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VIC › Mount Eliza › Winona Rd

51 Winona Rd, Mount Eliza VIC 3930

For saleHouse for Sale

$2,950,000–$3,200,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

2

Car spaces

3,834 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,950,000–$3,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,950,000–$3,200,000(Listing record · 27 July 2026)
  • FactLand 3,834 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Mount Eliza's advertised median rent ($780/wk), implied gross yield would be 1.37% — 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

$2,950,000–$3,200,000

Asking range · $769/m² of land

No recorded sale for this property.

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

Total cost to purchase

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

Purchase Price
$2,950,000
Stamp Duty (Victoria)
$171,750
Transfer/Registration Fee
$3,614
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
$3,129,064

$179,064 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 Mount Eliza's advertised median rent — not a rent for this listing.

Net yield
-0.13%
Annual cashflow (pre-tax)
$-157,090
Interest cover (DSCR)
-0.02
Annual rent
$40,560
Operating expenses
$44,250
Loan amount
$2,360,000
Annual interest
$153,400
Gross yield
1.37%

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$2,950,000–$3,200,000available27 July 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 $780/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 1.4%. 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

Mount Eliza in one glance

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

Keep researching

  • Why Mount Eliza? Read the area thesis →
  • What else is on the market in Mount Eliza →
  • Other records on Winona Rd →

Listing material

Listed by Impact Realty Group Mount Eliza

Timeless Elegance, Character and Family Luxury

Privately nestled within Mount Eliza's prestigious Woodland Estate, on an impressive 3,834m2 allotment which features dual street frontage, this extraordinary custom-built family residence is a once-in-a-generation opportunity, where timeless craftsmanship, architectural character and spacious living combine to create a truly unforgettable lifestyle. This magnificent four-bedroom plus study, three-bathroom residence, including an upstairs guest suite was lovingly designed and constructed by its current owners, showcasing an exceptional level of quality rarely seen today.

Crafted from reclaimed bluestone sourced from St Kilda's iconic Acland Street, every element has been carefully considered to create a home of enduring beauty and distinction. Beautifully established gardens, meandering pathways and a tranquil sense of privacy create an unforgettable first impression. The tiled entrance reveals an exposed brick feature wall, soaring ceilings, with the exquisite details continuing throughout the home with dark timber skirting boards, custom made stained-glass windows, decorative ceiling roses, French doors, vaulted timber-lined ceilings and spectacular uninterrupted views across Port Phillip Bay and Melbourne's skyline providing a breathtaking backdrop.

Designed to accommodate families of every stage, the expansive floorplan offers a wonderful balance of formal elegance and relaxed everyday living. The grand formal living room is a stunning showcase of old-world charm, featuring rich timber wall panelling, an open fireplace and French doors framing spectacular views across the landscaped gardens, Port Phillip Bay and Melbourne skyline. Adjacent, the formal dining room enjoys the same breathtaking outlook, creating an exceptional setting for entertaining, while a wet bar positioned beside the formal living is a welcome inclusion. At the heart of the home, the spectacular family domain unfolds beneath an impressive vaulted timber ceiling bathed in natural light. The Blackwood kitchen blends seamlessly with the home's character, appointed with granite benchtops, quality appliances including induction cooking, and an oversized picture window perfectly framing the magnificent gardens and panoramic views. The adjoining meals, complete with its own open fireplace, flows effortlessly through French doors onto the expansive covered verandah, creating seamless indoor-outdoor entertaining, while the living room opens directly onto a private courtyard.

Read the full description

The privately positioned main bedroom suite offers a luxurious parents sanctuary featuring a charming gas fireplace, walk-in dressing room with stone vanity, and a beautifully renovated ensuite with French doors opening onto its a secluded courtyard. A separate children's wing provides two generous bedrooms with built-in wardrobes, and a family bathroom complete with double vanity, spa bath and shower. Ascending to the upper level, an impressive light-filled mezzanine sitting room creates an exceptional family retreat, complete with extensive cabinetry, built-in desks, skylights and soaring timber ceilings. Across the elevated walkway, the luxurious guest suite or second main bedroom, enjoys complete privacy with its own sitting area, walk-in robe, ensuite and striking bluestone feature wall.

Outside, the gardens have been meticulously landscaped and developed over decades to create one of Mount Eliza's finest family playgrounds. A spectacular 15-metre fully tiled solar heated pool takes centre stage, complete with a raised spa, cascading waterfall and an incredible integrated tiled waterslide that promises endless family enjoyment. Surrounding the pool are expansive entertaining spaces including a built-in BBQ kitchen with granite benchtops, a magnificent open fireplace, deck with gazebo, and multiple alfresco zones designed for unforgettable gatherings. Beyond lies a substantial level of lawn providing endless space for children to play while also offering exciting future possibilities including additional accommodation, a tennis court, or further garaging/shedding noting this portion of the land (approx. 1,350 sqm) has vehicle access and street frontage to Freelands Drive.

The property also features a concealed door in the formal lounge, where an incredible bluestone staircase leads to the lower-level complete with a wine cellar, gym and storage, adding another layer of character, while providing direct access to the outdoor entertaining and pool. There is also a home office, vegetable gardens, an extensive variety of fruit trees, chicken coop, gardener's shed, 6.5kw solar panels, hydronic underfloor heating for the entire ground floor with year round comfort, multiple split system air conditioners, oversized bluestone garage/workshop, new Colorbond roof and new asphalt driveway.

Crafted without compromise and cherished by family, this is an exceptionally rare opportunity to secure a true landmark residence, a home where timeless character, remarkable craftsmanship and generations of treasured family memories await.

Listing description written by James Merchan, Impact Realty Group Mount Eliza — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Floorboards
  • Outdoor Entertaining
  • In-Ground Pool
  • Rumpus Room
  • Shed
  • Solar Panels
  • Study
  • Water Tank
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.