40 Oak Terrace, Wheelers Hill, VIC 3150 sold on 16 February 2026 | OnTheHouse
 
SOLD
Sold on 16 Feb 2026 for $992,500

40 Oak Terrace
Wheelers Hill VIC 3150

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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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. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Wheelers Hill in the last 12 months.

Building Type
House

Last Listing description (February 2026)

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.

Property History for 40 Oak Tce, Wheelers Hill, VIC 3150

A timeline of how this property has performed in the market
Last Sold
$992,500
16 Feb 2026
  • 10 Feb 2026
    Sold for $992,500
  • 01 Oct 2025
    Listed for Sale $980,000 - $1,050,000
  • 28 Feb 2019
    Sold for $748,000
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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 9,291 properties. Over the last 5 years, Houses in Wheelers Hill have seen a -2.63% decrease in median value, while Units have seen a 14.46% increase. As at 31 July 2026:

  • The median value for Houses in Wheelers Hill is $1,343,422 while the median value for Units is $814,868.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 22 properties listed for sale, and 7 properties listed for rent in Wheelers hill on OnTheHouse. According to Cotality's data, 243 properties were sold in the past 12 months in Wheelers hill.

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Ripple Wu
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