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 › Penrith Ave
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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
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 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. Opportunity awaits in this original home on a quiet, leafy street in Wheeler Heights. Charming, private and filled with light, this delightful home has a versatile floorplan that includes a large rumpus room/studio, which allows the space and flexibility to consider a myriad of opportunities, which include re-imagining the layout, or tweaking and updating the current floorplan to cater to dual-living purposes (STCA).
LOVE. This character-rich, mid-century brick residence is nestled on a generous block of 562.8sqm, with private and protected gardens, and an airy, open design that allows you to float from lounge to dining and out to the rear-set entertainer’s deck and pool area with ease. The house is presented in outstanding near-original condition, which allows you the flexibility of being able to move in now and carry out any renovations in stages.
• The spacious living area enjoys some distinctive features, including an open fireplace, exposed brick walls, and a huge big-picture window that frames a pleasant leafy outlook.
• The lower level is a large rumpus room with kitchen, bathroom and several storage rooms. This could be developed into further living or accommodation space, or converted back into a garage.
• The original kitchen sits to the rear of the living area, and could easily be opened up to merge with the living and dining area to create a modern open-plan living space.
• Three generous bedrooms with built-ins are all serviced by an original bathroom with bathtub and separate shower.
• A large entertainer’s deck flows out from living and overlooks a generous swimming pool area. The back yard is filled with tropical plants and trees, and is private and peaceful.
• There is currently off-street parking for one or two cars.
LIVE. With beautiful bush walks, Narrabeen Lake, Wheeler Heights Public School, and the local shops within a 15-minute walk of the front door, this is a fantastic base for action-packed family life. Currently undergoing development on the corner of the street is a village lifestyle hub, where there will be a number of restaurants and cafes, and it’s just a couple of minutes’ drive to Dee Why.
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.