40 Oak Terrace, Wheelers Hill, VIC 3150 | House for sale | OnTheHouse
FOR SALE
$978K--$1.03M Inspection by appointment

40 Oak Terrace
Wheelers Hill VIC 3150

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Modern Living in Wheelers Hill's most desirable estate!

40 Oak Terrace presents a spectacular lifestyle with an accomplished design in one of Wheelers Hill's most desirable estates. Upstairs, the sun-filled open-plan living and dining area flows effortlessly to a sophisticated deck, perfect for entertaining, while the boutique SMEG-appointed kitchen and study nook elevate everyday convenience. Accommodation includes two spacious bedrooms with built-in robes, a central bathroom with relaxing bath, plus a master suite with sparkling ensuite and walk-in robe.
Additional features such as a lush courtyard, heating and cooling throughout, powder room, separate laundry, under-stair storage, and a double carport add to the home's appeal. Positioned within walking distance to Monash Gallery Reserve, Wheelers Hill Shopping Centre, Monash University, Glen Waverley Station, and in excellent school zones including Wheelers Hill Secondary College, Jells Park Primary, and Caulfield Grammar - this residence offers both lifestyle and location in equal measure.
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Property Details for 40 Oak Tce, Wheelers Hill

40 Oak Tce, Wheelers Hill is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with McGrath Box Hill.

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About Wheelers Hill 3150

The size of Wheelers Hill is approximately 10.4 square kilometres. It has 51 parks covering nearly 22.7% of total area. The population of Wheelers Hill in 2016 was 19753 people. By 2021 the population was 20652 showing a population growth of 4.6% in the area during that time. The predominant age group in Wheelers Hill is 50-59 years. Households in Wheelers Hill are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wheelers Hill work in a professional occupation.In 2021, 77.80% of the homes in Wheelers Hill were owner-occupied compared with 81.00% in 2016.

Wheelers Hill has 8,971 properties. Over the last 5 years, Houses in Wheelers Hill have seen a 33.20% increase in median value, while Units have seen a 49.09% increase. As at 30 November 2025:

  • The median value for Houses in Wheelers Hill is $1,523,511 while the median value for Units is $938,629.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 19 properties listed for sale, and 7 properties listed for rent in Wheelers hill on OnTheHouse. According to Cotality's data, 270 properties were sold in the past 12 months in Wheelers hill.

Suburb Insights for Wheelers Hill 3150

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Nancy Jia
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Ripple Wu
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McGrath Box Hill
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Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.