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 › Sunset Ave
$836,000
Last sold
17 Nov 2021
2
Bedrooms
1
Bathrooms
3
Car spaces
3,877 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
Last sold
$836,000
17 Nov 2021 · derived via latest_sale
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
-29.2%
Median sale
Suburb $1,180,000
+1.14 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 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.
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.
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 OlindaAn enchanting country lane setting, a magical outlook with incredible sunset views of Port Phillip Bay from the rear deck and scope to expand the current footprint create a wonderful opportunity for a young couple or family looking to settle in the magnificent Dandenong Ranges. Artists, photographers, creatives and dreamers will also find allure with this cosy abode that has been lovingly updated from a modest 70s shack to create a heart-warming contemporary haven to enjoy the hills life.
Moments from everyday essentials and the beating heart of the villages of Mount Dandenong and Olinda, yet far away from the bustle – this soul-soothing sanctuary combines convenience with a peaceful quietude. Enjoy a picnic in your own park like gardens, meander your way down the road to the Mount Dandenong Hotel for a hearty pub meal, get hot coffee and fresh bread from the bakery, enjoy live music at Kelly’s Bar or walk the trails off Ridge Road. The location is rich in lifestyle amenities and will bring a lifetime of joy to the lucky new owners.
Talking Points:
•Two robed bedrooms with garden outlooks serviced by a contemporary bathroom with frameless walk-in shower and modern European tapware.
•Cosy living area warmed by the crackling warmth of a Coonara Wood fire – an inviting space to curl up with your favourite book pinot in hand!
•Preparing meals in the chic updated kitchen with stone-look benches that contrast with crisp white cabinetry and vibrant red splash back. A bespoke breakfast bench makes a bold statement.
•A sun-kissed study is a comfortable nook to embrace the work from home trend and extends to a sunroom which is a wonderful retreat to take in the landscape.
•A meals zone spills to a stunning wrap deck affording 360-degree views of towering, treed vistas that frame the dreamy bay outlook. Inviting full sun and shade throughout the day, you can enjoy breakfast with the birds and summer barbeques with friends and family fully immersed in the forested setting. A built-in bird feeding ledge makes for wonderful up close and personal experiences with the kookaburras, king parrots, cockatoos, rosellas and lorikeets as you enjoy a morning brew.
•Lush, landscaped gardens off the deck feature sculptures, ferns, flowering plants and a tranquil pond water feature – a place for peace and pottering!
•The gently sloping block has been terraced in parts with curated flat spaces for children’s play equipment, a basketball court or a studio should you require extra living space.
•The breathtaking gardens showcase flowering trees and plants in glorious full bloom including camellia trees, verdant ferns and a lemon tree for your G&T. A magnificent tricoloured beech tree makes a welcoming introduction.
•A single garage comes with a heavy work bench and some built-in shelving but has fabulous scope for conversion into additional bedroom/living space if required. Just imagine French doors opening to a rear deck and private garden oasis!
•A large carport can easily fit two cars or a boat/trailer. Whilst we’re dreaming – enclose the carport and create a garage or separate studio/unit/home office with unrestricted access to driveway.
•Extras include new Kaden Kun020 ducted heating unit, newly installed energy efficient Mitsubishi 5KW inverter split system (in lounge area for heating/cooling), freshly painted interiors and modern Euro style laundry.
Insider’s Secret:
Partial ownership of the adjoining forest (beyond a shared neighbourhood fire break) invites wildlife into the just under an acre backyard with lyrebirds and local deer an enchanting site.
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.
Listing description written by Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.