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This property has been sold on 17 Aug 2026

107 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.35%
Suburb median (August 2026)
$1,515,000

Listing journey

Essentials

This property went through 1 price reduction over 107 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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48 Rembrandt Drive, Wheelers Hill, VIC, 3150

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Asking Price

$1,150,000 - $1,210,000

4 Beds2 Baths4 Cars
Land: 652 m2
Floor: 291 m2

Property overview

This 4-bedroom house at 48 Rembrandt Drive in Wheelers Hill, VIC 3150 sold in August 2026, with 2 bathrooms and parking for 4. It offers a 652 m2 block and 291 m2 of internal living space. Wheelers Hill sits about 23 km from the CBD, where the median house price is $1.5M. Council data shows no flood or bushfire overlay on the site. There are 40 schools within roughly 5km, and the area scores 64 for walkability and 39 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $1,210,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

107

Latest price change

$1,350,000 to $1,210,000

Investment Score

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Wheelers Hill at a glance

House market signals | VIC 3150

Full suburb profile

Median

$1.5M

Market signals

To CBD

23 km

Est. Valuation

$1,383,504

Potential Sell Price

Est. Rent/wk

$780

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 19% below suburb median
652 m2 block
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Planning Overlays

No Overlays Detected

Subdivision & Development Potential

NRZ4

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$1,210,000
Stamp Duty (Victoria)
$66,550
Transfer/Registration Fee
$2,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$1,281,750

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Listed
Last Updated
Postcode
3150

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