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VIC › Wonga Park › Homestead Rd

32 Homestead Rd, Wonga Park VIC 3115

House

4

Bedrooms

3

Bathrooms

6

Car spaces

109,265.123 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 109,265 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Wonga Park (last 5 years) with land size: median $877/m² of land (n=29). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Wonga Park (last 5 years) with land size have a median of $877/m² of land (n=29). 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 →

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. Soldprice unknown9 Oct 2015
  2. Listedprice unknowncompleted23 May 2015

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 $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.

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

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 RT Edgar Yarra Valley

The Total Package

High calibre residence, flexible and adaptable single or dual family design, superb land, extensive improvements.

Enjoyed by the current owners for 32 years. 27 level fertile acres on the leading edge of the Yarra Valley, this property offers the complete package for the family simply wishing to enjoy the privacy of a rural lifestyle within close proximity to all required facilities. This includes an extensive selection of shopping establishments and many of the finest schools east of Melbourne including Yarra Valley Grammar, Luther College, Oxley College and Billanook College to name but a few. For convenience many school buses stop at the front gate.

Introduced by long sealed driveway, the centrally positioned Architect-designed single level residence of recent years sits amidst delightful established grounds offering both a wonderful living environment and absolute privacy. Of spacious yet manageable proportions and with much foresight, the light-filled design currently provides entry foyer, 4 bedrooms, 3 bathrooms, 3 separate spacious formal entertaining and casual living areas and fully equipped country-size kitchen with Stainless Steel appliances. To allow maximum flexibility the oversize 6 vehicle garage has internal home access to allow future "granny flat" conversion with minimal modification as all service requirements are in place, while still leaving a spacious three car garage. Close inspection reveals superior attention to detail with appointments and presentation befitting a home of undoubted quality.

Read the full description

For the equine enthusiast, outdoors is equally impressive: outstanding stable complex of 8 hardwood lined boxes, substantial machinery and feed storage, full size all weather menage, 16m lunging ring and 18 paddocks with loose boxes.

Properties of this calibre and scope are tightly held and rarely become available.

A property with endless opportunities or utilise as the perfect private city fringe retreat. Impressive from every perspective, highly improved, wonderfully located and presented for sale in impeccable order.

Listing description written by Mark Sutherland, RT Edgar Yarra Valley — 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.