Olinda at a glance
1,741
People
$1,180,000
Median sale
$629/wk
Median rent
2.77%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Olinda › Mount Dandenong Tourist Rd
$1,470,000
Last sold
28 Oct 2025
9
Bedrooms
3
Bathrooms
4
Car spaces
8,645 m²
Land
Districts View
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
$1,470,000
28 Oct 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Olinda (last 5 years) with land size have a median of $445/m² of land (n=80). Districts calculation from recorded sales — not a valuation.
Olinda at a glance
1,741
People
$1,180,000
Median sale
$629/wk
Median rent
2.77%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Olinda
+24.6%
Median sale
Suburb $1,180,000
-0.54 pp
Gross yield
Suburb 2.77%
Suburb median $1,180,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GREEN WEDGE A ZONE - SCHEDULE 1
GWAZ1
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 2 Sept 2026). Verify the extent against the title before relying on unaffected land.
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
VICZoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 8,842 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 8,842 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; EROSION MANAGEMENT OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $629/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 8,842 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 8,842 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; EROSION MANAGEMENT OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Olinda at a glance
1,741
People
$1,180,000
Median sale
$629/wk
Median rent
2.77%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate RangesDid you say you wanted flat land with a large character home?
Well, here it is! Extensively refurbished with a private yet central location, this property offers a golden opportunity to acquire an iconic and prime landholding in Olinda. Walking distance to the charm and allure of Mt Dandenong village yet emanating a distinct feeling of timeless country ambience. Just over 2 lush acres of predominately flat grounds dotted with European classics such as pines, elms, fir, oak, beech and pine trees this is a lifestyle or investment opportunity of grand proportions that will bring joy to future generations.
Formerly known as “Bray Lodge Guest House” the property offers beautiful grounds of over 8645m2 (2.13 Acres) that are home to an original homestead circa 1930's including the perfectly flat lawn at the rear that was once a tennis court.
The property also houses a double roller door garage, privacy fencing and abundant off-street parking for multiple vehicles.
Over the last 3 years the owners have been busy!
A list of the works undertaken include:
Restumping the whole property and any joists requiring replacement were done.
New hot water.
New large gas ducted heating system.
The two new split systems are only 18 months old installed after the renovation for air con as well as heating. They are 10Kw each.
All the cosmetics, lights, kitchen, oven range hood etc and the tiling
The entire entrance veranda, electrical and lights have been completely replaced and has concrete stumps under the veranda floor now and you will see that whole section of roof is also brand new.
Most of the core electrical wiring through the roof was replaced and quite a bit throughout the house as well. All the electrical and gas compliance testing has been done as the property was tenanted and required this.
The water piping to the house underground from the meter has been replaced and nearly all the water pipes in the house were also replaced as they were original Galvanised pipes.
A good portion of the outside wall cladding and all the base boards have been replaced
Any portions of the plaster (even some areas that look “old” are actually new and were replaced in the renovation).
All the aged insulation in the roof was removed by suction, cleaned out and all new insulation installed as part of the renovation.
The owners have decided to hand the baton on, so here is your opportunity to make this property what you will, a large home, an accommodation business or whatever you have in mind (Subject to council approval of course!).
The hard work in infrastructure has been done!.
Enjoy a picnic in your own park like gardens, meander your way down the road to the Mount Dandenong Hotel for a pub meal, get a coffee and a pie from the bakery, enjoy live music at Kellys Bar or walk the trails off Ridge Road. The location is rich in lifestyle amenities and will bring a lifetime of joy to growing families.
This property truly is your piece of paradise in the hills – and only around an hour from central Melbourne – so be quick, this one won’t last!
Call Mick Dolphin 0429 684 522 or Caiti Ellis 0493 136 937 to find out more or to arrange an inspection.
Photo ID required at all our open for inspections and auctions. We may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information.
Photos may include virtual staging.
Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Mick Dolphin, First National Real Estate Ranges — reproduced as published, not verified by Districts.
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