VIC/
Wheelers hill

Suburb Profile

Wheelers Hill - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3150

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Homeowners and real estate investors betting on WHEELERS HILL, 3150 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 12.81%.

A steady increase in median property prices over a five-year period in the suburb translates to a 43.27% capital gain.

Property investors in WHEELERS HILL enjoyed capital gains of 12.81% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,182,000.

Profits due to an upward trend in home prices there averaged 14.42% per annum over a 3-year period.

Home owners selling their properties and realtors in WHEELERS HILL usually have to wait an average of 65.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $490 mark, reflecting a 2.16% increase in returns based on the current median price in WHEELERS HILL.

WHEELERS HILL, 3150 places 249th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,182,000 $845,000
GROWTH REPORT
Median Quarterly 2.78% N/A
Median 12 month 12.81% 14.19%
Median 3 years 43.27% 53.64%
Median 5 years 76.42% 75.96%
10 years average annual 8.2% 12.17%
Weekly media advert. rent $490 $440
Time on Market 65.0 days 0.0 days
Gross Rental Yield Percent 2.16% 2.71%
demographics (median values)
Total Population
19863
Weekly Household Income
1404
Household Size
2.90
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Wheelers Hill, VIC
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