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 › Grasmere Cres
$1,420,000
Last sold
5 Oct 2018
4
Bedrooms
2
Bathrooms
4
Car spaces
556 m²
Land
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
$1,420,000
5 Oct 2018 · derived via latest_sale
Local land rate: recorded House sales in Wheeler Heights (last 5 years) with land size have a median of $3,779/m² of land (n=56). Districts calculation from recorded sales — not a valuation.
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
-45.4%
Median sale
Suburb $2,600,000
+1.80 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 CunninghamsHaving served as a much-loved abode for one family for the past 25 years, this impeccably maintained home delivers multiple living spaces and beautifully presented outdoor areas for relaxed family living.
Set on a quiet and leafy street, where the children from the neighbourhood come together and play, this serene environment is the perfect set-up for families at all stages of life.
The north-facing living zone connects with a front-facing balcony that enjoys a beautiful leafy outlook that captures glimpses of Narrabeen Lake. A well-equipped kitchen and casual meal space is situated to the rear of the house, which adjoins a versatile room that could be used as a second dining, living space or fourth bedroom.
There are a couple of access points to the backyard, which clearly displays the fruits of the love and attention that has been poured into it, with a meticulously maintained herb and veggie patch, and a collection of beautiful trees and shrubs, as well as a huge covered entertainer's patio that flows directly out from the dining area and kitchen.
The front yard offers an amazing established garden for the children to explore and also lends itself to the possibility of easily creating a generous level lawn area if required.
All of the bedrooms include built-ins, while the master also includes an adjoining dressing/baby room or home office. The second bathroom is accessed via the garden, which will make life easy after being at the beach all day.
Storage space is in abundant supply with an attic conversion plus extensive space under the house that includes a workshop area, parking for two cars, and further areas that could be utilised as a home office, hobbies area/man cave or even as a teenage retreat.
This peaceful location is attractive to families with a lovely park for the children a few doors down as well as its proximity to Narrabeen Lake. It is also only a short drive to beaches, shops and a three-minute walk to Wheeler Heights Public School.
Land Size: 556sqm approx.
Cunninghams make no representations to the accuracy of the information provided by our vendors. 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.