KDR and dual-occ where overlays allow.
Trade-offs
- Gross yield ~2.2-2.6% — sub-3% cashflow even before rates and management.
- No train station inside the suburb; Glen Waverley line terminus is ~4 km away by car or the 754 bus.
- Very thin unit market (13 sales in 12 months) limits stratified entry points and exit liquidity.
- $1.5m+ entry concentrates capital — single-asset risk is meaningful at this price point.
What's coming
City of Monash's 2025/26 Annual Budget continues a maintenance-and-renewal program rather than a growth one — the suburb is essentially built out. Confirmed Wheelers Hill items include the Library entrance renewal (Council agenda, 26 August 2025) and the Mulgrave Reserve playspace upgrade carried over from 2024/25 (~$1.3m). Watch Shape Monash for ward-level community infrastructure consultations.
Bottom line
For homebuyers: a school-anchored family suburb with space and parks, if you can live without a train. For investors: a long-hold capital-growth market with thin yield and very limited unit stock.
Population
?20,652
Suburb · Census 2021
5-Year Growth
+0.4%
3yr: +3.0% · 10yr: +2.7%
SA2 · 5yr
Household Income
$1,818/wk
Suburb · Census 2021 median
Median Age
48
Suburb · Census 2021
Socio-Economic Index
?9/10
SA2 · least disadvantaged
Unemployment
?2.0%
SA2 · Q4 2025
Schools
8
6 primary, 1 secondary
Hospitals
No data for this suburb
Childcare services
?17
4 long day, 8 OSHC
Parks & green space
?61
Parks, reserves
Transport stops
?86
GTFS stops
Dwelling approvals
?150
Monash · Feb 2026
Median House Sale Price
Source: Valuer-General Victoria (suburb-level quarterly medians).
→ Calculate stamp duty on this suburb's median price→ Estimate mortgage repayments
Safety & Crime
2025 Q4Reported incidents from VIC police. Offence rates may not reflect all crime.
Population over time — Wheelers Hill (SA2)
ABS publishes annual estimates only at SA2; Wheelers Hill suburb alone is ~20,652 (Census 2021).
Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.
Growth at a Glance
Population grew from 21,532 to 21,281 over 24 years, averaging -0.0% per year.
Schools
8 in suburbSector
6 public · 2 private
Type
6 primary · 1 secondary · 1 special
Total enrolment
3,546
Avg per school
443
Government school catchment
Catchment data is not yet available for VIC.
Source when available: Victorian Department of Education / Vicmap School Zones.
Profile
Census snapshot
Housing
Public housing 0.2%Almost entirely detached houses (84.9%), owner-occupied (77.8%), built for families (46% are 4 bed).
Dwelling mix
Tenure
VIC 29%
Number of bedrooms
Bushfire risk
Source: VIC DTP Designated Bushfire Prone Area
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped bushfire polygons. Always verify the exact property address with the relevant authority before making decisions.
Flood risk
Source: VIC DTP Vicmap Planning Overlay (flood codes)
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped flood polygons. Always verify the exact property address with the relevant authority before making decisions.
Planning zones
13 zones in suburb| Code | Zone | % covered | Area |
|---|---|---|---|
| NRZ4 | Neighbourhood Residential Zone Schedule 4Residential | 55.1% | 5.74 km² |
| PPRZ | Public Park and Recreation ZoneRecreation | 16.4% | 1.71 km² |
| GRZ3 | General Residential Zone Schedule 3Residential | 12.3% | 1.28 km² |
| PCRZ | Public Conservation and Resource ZoneEnvironmental | 4.9% | 0.51 km² |
| TRZ2 | TRZ2Special use | 4.8% | 0.50 km² |
| GRZ2 | General Residential Zone Schedule 2Residential | 2.2% | 0.23 km² |
| C1Z | Commercial 1 ZoneBusiness | 1.2% | 0.12 km² |
| PUZ2 | Public Use Zone Schedule 2Special use | 1.2% | 0.12 km² |
| GRZ5 | General Residential Zone Schedule 5Residential | 0.9% | 0.10 km² |
| GRZ10 | General Residential Zone Schedule 10Residential | 0.6% | 0.06 km² |
| PUZ7 | Public Use Zone Schedule 7Special use | 0.2% | 0.02 km² |
| PUZ1 | Public Use Zone Schedule 1Special use | 0.2% | 0.02 km² |
| PUZ6 | Public Use Zone Schedule 6Special use | 0.1% | 0.01 km² |
Source: VIC DTP Vicmap Planning Zones (ZONE_VIC/2026-04-29/08783d2926383881) · As of Apr 2026. Zone boundaries are amended periodically; verify the exact property with the relevant council before relying on permitted use.