Collaroy Plateau vs Wheeler Heights
Wheeler Heights (median $2,360,500) is roughly 19% cheaper to buy into than Collaroy Plateau ($2,900,000). Over the past year, Collaroy Plateau (+3.6%) ran 0.4 percentage points ahead of Wheeler Heights (+3.2%) on house-price growth.
Buying in Collaroy Plateau or Wheeler Heights?
Selling in Collaroy Plateau? The free selling guide
Collaroy Plateau and Wheeler Heights side by side
| Measure | Collaroy Plateau | Wheeler Heights |
|---|---|---|
| Price and market | ||
| Median house | $2,900,000 | $2,360,500 |
| Median unit | $480,240 | $480,240 |
| House price change, 12 months | +3.6% | +3.2% |
| Renting | ||
| House rent | $1290/wk | $1290/wk |
| Unit rent | $875/wk | $875/wk |
| Owner occupied | 86.0% | 84.0% |
| Renter occupied | 12.0% | 15.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1094 | 1106 |
| Lifestyle and people | ||
| Walk score | 18 | 18 |
| Transit score | 10 | 0 |
| Bike score | 100 | 100 |
| Population | 4,805 | 3,232 |
| Median age | 40 | 40 |
| Climate | ||
| Annual rainfall | 1125 mm | 1125 mm |
| Mean max, January | 26.6°C | 26.6°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Wheeler Heights (1106) sits above Collaroy Plateau (1094).
- For buyers
- Wheeler Heights is the lower entry point at $2,360,500 median, 19% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Wheeler Heights delivers the better gross yield (2.84% vs 2.31%), but Collaroy Plateau has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Wheeler Heights edges out on average school ICSEA (1106 vs 1094).
Collaroy Plateau vs Wheeler Heights: common questions
Is Collaroy Plateau or Wheeler Heights cheaper to buy in?
Wheeler Heights has the lower median house price at $2,360,500, roughly 19% below Collaroy Plateau ($2,900,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Collaroy Plateau or Wheeler Heights?
Over the past 12 months, Collaroy Plateau grew +3.6% vs +3.2% in Wheeler Heights, a gap of 0.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Collaroy Plateau or Wheeler Heights have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Wheeler Heights scores 1106 vs 1094 in Collaroy Plateau. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Collaroy Plateau or Wheeler Heights?
Gross rental yield on houses is 2.84% in Wheeler Heights vs 2.31% in Collaroy Plateau. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
The two suburbs
Compare Collaroy Plateau with
Choosing between Collaroy Plateau and Wheeler Heights?
The free buying guide: budget, schemes, inspections and how not to overpay.