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VIC › Wheelers Hill › Redleaf Way

5 Redleaf Way, Wheelers Hill VIC 3150

House

$2,870,000

Last sold

19 Mar 2025

4

Bedrooms

2

Bathrooms

2

Car spaces

789 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 $2,870,000 (19 Mar 2025).(Recorded sale)
  • FactLand 789 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

$2,870,000

19 Mar 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

+102.3%

Median sale

Suburb $1,419,000

-1.27 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$2,870,00019 Mar 2025
  2. Listedprice unknowncompleted27 Feb 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 Redleaf Way →

Listing material

Listed by Ray White Ferntree Gully

Exquisite Family Luxury in the Golden Mile

A striking fusion of modern sophistication and family-friendly design, this 18 month young architecturally crafted luxury residence on 789sqm (approx) presents an unparalleled lifestyle in the Golden Mile, one of Wheelers Hill's most coveted pockets. Delivering an impeccable blend of grand proportions, premium finishes and thoughtfully designed living spaces, this exceptional home is the perfect sanctuary for large or growing families seeking both comfort and refined style.

This exquisite home showcases an expansive open-plan living, dining and kitchen area, where high square-set ceilings and herringbone timber flooring create an immediate sense of grandeur. A striking gas fireplace serves as the centrepiece of the living space, exuding warmth and ambiance, while black-framed windows and doors enhance the sleek modern aesthetic. The kitchen is a culinary triumph, featuring stunning stone benchtops, a generous island with a breakfast bar, dark wood cabinetry, brushed brass tapware, an induction cooktop, Siemens dual electric ovens and an integrated dishwasher. The butler's pantry with an adjacent walk-in pantry ensures seamless organisation and effortless entertaining, catering to both everyday meals and special occasions.

Offering exceptional versatility, the home boasts four spacious bedrooms plus a dedicated study that easily transforms into a fifth bedroom. The lavish master suite is a true retreat, complete with a generous dressing room and an opulent ensuite showcasing dual stone vanities, an oversized shower with a niche and elegant floor-to-ceiling tiling. Two additional bedrooms feature built-in robes, while a third enjoys the luxury of a walk-in robe. The central bathroom mirrors the home's sophisticated style with a single stone vanity, an indulgent bath and expansive shower space, while a well-appointed powder room adds convenience. A spacious laundry with ample bench space and storage caters to the demands of family living, ensuring practicality meets effortless style.

Read the full description

Beyond its stunning interiors, the home extends its grandeur to an exceptional outdoor domain. An expansive alfresco deck sets the stage for year-round entertaining, seamlessly connecting to a spacious patio perfect for dining under the stars. A dedicated fire pit area provides the perfect spot for cozy evenings with family and friends, while the electrically-heated swimming pool is a private oasis, promising endless year round enjoyment. Framed by neat, low-maintenance landscaped gardens, the outdoor spaces are designed for both relaxation and play, making it an ideal haven for children and adults alike.

Further enhancing the home's impeccable credentials, a secluded front lounge offers a peaceful retreat, while an upstairs games area provides a versatile space for children to unwind or teenagers to gather. Thoughtful inclusions such as a walk-in linen closet, LED downlights throughout, sheer curtains in select bedrooms, plush carpeting on the upper level and a state-of-the-art intercom and alarm system elevate both comfort and security. The exposed aggregate driveway leads to a double-car garage whilst climate control is effortlessly managed with Bonair ducted reverse cycle heating and cooling, featuring three zones for tailored comfort.

Every element of this extraordinary home has been meticulously curated to provide an unparalleled living experience for families seeking space, sophistication and a premier lifestyle in one of Wheelers Hill's most sought-after locations. With its impeccable design, superior finishes and family-friendly layout, this stunning residence is the ultimate dream home, promising an enviable lifestyle of luxury, convenience and effortless elegance.

Features:

• 4 bedrooms plus study/5th bed

• 2.5 bath

• Spacious laundry with ample bench space

• Open plan living, dining and kitchen

• Stone benchtops in kitchen

• Spacious island bench with breakfast bar

• Dark wood cabinetry

• Brushed brass tapwear

• Induction cooktop

• Siemens dual electric ovens

• Butlers pantry with adjacent walk-in pantry

• Integrated dishwasher

• Gas fireplace in living

• Secluded front lounge room

• Games retreat upstairs

• High square set ceilings throughout

• Black framed windows and doors

• Walk-in linen closet upstairs

• Large master suite with ensuite and dressing room

• Two bedrooms feature built-in robes whilst the third has a walk in robe.

• LED downlights throughout

• Herringbone timber flooring throughout ground floor

• Plush carpets on second floor

• Sheer curtains in some bedrooms

• Exposed aggregate driveway

• Double car garage

• Rendered Facade

• Large alfresco with decking

• Spacious patio area for outdoor dining

• Storage shed

• Dedicated fire pit area

• Electrically heated swimming pool

• Neat, low maintenance gardens

• Intercom system

• Bonair Ducted reverse cycle with three zones

• Alarm System

Location:

Nestled in a prime location, this home offers exceptional convenience with a range of amenities within walking distance. Stroll to Hartford Crest Reserve, Bowden Court Playground, Brentwood Reserve and Jells Road Reserve for outdoor leisure, or enjoy the expansive greenery of Jells Park. Families will appreciate the proximity to esteemed schools, including Caulfield Grammar,Wheelers Hill Primary and Wheelers Hill Secondary College. Shopping is effortless with Brandon Park Shopping Centre, The Glen Shopping Centre and nearby Waverley Park catering to all retail and dining needs. This superb location ensures effortless access to parks, schools, public transport and shopping, making it ideal for families and lifestyle seekers alike.

Onsite Auction Saturday 22nd of March at 10am

Listing description written by Cristine Jones, Ray White Ferntree Gully — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Study
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.