Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Quarry Hill › Olinda St

118 Olinda St, Quarry Hill VIC 3550

House

$575,000

Last sold

12 Mar 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

494 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 $575,000 (12 Mar 2024).(Recorded sale)
  • FactLand 494 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Quarry Hill (last 5 years) with land size: median $1,150/m² of land (n=70). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK (TRZ2) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactHERITAGE OVERLAY (HO30) intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1HERITAGE OVERLAY (HO30) affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

$575,000

12 Mar 2024 · derived via latest_sale

Local land rate: recorded House sales in Quarry Hill (last 5 years) with land size have a median of $1,150/m² of land (n=70). Districts calculation from recorded sales — not a valuation.

Quarry Hill at a glance

2,411

People

$665,000

Median sale

$460/wk

Median rent

3.60%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Quarry Hill report →

Vs Quarry Hill

-13.5%

Median sale

Suburb $665,000

+0.56 pp

Gross yield

Suburb 3.60%

Suburb median $665,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK

TRZ2

Jurisdiction

Greater Bendigo

Greater Bendigo, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 45218362

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

Detected — official

The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.

Records

Property history

  1. Sold$575,00012 Mar 2024
  2. Listedprice unknowncompleted6 Dec 2023
  3. Listedprice unknowncompleted6 Dec 2023

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?

Confidence: medium

Zoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 504 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: medium

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO30). Heritage can block demolition and dual occupancy even when land size looks like a site. 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 $460/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.

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

Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.

Detail

The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO30). Heritage can block demolition and dual occupancy even when land size looks like a site.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 504 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO30). Heritage can block demolition and dual occupancy even when land size looks like a site.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Quarry Hill in one glance

Quarry Hill at a glance

2,411

People

$665,000

Median sale

$460/wk

Median rent

3.60%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Quarry Hill report →

Keep researching

  • Why Quarry Hill? Read the area thesis →
  • What else is on the market in Quarry Hill →
  • Other records on Olinda St →

Listing material

Listed by McKean McGregor McKean McGregor

City Fringe Charmer in Quarry Hill

Nestled in the sought-after Quarry Hill locale, this solid brick home offers convenience and easy-care living. A short stroll to the pub, playground, primary schools, train station, and Bendigo’s CBD, this centrally positioned property is an ideal investment or an exciting first home.

- Desirable Quarry Hill locale; minutes walk to the Bendigo CBD, local schools, cafes and shops

- Renovated throughout including original features of timber floors and picture railroad, also updated bathrooms and kitchen

Read the full description

- Extensive covered rear decking; ideal for entertaining year round

- Low-maintenance yard surrounds

Tucked away behind established planting and fencing, the front entrance and yard is private while double carport provides off-street parking solutions. The neatly paved entrance leads to the residence and access to the secure rear yard on both sides. The prime location is ideal for those seeking a stable investment opportunity, first home buyers or young professionals, searching for a solid brick home in an excellent convenient locale.

Upon entry original art deco features, including floorboards, wall sconces, decorative cornice, and picture railing are showcased. The

living room to the left boasts a ceiling fan, complemented by evaporative ducted cooling and ducted floor heating for year round comfort. Down a few steps, leads to a versatile third bedroom or a second living space, great flexible uses with access to both front and rear yards.

Towards the rear, discover a sizeable bedroom with built-in robe and ceiling fan, accompanied by a modern fully renovated bathroom. The

master bedroom follows with a spacious ensuite bathroom with walk-in shower. The open-plan kitchen and dining space at the heart, includes a practical layout with contemporary fixtures and modern appliances. Adjacent the dining space, a large laundry, doubling as a storage room, sunroom, or study, with access to an expansive deck.

The covered rear deck is an ideal entertaining space, overlooking the neat backyard that includes a lawn area, low-maintenance garden beds, a fire pit, and a gravel path leading to side access.

Additional features:

- Ducted gas heating and evaporative cooling

- Ceiling fans throughout

- Kitchen appliances; 5 burner gas cooktop, oven and

dishwasher

- Completely restumped

- Secure rear yard; dual side gate access

- Garden shed

- Extensive rear decking; with outdoor fan

Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor

Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the

Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any

inaccuracies.

Listing description written by Amy Sim, McKean McGregor McKean McGregor — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Shed
  • Toilets: 2

Also look at

Also for sale in Quarry Hill

  • 3 Rowcliffe St, Quarry Hill VIC 3550

    2-bed house for sale. Asking $585K–$625K.

    For sale
  • U1, 17 Spring Gully Rd, Quarry Hill VIC 3550

    3-bed house. Asking $525K–$575K.

    For sale
  • 46 Carpenter St, Quarry Hill VIC 3550

    4-bed house for sale. Asking $1.15M.

    For sale
  • 32 Reginald St, Quarry Hill VIC 3550

    3-bed house for sale. Asking $599K–$650K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.