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.
VIC › Wonga Park › Homestead Rd
$1,799,200
Last sold
17 Oct 2016
5
Bedrooms
3
Bathrooms
6
Car spaces
4,030 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,799,200
17 Oct 2016 · derived via latest_sale
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.
Vs Wonga Park
+32.2%
Median sale
Suburb $1,361,000
-0.60 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 data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Bell Real Estate MontroseSetting an inspiring precedent for sheer quality and lifestyle pleasure, this perfectionist showpiece re-defines the terms poise and finesse. The extraordinary grace and presence at The Homestead is a dedication to elegance, and a commitment to a lifestyle filled with visual rewards. The home boasts contemporary functionality with timeless style and a spectacular interface between exquisite interiors, magnificent rural views and the natural beauty of this tranquil estate.
Every inch of the home speaks of elegant dignity. Much more than just a few moments are required to appreciate the attention to detail invested into this stylish persona. The freshly polished Jarrah staircase and the combination of Oregon, Baltic pine and hardwood floorboards set a tone of glamorous individuality, whilst the period features contrast in spectacular fashion against crisp white tonings throughout. French doors spill out to all en-compassing wrap around verandas with large casement and double hung sash windows allowing the natural sunlight to flood in to the brand new kitchen and living room, which also features a gas log fire in the open fireplace, perfect for those crisp spring evenings. 5 star luxury can be enjoyed throughout the master suite with Travertine finishes, and the main bathroom complete with free standing tub ensures style and convenience for the whole family.
Inclusions:-
Main level is an entertainers delight with separate formal dining, stunning new kitchen with butlers pantry and stone counter tops, 3 bedrooms, main bathroom, huge laundry with drying cupboard and separate WC.
Upper level attic style main bedroom and en-suite together with family room/retreat and large 2nd bedroom, high ceilings with large Victorian gutter cornicing, gas ducted heating and separate ducted cooling.
Massive barn with loft office and fully optioned man cave with room for your collectables and an abundance of space for your tools and equipment, with an adjoining separate carport for 4 cars.
A single carport sits under main roofline of/and with direct access to the residence.
Stunning in-ground solar heated, salt chlorinated pool with separate kids playground.
50,000 litres of rainwater storage, plus your own lily pond complete with feature windmill.
The Homestead enjoys glorious views across rural settings out to The Dandenong, Warburton and Yarra Ranges and to the Great Dividing Range, and is surrounded by stunning landscaped gardens with brick edged bitumen driveway and two entrances.
There is ample off street parking with undercover parking for 10 cars.
An inspection will only unveil the true magnitude of this outstanding and unique property.
Listing description written by Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.