696 Ferntree Gully Road, Wheelers Hill, VIC 3150 | Property Value & History | OnTheHouse
OFF MARKET

696 Ferntree Gully Road
Wheelers Hill VIC 3150

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 97m2
Land area: 652m2
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Property Details for 696 Ferntree Gully Rd, Wheelers Hill

Building Type
Commercial
Year Built
1975
Floor Size
97m2
Land Size
652m2
Local Government
Monash
Lot/Plan
8/LP81664

Last Listing description (April 2023)

This exceptional property in Wheelers Hill is a unique opportunity. Its previous use was for Medical/Allied Health, and its land size is approximately 651m2, zoned as General Residential Zone 1. This makes it an excellent chance for redevelopment or improvement subject to council approval.

Due to the significant size and advantageous zoning, land parcels like this are becoming increasingly scarce. Thus, it's a sensational opportunity not to be missed.

Situated on Ferntree Gully Road, the property is conveniently located just 800 meters from Brandon Park Shopping Centre and Stud Park Shopping Centre. Moreover, it's within walking distance of Primary and Secondary Schools, making it a perfect family home in the future. Nearby schools include Caulfield Grammar Wheelers Hill Campus, Wheeler Hill Primary, Jells Park Primary, Brentwood Secondary College, Brentwood Preschool, and Glen Waverley South Primary School.

The unparalleled location offers easy access to public transportation, Stud Park Shopping Centre, Eastlink, Monash Freeway, and a wide range of quality local private and public schools.

realestate.com.au requires a minimum of 1 bathroom. Please note whilst this property has 2 toilets, it does not have a full bathroom*

Property History for 696 Ferntree Gully Rd, Wheelers Hill, VIC 3150

A timeline of how this property has performed in the market
Last Sold
$1,211,000
20 Apr 2023
  • 20 Apr 2023
    Sold for $1,211,000
  • 22 Mar 2023
    Listed for Sale AUCTION
  • 28 Nov 2020
    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 9,291 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.

Suburb Insights for Wheelers Hill 3150

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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.