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VIC › Berwick › Homestead Rd

106a Homestead Rd, Berwick VIC 3806

For saleHouse for Sale

$950,000–$997,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

448 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $950,000–$997,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $950,000–$997,000(Listing record · 18 June 2026)
  • FactLand 448 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Berwick's advertised median rent ($599/wk), implied gross yield would be 3.28% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$950,000–$997,000

Asking range · $2,121/m² of land

No recorded sale for this property.

Berwick at a glance

55,751

People

No data

Median sale

$599/wk

Median rent

No data

Suburb gross yield

See the full Berwick report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$950,000
Stamp Duty (Victoria)
$52,070
Transfer/Registration Fee
$2,327
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,008,097

$58,097 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Berwick's advertised median rent — not a rent for this listing.

Net yield
1.78%
Annual cashflow (pre-tax)
$-32,502
Interest cover (DSCR)
0.34
Annual rent
$31,148
Operating expenses
$14,250
Loan amount
$760,000
Annual interest
$49,400
Gross yield
3.28%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$950,000–$997,000available18 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $599/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Berwick in one glance

Berwick at a glance

55,751

People

No data

Median sale

$599/wk

Median rent

No data

Suburb gross yield

See the full Berwick report →

Keep researching

  • Why Berwick? Read the area thesis →
  • What else is on the market in Berwick →
  • Other records on Homestead Rd →

Listing material

Listed by LJ Hooker Dandenong

Exceptional Family Living with Year-Round Entertaining in the Prestigious Alira Estate

Sale By Set Date - 13th September (contact agent to organise private inspection if you're unable to attend during the advertised open for inspection - alternatively, request a video walkthrough inspection)

Positioned within the highly sought-after Alira Estate, this beautifully presented family residence delivers the perfect combination of modern comfort, practical living, and outstanding outdoor entertaining in one of Berwick's most desirable communities.

Designed with family living in mind, the home offers four spacious bedrooms, two well-appointed bathrooms, and a thoughtfully designed floorplan that effortlessly balances functionality with contemporary style. Filled with natural light and complemented by quality finishes throughout, this residence provides a warm and welcoming environment from the moment you step inside.

Read the full description

At the heart of the home, the modern kitchen overlooks the open-plan living and dining area, creating a central hub where family and friends can come together. Whether preparing meals, entertaining guests, or enjoying everyday family life, this space has been designed to cater to a variety of lifestyles.

One of the standout features of the home is the impressive outdoor entertaining area. Featuring a beautifully decked alfresco complete with automatic shutters, this versatile space can be enjoyed throughout the year, providing the perfect setting for family gatherings, weekend barbecues, or simply relaxing in comfort and privacy.

Additional features including heating, cooling, and a split-system air conditioner ensure year-round comfort, while the low-maintenance design allows you to spend more time enjoying the lifestyle that this fantastic location has to offer.

Property Features:

• Four spacious bedrooms

• Two modern bathrooms

• Master bedroom with ensuite and walk-in robe

• Open-plan living and dining area

• Modern kitchen with quality appliances

• Heating and cooling throughout

• Split-system air conditioning

• Decked outdoor entertaining area

• Automatic outdoor shutters for year-round enjoyment

• Double garage with internal access

• Low-maintenance allotment

• Family-friendly floorplan

Prime Location with Outstanding Amenities:

• Located within the prestigious Alira Estate

• Close to Berwick Fields Primary School, Kambrya College, Nossal High School and Haileybury College

• Minutes from Eden Rise Village Shopping Centre, Berwick Village and Westfield Fountain Gate

• Easy access to the Monash Freeway and Berwick Train Station

• Close to Casey Hospital and St John of God Berwick Hospital

• Surrounded by parks, playgrounds, walking tracks and recreational facilities

• Conveniently located near local community facilities and places of worship, including the nearby Buddhist temple

Offering a lifestyle of comfort, convenience and community, this impressive residence presents an outstanding opportunity for families, first-home buyers and investors alike. With its sought-after Alira Estate location, quality presentation and exceptional outdoor entertaining area, this is a home that is ready to be enjoyed from day one.

DISCLAIMERS: Every reasonable effort has been made to ensure the accuracy of the information provided; however, neither the vendor, agent, nor agency makes any representation or warranty as to its completeness or correctness. The floor plans provided are for illustrative purposes only and should be treated as such. No liability is accepted for any inaccuracies or omissions in the details or dimensions represented. As the property may be subject to private inspections, the sale status could change prior to scheduled Open Homes. Prospective buyers are advised to verify the current availability of the property before attending any inspection.

Listing description written by Nik Jones, LJ Hooker Dandenong — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.