14-16 Reserve Road, Wonga Park VIC 3115

14-16 Reserve Road, Wonga Park VIC 3115
Semi-rural acreage on 4 hectares | 5 bedrooms with loft spaces | Pool outlook from master suite | Established hobby-farm layout with paddocks This property is competitively strong as a rare semi-rural holding within Wonga Park, sitting on approximately 4 hectares of land with a configuration that includes five bedrooms, three bathrooms, and substantial parking for up to nine vehicles. The inclusion of ten fenced paddocks with water access, a veggie garden, and a pool outlook from the master suite positions it as a lifestyle property suited to buyers seeking hobby-farming capability, multi-vehicle storage, or family accommodation with space and privacy. Its scale and rural classification set it apart from standard suburban stock in the area, making it most attractive to those prioritising land function and semi-rural living over walkable convenience. The property’s value may be influenced by its established improvements, including paddocks and water infrastructure, which could appeal to equestrian or livestock buyers and support a premium over bare land. The absence of a confirmed build year or detailed internal finishes means the condition and age of the dwelling might affect price expectations, particularly if renovations are needed. The large landholding and semi-rural setting may reduce liquidity compared to suburban homes, so the sale timeline could be longer, and the buyer should weigh the maintenance demands of a 4-hectare property against the lifestyle benefits when forming a view on price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 14-16 Reserve Road, Wonga Park VIC 3115
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Market Insight:

Wonga Park is an established, low-density township offering a distinct lifestyle bounded by the Yarra River, positioned as a premium residential enclave. Demand is anchored by buyers seeking larger family homes in a tranquil, green setting, reflected in consistent rental yields and a market dominated by houses. Recent price trends indicate a period of recalibration, with sales volumes remaining steady, suggesting a stable but discerning market. Future growth is intrinsically linked to its enduring natural appeal and limited new supply, though this very scarcity and broader economic sensitivity present the primary constraints on affordability and accessibility.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

9

Land

4.01 ha

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