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VIC › Wonga Park › Homestead Rd

24 Homestead Rd, Wonga Park VIC 3115

House

$2,421,000

Last sold

13 Jan 2026

5

Bedrooms

4

Bathrooms

4

Car spaces

16,187.426 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 $2,421,000 (13 Jan 2026).(Recorded sale)
  • FactLand 16,187 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wonga Park (last 5 years) with land size: median $888/m² of land (n=28). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned RURAL CONSERVATION ZONE - SCHEDULE 2 (RCZ2) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$2,421,000

13 Jan 2026 · derived via latest_sale

Local land rate: recorded House sales in Wonga Park (last 5 years) with land size have a median of $888/m² of land (n=28). Districts calculation from recorded sales — not a valuation.

Wonga Park at a glance

3,857

People

$1,361,000

Median sale

$638/wk

Median rent

2.44%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Wonga Park report →

Vs Wonga Park

+77.9%

Median sale

Suburb $1,361,000

-1.07 pp

Gross yield

Suburb 2.44%

Suburb median $1,361,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

RURAL CONSERVATION ZONE - SCHEDULE 2

RCZ2

Jurisdiction

Manningham

Manningham, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1340405

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

Detected — official

The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

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$2,421,00013 Jan 2026
  2. Listedprice unknowncompleted9 Dec 2025
  3. Listedprice unknowncompleted9 Dec 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?

Confidence: medium

Zoned RURAL CONSERVATION ZONE - SCHEDULE 2 · RCZ2 (ZN). Official parcel area about 15,681 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 15,681 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $638/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned RURAL CONSERVATION ZONE - SCHEDULE 2 · RCZ2 (ZN). Official parcel area about 15,681 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownlow

    Official parcel about 15,681 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Wonga Park in one glance

Wonga Park at a glance

3,857

People

$1,361,000

Median sale

$638/wk

Median rent

2.44%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Wonga Park report →

Keep researching

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

Listing material

Listed by Barry Plant Doncaster East

SOLD! Best results in Manningham | Barry Plant Manningham’s #1 Real Estate Agency* | 9842 8888

Our latest sale attracted strong interest, and we have buyers who missed out. Let’s introduce them to your property and secure another great result.

Thinking of selling? Let’s make your property our next success story!

*Rate My Agent suburb winner in most Manningham suburbs – No.1 Most Recommended.

Read the full description

Set across approximately 4 acres of peaceful, useable land, this exceptional lifestyle estate at 24 Homestead Road blends family comfort, rural tranquillity and premium equestrian facilities into one rare and highly desirable offering. Properties of this calibre, where space, versatility and natural beauty merge so seamlessly, are tightly held and seldom presented to market.

From the moment you enter the long, tree-lined driveway, a deep sense of calm and privacy surrounds you. The beautifully maintained residence features four bedrooms and three bathrooms in the main home, complemented by a fully self-contained one-bedroom, one-bathroom unit with its own car space. This versatile accommodation arrangement is ideal for multigenerational living, guest stays, rental income or independent living for teens. The main house offers multiple living zones, a well-appointed kitchen and an inviting indoor–outdoor flow perfect for both relaxed everyday living and large-scale entertaining. Expansive windows capture leafy views from every angle, reinforcing the home’s serene ambience.

The estate’s equestrian facilities are exceptional. Purpose-designed stables, a dedicated riding arena and open paddock spaces provide the perfect environment for horse lovers, whether riding, training or offering agistment. Beyond its equine appeal, the property includes a two-car garage, double carport, an impressive workshop and a versatile studio, as shown in the floorplan, ideal for creative work, hobbies or home-based business needs.

Outdoors, the property continues to impress. Rolling lawns, established gardens and broad natural outlooks invite peaceful afternoons, while the expansive acreage ensures children, animals and hobbies all have room to thrive. This is a home designed for those who value privacy, space and an authentic country lifestyle without sacrificing modern comfort.

Positioned in a premium acreage pocket close to village amenities, schools, parklands and major arterials, this charming homestead offers tranquillity, practicality and boundless possibility, a remarkable opportunity for families or equestrian buyers seeking their forever escape.

Listing description written by Kathy Purcell, Barry Plant Doncaster East — 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.