Over the last year, property investments in Wheeler Heights, 2097 have given investors a capital gain of 15.83%. This compares very favourably with the 6.87% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wheeler Heights has increased when compared to the 5 year average annual rate.
In the last year 41 properties changed hands in Wheeler Heights, which puts it as the 777th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Wheeler Heights being $1474000 and the advertised rent reaching $895 the gross rental yield for property investors calculates out to be 3.16%