5 Homestead Road, Eltham, VIC 3095 | Property Value & History | OnTheHouse
OFF MARKET

5 Homestead Road
Eltham VIC 3095

Bedrooms: 5
Bathrooms: 5
Car spaces: 3
Floor area: 338m2
Land area: 5087m2
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Property Details for 5 Homestead Rd, Eltham

Building Type
Rural
Year Built
1930
Floor Size
338m2
Land Size
5087m2
Local Government
Nillumbik
Lot/Plan
2/LP128342

Last Listing description (May 2021)

SOLD by Jellis Craig. Historically significant to the area, this magnificent home reminiscent of the English Gothic era, and with strong origins to the iconic Montsalvat artists community, has been carefully enhanced and extended by the current owners whilst maintaining its proud heritage and undeniable appeal. Showcasing a warm textural combination of rendered mudbrick juxtaposed with reclaimed timbers, bluestone and slate; the dynamic mix of living areas includes an impressively large living/dining room enhanced by an open fire and ornate ceiling with timber beams, accompanied by a quiet snug with a discreet wine cellar.

The central kitchen/meals zone is divine, equipped with handmade tiles, a marble island breakfast bar, twin ovens, induction cooktop and an integrated fridge/freezer. Tucked away on this level is a guest bedroom with courtyard access and use of an elegant bathroom featuring the original marble bathtub and English handbasin.

Head up an antique Cedar staircase carefully sourced from an old hotel and marvel at the stunning 1880s stained glass window, leading to the indulgently large master bedroom with views over the courtyard, a walk-in robe and luxe ensuite; paired with a home office/nursery, a library with a cosy open fire and two additional bedrooms (one with a Juliet balcony, the other with an ensuite), and a central shower room.

The beautifully kept gardens sprawl over 1 flat acres, and majestic outdoor areas feature a gazebo overlooking the huge dam, and a classically French-inspired red-brick terrace with a water feature forming the centrepiece of the courtyard; flanked by a self-contained 1-bedroom studio and an original outhouse repurposed with a fully equipped kitchen, pizza oven, laundry, storage room and toilet.

An extensive list of features includes automated gates, hydronic heating, split system air conditioning, alarm system, hardwood floors, irrigation system, water tank, double carport and a double auto garage with a large workshop. Set in a prestigious yet secluded location surrounded by parks and trails, and just minutes from quality schools, Eltham Village and Westfield Doncaster.

Property History for 5 Homestead Rd, Eltham, VIC 3095

A timeline of how this property has performed in the market
Last Transferred
01 Mar 2024
  • 01 Mar 2024
    Transferred
  • 01 May 2021
    Sold for $2,610,000
  • 05 Mar 2021
    Listed for Sale $2,600,000 - $2,800,000
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About Eltham 3095

The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2016 was 18314 people. By 2021 the population was 18847 showing a population growth of 2.9% in the area during that time. The predominant age group in Eltham is 50-59 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation.In 2021, 86.10% of the homes in Eltham were owner-occupied compared with 85.50% in 2016.

Eltham has 8,648 properties. Over the last 5 years, Houses in Eltham have seen a 30.97% increase in median value, while Units have seen a 14.90% increase. As at 30 November 2025:

  • The median value for Houses in Eltham is $1,327,834 while the median value for Units is $831,253.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 34 properties listed for sale, and 6 properties listed for rent in Eltham on OnTheHouse. According to Cotality's data, 321 properties were sold in the past 12 months in Eltham.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.