Wheelers Hill, 3150 ranked 573th in VIC when comparing growth in median property values or capital gain over the last 12 months. Wheelers Hill is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, Wheelers Hill,3150 has racked up an average of 0.20% over the period. This ranks it number 1040th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Wheelers Hill is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 329th in terms of most discounted suburbs in VIC
At number 1146 in a list of fastest selling suburbs, Wheelers Hill is in the TOP 40% of suburbs in Australia with an average of days on market 65.55 for properties listed there.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
VIC has seen average median house prices change by 2.98% which means that Wheelers Hill, 3150 has done well for property investors by showing a capital gain of 17.69% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Wheelers Hill comes in at number 205th in VIC.
With the median price for a house in Wheelers Hill being $725000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.01%