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 › Monash Ave
$1,275,000
Last sold
27 Dec 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,185 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
$1,275,000
27 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Olinda (last 5 years) with land size have a median of $431/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
+8.1%
Median sale
Suburb $1,180,000
-0.20 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
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 31 Aug 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 1,225 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 1,225 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. 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 1,225 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 1,225 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. 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 Bell Real Estate OlindaTucked away in the heart of Olinda, within strolling distance to both Mount Dandenong and Olinda villages, this modern sanctuary rests on a lush, flat quarter acre block. Blending contemporary elegance with the peaceful pace of hills living, this custom-built brick home, just seven years young, retains its "as-new" allure. Inviting and effortlessly chic, it’s the perfect retreat for families seeking a harmonious balance of serenity and connection.
Step inside to a light-filled open plan living and meals area where natural light pours in through large windows, illuminating a high-end stone kitchen with SMEG double pyrolytic ovens, (steam oven with warming drawer), induction cooktop and a social breakfast island under pendant lights. The spacious butler’s pantry ensures every culinary tool is within easy reach, making this kitchen a dream for those who love to cook and entertain.
Enjoy lush garden glances from your spot on the sofa with a modern wood heater at the helm for cosy and quintessential hills ambiance. From here, the seamless flow takes you to the covered alfresco zone overlooking the flat and usable backyard, with open-air decking that’s perfect for gatherings or quiet mornings with coffee in hand, listening to the resident kookaburras in the native-framed garden. At sunset, the space transforms into a front-row seat for nature’s evening show, as the sky ignites with hues of gold and crimson, creating a magical backdrop for your outdoor oasis.
A dedicated cinema room awaits movie buffs with blackout drapes, a 2.8m screen, Dolby Atmos surround sound system for the most immersive sound experience and built-in cabinetry, perfect for movie nights or easily transformed into a fourth bedroom. Work from home? The custom office with stylish plantation shutters offers a built-in desk, floor-to-ceiling storage, and all the essentials for productivity.
Each of the three generous bedrooms boasts a luxe walk-in robe, with the master retreat featuring a stylish ensuite complete with a rain shower, bespoke vanity, and private deck access. The family bathroom delivers 5-star luxury to your daily routine, featuring bath couture at its finest. At its heart lies a sumptuous Apaiser stone bathtub, cocooning you in its sleek design and inviting a deep sense of tranquillity and relaxation.
A bonus studio, with power and heating, invites endless possibilities - whether you need a home office, gym, or creative retreat and practicality abounds with a double garage (with shopper’s entry), plus ample driveway parking.
Set against a backdrop of convenience - it’s an easy 5-minute stroll either way to vibrant café culture, boutique shopping and eateries. The location is rich in lifestyle amenities and will bring a lifetime of joy to the lucky new owners.
At a Glance
• 3 spacious bedrooms with walk-in robes, including master with ensuite and deck access.
• Sunlit open-plan living/meals area with high-end stone kitchen, double ovens, and butler’s pantry with sink.
• Designer bathroom vanities elevate the aesthetics of your private sanctuaries including Apaiser stone bath in the main.
• Powder room.
• Theatre room with blackout drapes and surround sound, or fourth bedroom.
• Home office with built-in desk, printer power points and ample storage.
• Covered alfresco and open-air decking overlooking lush, native gardens.
• Bonus studio with power and heating ideal as a gym/office.
• Double garage with internal access.
• Security and privacy are ensured by the fully fenced boundaries including corten steel gates.
• Large laundry with Robinhood ironing board.
• Rainwater tank connected to a garden sprinkler system.
• Solar hot water system.
• Ducted heating and evaporative cooling for seasonal comfort.
• Double glazed windows.
• Walking distance to Olinda and Mount Dandenong villages, café culture, and boutique shopping.
Listing description written by Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.