This expansive block of land presents an exceptional canvas and is a perfect opportunity to develop your dream home in a desirable location. Spanning 1,888sqm (approx.) of premium real estate, this rare parcel of land offers boundless potential for those with the vision and ambition to transform it into a captivating masterpiece.
Large and level block with easy street access for the build
Located in a high demand and growth area
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The size of Wheeler Heights is approximately 1 square kilometres. It has 10 parks covering nearly 9.7% of total area. The population of Wheeler Heights in 2011 was 14,387 people. By 2016 the population was 2,997 showing a population decline of 79.2% in the area during that time. The predominant age group in Wheeler Heights is 40-49 years. Households in Wheeler Heights are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wheeler Heights work in a professional occupation. In 2011, 73.8% of the homes in Wheeler Heights were owner-occupied compared with 86.1% in 2016.
Wheeler Heights has 1,066 properties. Over the last 5 years, Houses in Wheeler Heights have seen a 71.39% increase in median value, while Units have seen a 50.60% increase. As at 31 August 2024:
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