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 › Thomson Ave
$828,000
Last sold
17 Oct 2020
3
Bedrooms
2
Bathrooms
4
Car spaces
2,344 m²
Land
157 m²
Building
Districts View
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
$828,000
17 Oct 2020 · derived via latest_sale
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
-29.8%
Median sale
Suburb $1,180,000
+1.18 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 OlindaSecluded in a tranquil, leafy setting, behind a gated entrance, this character brick home with two street frontages, is enhanced by an abundance of native and exotic plantings that line meandering pathways. They form garden nooks on this half acre block that captures the essence of hills living.
A warm sense of home is evident as you enter this loved property, carefully maintained by the current owners. The family room with bay windows, inviting nature indoors, and opens up to the kitchen, functional and fresh in whites and encasing stainless steel appliances. The 80’s architectural brick home offers light and space with the mezzanine overlooking the lounge and dining area. The living room is connected to the expansive covered deck by floor to ceiling windows, extending the entertaining space and capturing valley views. A studio, ideal for a home office, or 4th bedroom, is situated at the end of the deck, a room to escape for quiet time.
The three double bedrooms are perfectly placed with the master on the ground level. The master bedroom, with ensuite, has a wall of mirrors that reflects the garden, creating a restful space. The open stairway and cathedral ceilings lead upstairs to the second and third bedrooms with ample robe storage, skylight and windows ensuring natural light fills the rooms. A renovated family bathroom is ideally situated between the two bedrooms. The natural timbers and earthy tones are complimented by a neutral color palette.
Externally, a paved patio area is defined by an ancient Monsteria plant climbing the double garage wall, adjacent to the sealed driveway, allowing ample parking. A lichgate frames a pathway to the second garage and side entrance, ideal for trailers, caravan or boat storage. The fully fenced private parcel of land is a pleasure to roam, with flat lawn areas for kids to play and an established garden with a hive of bees currently enjoying the spring season. Flowering natives entice the birdlife and make this property an enviable lifestyle, a place to enjoy nature and the hills community we all love. A delightful property ………
Inclusions: Gas ducted heating, woodheater, split systems, dishwasher, hardwood polished flooring, quality carpets, window furnishings, small water tanks, wood shed.
Private inspections are back!
The details you need to know:
• Buyers can travel outside their 5km radius for a total of 2 hours to attend a pre-arranged Private Inspection but remember if you are from Melbourne you can’t travel to properties located in regional Victoria
• Inspections are limited to 15 minutes
• A Buyer can be accompanied by one other person, either from their household or their partner or with their children (under 18 years) if there are no alternative care arrangements available.
• Attendees must wear a face mask for the entire inspection
• All physical distancing and hygiene requirements remain including the use of hand sanitizer on arrival at the inspection
• All people attending the inspection will have their details recorded for contact tracing purposes
Please contact us to arrange your private inspection as we continue to serve our community and provide a safe environment for all our clients.
Listing description written by Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.