Wheeler Heights at a glance
3,197
People
$2,600,000
Median sale
$1,083/wk
Median rent
2.17%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
NSW › Wheeler Heights › Rose Ave
$2,500,000
Last sold
3 Sept 2021
4
Bedrooms
2
Bathrooms
3
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$2,500,000
3 Sept 2021 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Wheeler Heights at a glance
3,197
People
$2,600,000
Median sale
$1,083/wk
Median rent
2.17%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Wheeler Heights
-3.8%
Median sale
Suburb $2,600,000
+0.08 pp
Gross yield
Suburb 2.17%
Suburb median $2,600,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $1,083/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Wheeler Heights at a glance
3,197
People
$2,600,000
Median sale
$1,083/wk
Median rent
2.17%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by CunninghamsFIND. Poised on a generous corner block, this outstanding home will have instant appeal for families. With multiple living zones and a large amount of outdoor entertaining space that includes a resort-style swimming pool, this is a home that will suit families with children of all ages and stages. Entry to the house is on Bowness Street, which is a quiet street close to Narrabeen Lake and conveniently close to schools and local shops.
LOVE. The house is embraced by outdoor areas on three sides, which means that you can always find a sunny or shady spot to sit it, no matter the time of day. In immaculate condition and presented with a contemporary kitchen, this is a home that you can move into and enjoy right away, but may inspire you to update and add value to over time.
• Great layout with good separation from living and bedrooms
• Light-filled lounge and dining area with leafy outlooks
• Second living room/rumpus room with open fireplace and bar, which flows outwards to a resort-style pool area with large mineral swimming pool, pergola and pizza oven
• Large rear-set entertainer's deck, which connects to a garden at the side of the house with level lawn and flourishing garden beds
• All of the bedrooms are generously proportioned and two include built-in wardrobes
• Family bathroom with bathtub and shower positioned to easily service the bedrooms
• Second bathroom with large shower positioned close to the rumpus room and pool so it's easy to wash down after a swim
• Laundry room with easy access to the back yard
• Double lock-up garage with remote and internal access, plus extra off-street parking space on the driveway
• Generous under-house storage
LIVE. There is a friendly, community-focused vibe in Wheeler Heights that is perfect for families. Narrabeen Lake is just down the road, where there are stunning walking and bike trails to enjoy. Wheeler Heights Public School is a short stroll away, and there is a great set of local shops on Veterans Parade. For more extensive dining and shopping options, or to visit the beach, it's just a quick drive to Dee Why, Collaroy or Narrabeen.
Covid-19 Information: Please ensure you have read and understand our most up to date Covid-19 safety guidelines and conditions of entry to our offices and open homes. Please click the following link, or search "Covid" on our blog, for full details: bit.ly/COVIDsafe28Jun21
Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, Cunninghams makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
Listing description written by Matthew Lemon, Cunninghams — reproduced as published, not verified by Districts.