5 Palmerston Crescent, Wheelers Hill, VIC 3150 | Property Value & History | OnTheHouse
 
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5 Palmerston Crescent
Wheelers Hill VIC 3150

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 373m2
Land area: 662m2
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Last updated 28 Sep 2026
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Property Details for 5 Palmerston Cres, Wheelers Hill

5 Palmerston Cres, Wheelers Hill is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 1982. The property has a land size of 662m2 and floor size of 373m2. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
House
Year Built
1982
Floor Size
373m2
Land Size
662m2
Local Government
Monash
Lot/Plan
50/LP111651

Last Listing description (September 2012)

This glorious double storey home with FIVE bedrooms and a fully self contained unit is perfect for those who want extra accommodation for extended family, home business or extra income (unit rental approx. $250/week).

The upper level of the main home has a sundrenched kitchen/family, spacious lounge, dining and balcony delivering the essence of open-plan living and together with expansive views provide the perfect home for entertaining.
The modern kitchen offers a prestige cooktop, AEG

self-cleaning oven, BOSCH dishwasher, granite bench tops and breakfast bar. The master bedroom is complete with walk-in robe and full ensuite and the other 3 robed bedrooms share the central bathroom with a separate powder room. The lower level on this home features an expansive rumpus/games room and a large bedroom/activity room, bathroom with separate toilet, a remote control double garage with internal access and a workshop. This property also comes with a one bedroom unit at the rear which includes built-in and walk-in robes, ensuite, kitchenette, separate living area, gas heating, evaporative cooling and separate entrance. Other features of the main home include: evaporative cooling, ducted heating, ducted vacuuming, terra-cotta roof, under stair storage, covered entertaining area and low maintenance gardens. Nestled in a quiet street with minutes' drive to Caulfield Grammar, Wheelers Hill and Brentwood Secondary Colleges, Primary Schools, Wheelers Hill Shopping Centre, Jells Park, Monash and Eastern Freeways access and buses.

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Property History for 5 Palmerston Cres, Wheelers Hill, VIC 3150

A timeline of how this property has performed in the market
Last Sold
$858,000
14 Jul 2012
  • 14 Jul 2012
    Sold for $858,000
  • 09 Jul 2012
    Listed for Sale $868,000
  • 26 Aug 2005
    Transferred
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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 9,286 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.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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