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VIC › Wheelers Hill › Homestead Dr

18 Homestead Dr, Wheelers Hill VIC 3150

House

$1,700,000

Last sold

7 June 2025

5

Bedrooms

3

Bathrooms

2

Car spaces

660 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,700,000 (7 June 2025).(Recorded sale)
  • FactLand 660 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wheelers Hill (last 5 years) with land size: median $2,024/m² of land (n=73). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,700,000

7 June 2025 · derived via latest_sale

Local land rate: recorded House sales in Wheelers Hill (last 5 years) with land size have a median of $2,024/m² of land (n=73). Districts calculation from recorded sales — not a valuation.

Wheelers Hill at a glance

21,289

People

$1,419,000

Median sale

$688/wk

Median rent

2.52%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Wheelers Hill report →

Vs Wheelers Hill

+19.8%

Median sale

Suburb $1,419,000

-0.42 pp

Gross yield

Suburb 2.52%

Suburb median $1,419,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,700,0007 June 2025
  2. Listedprice unknowncompleted15 May 2025
  3. Listedprice unknowncompleted15 May 2025

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 $688/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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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

Wheelers Hill in one glance

Wheelers Hill at a glance

21,289

People

$1,419,000

Median sale

$688/wk

Median rent

2.52%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Wheelers Hill report →

Keep researching

  • Why Wheelers Hill? Read the area thesis →
  • What else is on the market in Wheelers Hill →
  • Other records on Homestead Dr →

Listing material

Listed by Stockdale & Leggo Central

Split level entertainer boasting sparking swimming pool and panoramic views

Auction Location: On premises

Set on a prized 660sqm north-east orientated block in one of Wheelers Hill's most sought-after lifestyle pockets, this spacious entertainer offers generous indoor-outdoor living and backs directly onto the prestigious Caulfield Grammar School. Just one minute's walk to Jells Park Primary and in the catchment for Wheelers Hill Secondary College, the home is also metres from Scotchmans Creek's expansive parklands, Jells Park's lakes and walking trails and the Glen Waverley Golf Club. The 754 bus stops at the end of the street and The Glen's retail and dining precinct is just a short drive away.

This classic brick veneer home reflects Melbourne's mid-to-late 20th-century suburban architecture, updated with energy-efficient and stylish enhancements. A raked gable with exposed rafters defines the asymmetrical facade, while solar panels on the northern roof pitch signal eco-conscious upgrades. The double garage contrasts with the traditional brick entry and timber front door with frosted sidelights, combining timeless appeal with

Read the full description

modern function.

Inside, the versatile split-level layout caters perfectly to the needs of growing families or multi-generational living. The open-plan living and dining area flows through glass stacker doors to a full-length timber deck balcony with uninterrupted panoramic views and overlooks a sparkling in-ground pool below. High square-set ceilings, modern LED down lights and luxe hardwood timber flooring elevate the interior, while ducted heating, wall heaters and multiple powder rooms deliver comfort and convenience.

The designer kitchen is equally impressive, boasting an abundance of cabinetry including glass-fronted display shelving, stone-look 40mm counters, a breakfast bar and servery, a 900mm oven with gas cooktop and a coffee nook. Natural light streams through, enhancing its appeal for daily living and entertaining alike.

Ground floor spaces include a generous rumpus room with access to the pool and backyard, while the upper level also features a separate study that could be utilised as a fifth bedroom. All four bedrooms include built-in robes, while the master suite adds a walk-in robe and private ensuite. Both bathrooms are superbly finished with oversized semi-frameless showers, dual rain and hand-held heads and a coastal-inspired neutral palette. A tiled hob bathtub adds a relaxing touch in the family bathroom.

Finished with manicured landscaping front and rear, digital power display, blinds for privacy and a true entertainer's vibe throughout, this home combines comfort, functionality and flair in an unbeatable location.

Listing description written by Jean Zeng, Stockdale & Leggo Central — reproduced as published, not verified by Districts.

Also look at

Also for sale in Wheelers Hill

  • 2 Renoir Ct, Wheelers Hill VIC 3150

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  • 2 Jensen Ct, Wheelers Hill VIC 3150

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  • 22 Darlington Ave, Wheelers Hill VIC 3150

    4-bed house for sale. Asking $1.25M–$1.38M.

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  • 1 Tom Begg Ct, Wheelers Hill VIC 3150

    5-bed house for sale. Currently listed.

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Districts

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

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