October 2026 data · Monash · VIC
Wheelers Hill house prices: median price and growth
- Median house
- $1.46m ▼ −0.7% in 12 months
- Median unit
- $1.21m ▲ +0.8% in 12 months
The median house price in Wheelers Hill is $1.46m (October 2026), down 0.7% over 12 months. Units have a median of $1.21m, up 0.8% over 12 months. That puts Wheelers Hill below the typical Melbourne Eastern Suburbs suburb ($1.50m) and number 2 of the 7 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
Wheelers Hill price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $1.46m | ▼ −2.3% | ▼ −2.5% | ▼ −0.7% |
| Unit | $1.21m | 0.0% | ▼ −3.9% | ▲ +0.8% |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
Wheelers Hill compared with nearby suburbs
Suburbs within about 1 km of Wheelers Hill, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Glen Waverley | $1.68m | ▼ −3.8% | ▼ −5.2% | ▼ −1.6% | $883k | ▼ −5.4% | ▼ −2.5% | ▼ −5.1% |
| Wheelers Hill | $1.46m | ▼ −2.3% | ▼ −2.5% | ▼ −0.7% | $1.21m | 0.0% | ▼ −3.9% | ▲ +0.8% |
| Wantirna South | $1.22m | ▼ −3.0% | ▼ −4.7% | ▼ −1.2% | $698k | ▲ +4.9% | ▲ +9.0% | ▲ +9.0% |
| Notting Hill | $1.17m | ▼ −0.7% | ▼ −0.3% | ▼ −1.7% | $432k | ▼ −0.9% | ▲ +9.2% | ▲ +14.2% |
| Rowville | $1.09m | ▼ −6.0% | ▼ −7.2% | ▼ −2.4% | $725k | ▼ −6.1% | ▼ −4.7% | ▼ −3.5% |
| Mulgrave | $1.08m | ▼ −3.6% | ▼ −4.4% | ▼ −2.3% | $820k | ▼ −5.8% | ▼ −4.7% | ▼ −4.2% |
| Scoresby | $985k | ▼ −2.4% | ▼ −2.5% | ▼ −1.5% | $720k | 0.0% | ▲ +1.4% | ▼ −1.7% |
Living in Wheelers Hill
From the 2021 ABS Census: Wheelers Hill against the Monash council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | Wheelers Hill | Monash (council) | VIC |
|---|---|---|---|
| People | |||
| Population | 20,652 | 191,721 | 6,503,500 |
| Median age | 48 | 40 | 39 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 46.3% | 50.5% | 30.0% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $1,818/wk | $1,918/wk | $1,856/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 13.2% | 29.9% | 28.5% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for Wheelers Hill, its council and VIC
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in Wheelers Hill?
The median house price in Wheelers Hill was $1.46m in October 2026, down 0.7% on a year earlier. The typical Melbourne Eastern Suburbs suburb median was $1.50m.
What is the median unit price in Wheelers Hill?
The median unit price in Wheelers Hill was $1.21m in October 2026, up 0.8% over 12 months.
Is Wheelers Hill more expensive than nearby suburbs?
Of the 6 neighbouring suburbs with a median house price, 1 is dearer than Wheelers Hill and 5 are cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.