CoastalCalmorMarketBuzz?
WheelerHeightsH12025
WheelerHeightscontinuestobeatightlyheld, community-driven suburb on the Northern Beaches Located just 17 kilometres from the Sydney CBD, it offers a family-friendly lifestyle witheasyaccesstoschools,parks,andbeaches. The suburb has a population of approximately 3,232residents,reflectingafive-yeargrowthrate of82percent Owner-occupiersaccountfor835 percentofhouseholds,withpropertiestypically held for an average of 17 years This level of stability reinforces Wheeler Heights’ reputation asalong-term,family-orientedneighbourhood.
HouseMarket
In the first half of 2025, Wheeler Heights recordedtwoconfirmedhousesales,partofthe fivetotalresidentialtransactionsfortheperiod. AccordingtoPricefinder,themedianhouseprice for the financial year was $228 million, representing a slight annual decline of 11 percent from the previous median of $2305 million CoreLogicdatasupportsthisrange,with recenthousetransactionsfallingbetween$217 millionand$2.44million.Salesactivityduringthe periodincludedafour-bedroom,two-bathroom homeat53ConistonStreet,whichsoldfor$23 million in March, and a four-bedroom, threebathroom home at 9A Rydal Place, which was alsosoldinMarchwiththepriceundisclosed
While overall sales volume was limited, buyer interest remained steady for quality family homes, particularly in the $22 to $25 million range
UnitMarket
Theunitmarketsawthreeofthefivetotalsales recorded in H1 2025. Pricefinder places the current median unit price at $1709 million, reflectinga58percentdeclineovertheprevious year
Recent transactions include a two-bedroom apartmentat206/180SouthCreekRoad,along withtwothree-bedroomunitsat1/43and4/43 Lantana Avenue. Although the unit market is smaller and less active than houses, there remainsconsistentdemandfromdownsizersand investors, especially for well-located, lowmaintenanceproperties
RentalMarket
Rental demand in Wheeler Heights remains strong Houses are achieving a median weekly rentof$1,395,deliveringagrossrentalyieldof 32 percent For units, the median rent is currently$650perweek,withanaverageyieldof 2.0 percent. Leasing activity has been steady, particularly for homes with outdoor space and proximitytoamenities Limitedrentalstockand rising demand continue to support upward pressure on prices, particularly in the house segment
Outlook
Withjustfiveconfirmedsalesinthefirsthalfof 2025,WheelerHeightscontinuestodemonstrate its tightly held nature and long-term owneroccupier appeal Despite a slight softening in both house and unit prices, Wheeler Heights remains a resilient and attractive market. The suburb’s strong fundamentals, combined with lifestyle appeal and consistent community growth, position it well for continued stability throughtheremainderof2025
Whetheryou'reconsideringasale,purchaseor investment, Wheeler Heights offers a solid platformforlong-termperformance.
5yearpopulationgrowth
Basedonrecordedhousesaleswithihthe last12months(FY2025)
$2.280m 83.5%
Medianhouseprice
Asat30June2025
8.2% -1.1%
Suburbgrowth
Basedonrecordedhousesalescomparedover thelasttworolling12monthperiods.
OwnerOccupiers
Basedonrecordedhousesalescomparedover thelasttworolling12monthperiods
5 $1.709m
Medianunitprice
Asat30June2025
TotalWheelerHeightsSales January-June2025
Someofourrecent WheelerHeightshighlights
13GrasmereCrescent,WheelerHeights 3Bed|1Bath|2Car Sold-$2,350,000
87RoseAvenue,WheelerHeights 4Bed|2Bath|2Car Sold-$2,200,000
17CrummockStreet,WheelerHeights 4Bed|2Bath|2Car Sold-$2,212,000
219SouthCreekRoad,Wheeler 4Bed|2Bath|1Car Sold-$2,280,000
8BownessStreet,WheelerHeig 4Bed|2Bath|2Car Sold-PriceonRequest
19HeatherStreet,WheelerHei 5Bed|2Bath|3Car Sold-$1,900,000
13DerwentStreet,WheelerHei h 4Bed|2Bath|2Car Sold-$1,925,000
4KendalCrescent,WheelerHei 4Bed|2Bath|2Car Sold-$2,420,000
7RydalPlace,WheelerHeights 4Bed|3Bath|2Car Sold-$2,415,000
cunninghamsre.com.au
0299497077
info@cunninghamsre.com.au
cunninghamsre