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.
$2,900,000–$3,150,000
For sale
Asking range
6
Bedrooms
4
Bathrooms
4
Car spaces
20,000 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$2,900,000–$3,150,000
Asking range · $145/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Olinda (last 5 years) with land size have a median of $441/m² of land (n=81). 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
+145.8%
Median sale
Suburb $1,180,000
-1.64 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.
Based on the low end of the asking range, not a contract price.
$175,814 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Olinda's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
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.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
Gross yield if leased at the suburb aggregate is 1.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 OlindaINSPECTION BY APPOINTMENT ONLY
Carrying a quiet sense of legacy and set across five breathtaking acres opposite the National Rhododendron Gardens, this private century-old estate in the heart of the Dandenong Ranges is a place where history lingers among the trees and every path leads to something quietly magical.
Once home to “The Georgian” guesthouse circa 1920 - celebrated as one of the most charming stays in the Blue Dandenongs - the property has since been thoughtfully reimagined following its loss to fire in 1965. Today, it presents a rare opportunity to steward a piece of local history, with two beautifully renovated residences, studios and outbuildings set within botanically significant gardens more than a century in the making.
Beyond the remote-controlled gates, meandering stone paths draw you deeper into the landscape. The gardens unfold like a series of outdoor rooms - sweeping lawns, ancient rhododendrons and azaleas, a magnificent tulip tree (believed to be one of Australia's oldest), and Edna Walling-inspired stonework weaving quiet structure through the softness. Spruce, silver birch and elm rise above layered plantings - just a glimpse of this extraordinary botanical tapestry.
The main residence sits effortlessly within its surroundings, designed to honour the land while embracing light and garden at every turn. Double-glazed windows frame greenery throughout, while interiors reveal a beautifully eclectic palette of reclaimed timbers, recycled materials and handcrafted finishes - each piece carrying its own story.
The main lounge is captivating - double-height timber-lined ceilings rising above a custom copper fireplace, with expansive glazing drawing the eye across the south lawn. A space for gathering, unwinding and watching the light and seasons shift.
At its heart, the kitchen, living and meals zone hums with warmth and connection. Timber floors glow beneath skylights, while a breakfast nook invites slow mornings. A generous walk-in pantry and bespoke reclaimed cabinetry sit alongside an antique island workbench and a showpiece dual-fuel cast iron AGA - equal parts function and conversation piece.
The adjoining dining space, warmed by a Coonara wood-fired heater, flows outward via bi-folds to a north-facing semi-covered deck with louvred roof and hot tub - where indoor and outdoor living become one.
Accommodation includes three light-filled bedrooms, with a serene main suite featuring expansive robes and a rustic ensuite centred around a clawfoot bath. The main bathroom leans subtly art deco, with a pedestal basin and chandelier adding a touch of quiet glamour.
Privately positioned, the second residence – an inspiring conversion of the original stables - offers open plan living with wood fire and garden outlooks, ideal for guests, extended family or boutique rental.
Additional spaces include a beautifully repurposed former pump house studio with fully tiled bathroom and kitchenette, along with a second separate studio - perfect for creative pursuits, working from home or wellness use.
A labour of love and a true highlight, the former tennis court has been reimagined as a thriving edible garden, with fruit trees, berry patches, vegetable beds and fragrant lavender and rosemary borders alongside a greenhouse - offering a gentle, almost Provençal rhythm of year-round harvests and the simple pleasure of growing your own.
And yet, despite its seclusion, cafés, village life and walking trails remain moments away. This is more than a home. It’s a living landscape - rich in history, layered in beauty, and ready for its next custodian.
At a glance:
- Rare five-acre private estate with flat, north-facing century-old botanical gardens
- Historic site of former 1920s “The Georgian” guesthouse
- Two residences including a light-filled main home and separate converted stables dwelling
- Main residence with eclectic interiors featuring reclaimed timbers and handcrafted materials
- Three bedrooms including main with ensuite and clawfoot bath
- Second residence ideal for multigenerational living or guest accommodation
- Two studios – one with bathroom and kitchenette
- Edible garden with fruit trees, vegetable beds & greenhouse
- Multiple outdoor “garden rooms”, lawns, sculptures and sitting areas
- Double garage with internal access, ample shedding & storage including wine cellar
- Hydronic heating, double glazing, security alarm system
- Dual gated access including secondary iron gate entry
- Positioned opposite the National Rhododendron Gardens & moments to Olinda Village
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Zac Bell, Bell Real Estate Olinda — reproduced as published, not verified by Districts.