202 Jells Road, Wheelers Hill, VIC 3150 | Property Value & History | OnTheHouse
OFF MARKET

202 Jells Road
Wheelers Hill VIC 3150

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 5330m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 202 Jells Rd, Wheelers Hill

Building Type
Commercial
Land Size
5330m2
Local Government
Monash
Lot/Plan
102/PS549472

Last Listing description (October 2025)

This is a rare opportunity to secure a premium retail property in the heart of Wheelers Hill, ideally positioned within a thriving shopping strip surrounded by established retailers, services, and local amenities.

Currently leased to a high-performing Australia Post Office, the property offers a secure income stream, making it an attractive investment for those seeking stability and long-term growth.

Key Features:

Secure 5-Year Lease with a 5-Year Option to Australia Post
Guaranteed Rental Income of approximately $45,000 per annum
o Includes fixed annual increases
Prime Location in a high-traffic shopping strip with strong footfall
Private Onsite Parking for customers and tenants
Property includes elegant waiting areas, boardroom access (by reservation), and is in excellent condition

With its unbeatable location, strong tenancy, and quality condition, this property is perfect for investors seeking a low-maintenance, high-reliability asset.

Property History for 202 Jells Rd, Wheelers Hill, VIC 3150

A timeline of how this property has performed in the market
Listed for Rent
$287/w
15 Apr 2024
  • 08 Jul 2025
    Listed for Sale FOR SALE
  • 07 Feb 2025
    Listed for Sale FOR SALE
  • 15 Jun 2024
    Listed for Sale FOR SALE
Sign in to see more transactions
Commute Calculator

About Wheelers Hill 3150

The size of Wheelers Hill is approximately 10.4 square kilometres. There are 51 parks, covering nearly 22.7% of the 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 9,287 properties. Over the last 5 years, Houses in Wheelers Hill have seen a -8.09% decrease in median value, while Units have seen a 20.27% increase. As at 31 August 2026:

  • The median value for Houses in Wheelers Hill is $1,285,731 while the median value for Units is $839,000.
  • Houses have a median rent of $750 while Units have a median rent of $720.
There are currently 27 properties listed for sale, and 8 properties listed for rent in Wheelers hill on OnTheHouse. According to Cotality's data, 237 properties were sold in the past 12 months in Wheelers hill.

Suburb Insights for Wheelers Hill 3150

Market Insights
Wheelers Hill Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Wheelers Hill Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
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.