Wheelers Hill, VIC 3150, with a population of 20,652, is a family-friendly suburb with a mix of age groups, particularly those aged 45 to 64 and 65 and over. The median household income is $1,818 per week, and the suburb has a balanced proportion of various occupations, with professionals, managers, and technicians being the top three. The suburb offers good commuting options, with a significant number of residents working from home. For houses in Wheelers Hill, the market absorption rate of 33.3% suggests high demand and potential for price appreciation. With a substantial median growth rate and low vacancy rate, it is an attractive option for property investors. The suburb also shows good potential for renovators due to a high sale price IQR ratio. On the other hand, units might appeal to investors looking for higher rental yields, lower discount rates, and steady growth rates. Wheelers Hill, VIC 3150, offers a comfortable lifestyle with easy access to amenities. Homeowners will appreciate the family-oriented community and proximity to good schools. Investors can benefit from the strong demand for houses and the potential for renovation projects, while units offer attractive rental yields and growth prospects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022