Investment property in Wheelers Hill has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.54%
Taking the average capital gain, or increase in median house value, Wheelers Hill,3150 has racked up an average of 5.54% over the period. This ranks it number 1269th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Wheelers Hill 3150 should be seeing an average reduction in asking price of around -6.58% . This means that Wheelers Hill is holding prices well when compared to other suburbs in VIC.
Renters in Suburb are facing rents around $26000 per annum or $500 every week.
Property investors who have had real estate in Wheelers Hill, 3150 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 30.67%
Over the longer term, Wheelers Hill has seen property prices show investors a 62.79% return over the last 3 years. This is worse than over the last 12 months
The VIC suburb of Wheelers Hill, 3150 is in the Monash local government area.