5 Michelle Place, Wheelers Hill VIC 3150
This property is Off Market
- The Average property price in this area is $1,885,502, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 14.33 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Wheelers Hill
With an average age of 46, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $580. The average family earns a weekly income of $2,327 with a typical household size of 2.9 and a 92.65% employment rate.
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.
Public Transport
Stop 72: Lakeside Drive
Stop 72: Lakeside Drive
Stop 73: Springvale Road
Stop 73: Springvale Road
Stop 74: Stanley Road
Stop 74: Stanley Road
Stop 75: Vermont South Shopping Centre
Stop 75: Vermont South Shopping Centre
Syndal
Westall
General Points of Interest
Lest We Forget
Neighbours Backlot
Chesterfield Farm
Golden Plaza
The Cricketer's Bell
Academy Swimming Pool
Hockey Pavillion
Melbourne School of Theology
Ringwood Golf Course
Vermont South Shopping Centre
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1905 asthma sufferers and 1178 people living with diabetes. In addition, 1371 people have a heart/vascular condition and 1508 people live with three or more chronic diseases.A good place to invest in property?
Wheelers Hill a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
56 / 100
52 / 100
Industry
31 / 100
17 / 100
Population
32 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
48 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBrentwood Secondary College Wheelers Hill Primary School
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Brentwood Secondary College
Glen Waverley, VIC, 3150 State 7-12 -
Wheelers Hill Primary School
Wheelers Hill, VIC, 3150 State Prep-6 -
Wheelers Hill Secondary College
Wheelers Hill, VIC, 3150 State 7-12 -
Jells Park Primary School
Wheelers Hill, VIC, 3150 State Prep-6 -
Good Shepherd School
Wheelers Hill, VIC, 3150 Independent Prep-6 -
Glen Waverley South Primary School
Glen Waverley, VIC, 3150 State Prep-6 -
Monash Special Developmental School
Wheelers Hill, VIC, 3150 State U
Property Story
5 Michelle Place, Wheelers Hill, Vic, 3150 is a residential property with 4 bedrooms, 3 bathrooms and 2 Parking spaces. The estimated value of this home is $2,020,000 while properties of this type typically sell for between $875,000 and $7,050,000 in this suburb. The estimated distance to the sea is 14.33km and 0.73KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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