Side by sideSuburb comparison

Wheeler Heights vs Collaroy.

Comparing two suburbs with median house prices of $2,360,500 and $3,487,500. Wheeler Heights edges out on more headline metrics in this comparison.

Wheeler Heights (median $2,360,500) is roughly 32% cheaper to buy into than Collaroy ($3,487,500). Over the past year, Wheeler Heights (+3.2%) ran 6.3 percentage points ahead of Collaroy (-3.1%) on house-price growth.

Collaroy scores higher on walkability (18/100 vs 70/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Wheeler Heights (1106) sits above Collaroy (1098). Wheeler Heights skews owner-occupied (84%), Collaroy runs more rental-dense (67% owner).

The takeWhich suburb suits which buyer

For buyers

Wheeler Heights is the lower entry point at $2,360,500 median, 32% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Wheeler Heights carries both higher gross yield (2.84% vs 1.92%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Wheeler Heights edges out on average school ICSEA (1106 vs 1098). Wheeler Heights also has a higher family-household share (87% vs 72%), so the catchment community skews family-heavy.

Common questionsWheeler Heights vs Collaroy

Common questions

Is Wheeler Heights or Collaroy cheaper to buy in?

Wheeler Heights has the lower median house price at $2,360,500, roughly 32% below Collaroy ($3,487,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Wheeler Heights or Collaroy?

Over the past 12 months, Wheeler Heights grew +3.2% vs -3.1% in Collaroy, a gap of 6.3 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 Wheeler Heights or Collaroy have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Wheeler Heights scores 1106 vs 1098 in Collaroy. 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 is more walkable, Wheeler Heights or Collaroy?

Collaroy scores 70/100 on walkability vs 18/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Wheeler Heights or Collaroy?

Gross rental yield on houses is 2.84% in Wheeler Heights vs 1.92% in Collaroy. 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.

The numbers behind the take

Wheeler Heights
Metric
Collaroy

Price & Market

$2,360,500
Median house
$3,487,500
$480,240
Median unit
$480,240
+3.2%
Annual growth (house)
-3.1%
Days on market

Rental

$1290/wk
Rent (house / wk)
$1290/wk
$875/wk
Rent (unit / wk)
$875/wk
84.0%
Owner occupied
67.0%
15.0%
Renter occupied
30.0%

Lifestyle & Demographics

18
Walk score
70
0
Transit score
0
100
Bike score
100
3,232
Population
7,944
40
Median age
43

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1106
Avg ICSEA
1098

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).