Suburb Profile Report for Wheelers Hill VIC (3150)

Wheelers Hill House: Median price $1,130,000, Annual capital growth 7.95%, Number of sales 205, Weekly median advertised rent $510

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report

Property value increases in Wheelers Hill have tracked just lower than the VIC average of 4.75% over the last 12 months.

Over the longer term, Wheelers Hill has seen property prices show investors a 14.72% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Wheelers Hill should be aiming for at least -7.62% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Wheelers Hill have been waiting around 71.13 days to sell a property.

Wheelers Hill, 3150’s gross rental yield is 2.35%

Metrics i HOUSE UNIT
$1,130,000 N/A
-2.16% N/A
-1.74% N/A
7.95% N/A
$510 N/A
205 N/A
2.35% N/A
71.13 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 19104
Median household income ($/weekly) 1567
Median age of persons 44
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 2112 11.1
    35-44 years 2346 12.3
    45-54 years 2690 14.1
    55-64 years 3041 15.9
    65-74 years 2241 11.7
    Others 6675 34.9
    Age Group
    Census Count Percent(%)
    Registered Married 9240 60.9
    Not Married 5461 36.0
    Defacto Relationship 481 3.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 10576 57.0
    Croatia 959 5.2
    Malta 695 3.7
    United Kingdom 782 4.2
    Other 1036 5.6
    Others 4493 24.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 1069 6.0
    Christianity 12055 67.2
    Hinduism 608 3.4
    Islam 298 1.7
    No Religion 3658 20.4
    Others 241 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 516 8.9
    $600-$799 449 7.8
    $1,500-$1,999 699 12.1
    $2,000-$2,499 585 10.1
    $2,500-$2,999 619 10.7
    Others 2899 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 6029 38.2
    Employed, worked full-time 5685 36.0
    Employed, worked part-time 3116 19.8
    Employed, away from work 524 3.3
    Unemployed, looking for work 417 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 1386 14.9
    Professionals 2635 28.3
    Technicians & trades workers 1042 11.2
    Clerical & administrative workers 1572 16.9
    Sales 1001 10.7
    Others 1690 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 257 5.6
    Infants/Primary 1394 30.4
    Secondary 1347 29.4
    Technical or Further Educational Institution 325 7.1
    University or other Tertiary Institutions 1155 25.2
    Others 106 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 17625 96.6
    Flat, unit or apartment 406 2.2
    Semi-detached, row or terrace house, townhouse 213 1.2
    House or flat attached to a shop, office 6 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 3368 52.6
    Being purchased 2081 32.5
    Rented 742 11.6
    Other tenure type 213 3.3
    Tenure Type
Census 2011, ABS
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