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NSW › Wheeler Heights › South Creek Rd

242 South Creek Rd, Wheeler Heights NSW 2097

House

$2,105,000

Last sold

12 June 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

556 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,105,000 (12 June 2024).(Recorded sale)
  • FactLand 556 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wheeler Heights (last 5 years) with land size: median $3,772/m² of land (n=55). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Warringah Local Environmental Plan 2011.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

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

What this lot has actually traded at

Last sold

$2,105,000

12 June 2024 · derived via latest_sale

Local land rate: recorded House sales in Wheeler Heights (last 5 years) with land size have a median of $3,772/m² of land (n=55). 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.

See the full Wheeler Heights report →

Vs Wheeler Heights

-19.0%

Median sale

Suburb $2,600,000

+0.51 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 and development

Planning scheme

Warringah Local Environmental Plan 2011

Zone

Low Density Residential

R2

Jurisdiction

Northern Beaches

Northern Beaches, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 102231316

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not detected — official

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

Property history

  1. Sold$2,105,00012 June 2024
  2. Listedprice unknowncompleted16 May 2024
  3. Listedprice unknowncompleted16 May 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Low Density Residential · R2 (Warringah Local Environmental Plan 2011). Official parcel area about 560 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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 560 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.

Read more

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

What is known for this property

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

    Knownmedium

    Zoned Low Density Residential · R2 (Warringah Local Environmental Plan 2011). Official parcel area about 560 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

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Wheeler Heights in one glance

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.

See the full Wheeler Heights report →

Keep researching

  • Why Wheeler Heights? Read the area thesis →
  • What else is on the market in Wheeler Heights →
  • Other records on South Creek Rd →

Listing material

Listed by Belle Property Northern Beaches

SOLD BY NICK DUCHATEL 0430 443 633 & HOWIE HILL 0422 422 450

First Time Offered Overlooking Cromer Golf Course Reserve

Bathed in natural light and set to a tranquil leafy backdrop over the lush golf course reserve, this much-loved family home is offered for the first time since built in the 60's. The immaculately maintained interiors are perfectly configured for family living with spacious dimensions, multiple living areas and a lower level fourth bedroom or teenager's retreat. The child-friendly rear yard is an entertainers delight with an all-weather alfresco pavilion and sun-splashed saltwater pool. Ready to move straight in, there's so much potential here to update with a contemporary makeover in the future if desired (STCA). It is located in a community focused neighbourhood close to Wheeler Heights shops, picturesque walking trails encompassing Narrabeen Lake, close to schools and a near level bike ride to the surf.

- Private elevated setting, views over Cromer Golf Course Reserve

Read the full description

- Separate lounge and dining rooms with large picture windows

- Great separation between the social and sleeping domains

- Leafy front balcony which invites you to kick back and relax

- Three large peaceful bedrooms fitted with built-in wardrobes

- Lower level fourth bedroom/teen retreat, study area

- Well-presented skylit main bathroom with bath, laundry

- Wine cellar, new solar panels, Ventis system, ample storage

- Covered outdoor entertaining setting with built-in barbeque

- Tranquil water feature, saltwater pool, colourful gardens

- Double garage, plus ample off-street parking for several cars

- Moments to sports playing fields and Cromer Golf Course

- 550m to Wheeler Heights local shops, 500m to buses

- 750m to St Matthew's Skate Park, 450m to James Wheeler Reserve

- 1.6km to Wheeler Heights Public, 1.3km to St Rose Catholic

- 1.5km to Cromer High Campus, 2.3km to Pittwater House

Listing description written by Nick Duchatel, Belle Property Northern Beaches — reproduced as published, not verified by Districts.

Also look at

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  • 41 Greystoke St, Wheeler Heights NSW 2097

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.