VIC/
Wheelers hill

Suburb Profile

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

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unit

A steady increase in median property prices over a five-year period in the suburb translates to a 36.63% capital gain.

Property investors in WHEELERS HILL enjoyed capital gains of 8.11% 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 $1,175,000.

Profits due to an upward trend in home prices there averaged 12.21% per annum over a 3-year period.

Home owners selling their properties and realtors in WHEELERS HILL usually have to wait an average of 71.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $490 mark, reflecting a 2.17% increase in returns based on the current median price in WHEELERS HILL.

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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,175,000 $845,000
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 8.11% 12.67%
Median 3 years 36.63% 37.73%
Median 5 years 72.54% 74.64%
10 years average annual 8.04% 10%
Weekly media advert. rent $490 $430
Time on Market 71.5 days 0.0 days
Gross Rental Yield Percent 2.17% 2.65%
demographics (median values)
Total Population
19863
Weekly Household Income
1404
Household Size
2.90
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Capital Gains Tax (CGT) Calculator

Wheelers Hill, VIC
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