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 › Derwent St
4
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
Nothing about this record stands out yet — coverage may still be filling in.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
No recorded sale price for this property yet.
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.
Planning
Planning scheme
Warringah Local Environmental Plan 2011
Zone
Low Density Residential
R2
Jurisdiction
Northern Beaches
Northern Beaches, NSW
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.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Warringah Local Environmental Plan 2011). Official parcel area about 555 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Warringah Local Environmental Plan 2011). Official parcel area about 555 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Warringah Local Environmental Plan 2011). Official parcel area about 555 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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. Located in a quiet leafy tree lined cul-de-sac within the family friendly community of Wheeler Heights, this home has been lovingly held and cherished by the same family for over fifty years. This neat and tidy original cottage provides a versatile floorplan with a self-contained lower-level area having its own entrance, with the main living, dining, kitchen, bedrooms and bathroom positioned on the upper level.
LOVE. The property provides unlimited potential including renovation, redesign or rebuild options (STCA) to create a reinvented contemporary family residence. Established trees and lush green gardens provide privacy and a natural outlook to both the front and back gardens, with the backyard having a sunny westerly orientation.
- Large grassed backyard with established trees that is a blank canvas waiting for inspiration.
- Spacious front verandah that enjoys the lovely morning sun looking out over the garden.
- Neat and tidy original timber kitchen with free standing stove adjacent to the dining and living room with Daikin split system air conditioning.
- Sunroom with easy access into the backyard.
- Oversized main bedroom with large BIR and two additional bedrooms also located on the upper level with BIRs.
- Original family bathroom with large combined bath and shower.
- Self-contained lower level with separate front entry, living space, bathroom, fourth bedroom and kitchenette area with access into the backyard.
- Single garage with additional off-street parking.
- Large external laundry with easy access into the backyard
- Rainwater tank.
LIVE. Convenient access onto the beautiful leafy Narrabeen Lake trail is only a short walk or bike ride away. The café beachfronts at Dee Why and Collaroy are both a quick five-minute drive with numerous restaurants and bars. Local shopping and cafes are located in the new boutique Village a few streets away and also at the Augusta Shopping Village. St Matthews Farm Reserve and Cromer Park playing fields are close by, as is access to local buses and the B-Line bus service from Pittwater Road into the city. The suburb is a family friendly community that is positioned in a convenient spot close to headland walking tracks, beaches, sporting fields, transport, schools and the lake.
RATES/SIZE:
Water rates: Approx $173 pq
Council rates: Approx $477 pq
Size: Approx 556.40 sqm
ABOUT THE AREA
Local Transport:
- Buses to City CBD, Dee Why, Westfield Warringah Mall and surrounds
Shopping:
- Wheeler Heights shops and cafes
- Beachside cafes and restaurants of Collaroy and Dee Why
Schools:
- Wheeler Heights Primary
- Cromer High School
- St Rose Catholic School
- Pittwater House Private
WHAT THE OWNER LOVES:
- The street is full of lovely neighbours which we have known for a long time
- Local buses are very convenient and only a short walk away
- I love all the trees in the backyard and my garden
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.
Please be advised that the photographs, maps, images, or virtual styling representations included in this real estate listing are intended for illustrative purposes only and may not accurately depict the current condition or appearance of the property.
Listing description written by Ben Jones, Cunninghams — reproduced as published, not verified by Districts.