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 › Broompark Cres
$1,315,000
Last sold
31 Mar 2022
4
Bedrooms
2
Bathrooms
3
Car spaces
9,897 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
$1,315,000
31 Mar 2022 · 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
+11.4%
Median sale
Suburb $1,180,000
-0.28 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 Olinda**PLEASE EMAIL AGENTS FOR ALL ENQUIRIES*
This hidden hills sanctuary promises a peaceful existence for families seeking a change of pace and a pony or two. Set in a whisper-quiet, no through crescent, where privacy and solitude are in abundance – the only peak hour rush you will experience is when the postie does his rounds. Set on 2.4 glorious acres which includes a fully fenced clear paddock (unheard of in the hills), this wonderfully cathartic split-level residence is a true lifestyle opportunity. Striking gardens that encourage meandering, daydreaming, pottering or a spot of yoga wrap the house awash with Japanese Maples, Camellias, Rhododendron Trees, Azaleas and Hydrangeas before stepping into a heart-warming abode defined by raked ceilings and glorious floor to ceiling windows that frame dreamy panoramic views.
Whether it’s lazing around the sparkling pool, relaxing in the outdoor spa, entertaining on the expansive deck or in one of several alfresco zones – the magical outdoor spaces offer something for everyone. The best part… you can be connected to community or wholly undisturbed, depending on your mood.
Talking Points:
•Classic timber kitchen well equipped with a brand-new stainless-steel dishwasher.
•Family/meals over timeless slate tiles with a hexagon meals zone ready for family feasts.
•Perfectly placed back deck for vast entertaining or that morning cuppa as you watch the misty clouds roll in over the paddock.
•Enchanting lounge with hills essential wood fire for cosy warmth and thoughtfully designed built-in cabinetry and storage.
•Master retreat with ensuite, walk-in robe, TV nook and deluxe carpet adding instant warmth and luxury. Awaken to stunning easterly vistas that welcome the morning sun.
•Find bedrooms two and three up a level, the southern with moon-dipping views through clerestory windows with easy access to the handy two-way main bathroom complete with heated towel rail and an anti-fog mirror.
•Dedicated study or fourth bedroom with two additional study nook areas to cater for the work from home trend.
•Enjoy summers in the shade as you indulge in an outdoor spa or cool off in the sparkling pool.
•Stone pathways weave in and out of the verdant gardens with the terraced grounds dotted with alcoves to retreat to with a morning brew and lush nooks to nurture and potter among the stunning natives and mature Japanese maples, ornamental trees and shrubs.
•Delve into self-sufficiency with defined veggie patches, herb gardens, fruit trees and fresh eggs from the chooks.
•Be enchanted by the resident wombat, lyrebird, echidna or kookaburras as they scuttle through the shrubbery and enjoy the melody of birdsong throughout the day.
•Ample car accommodation with a 2-3 car garage with remote door.
•A second driveway at the entrance is ideal for housing a caravan or boat and there’s rear access for a ride on mower or a trailer via a gateway.
•Two potting areas for the keen gardener.
•Fully fenced cleared paddock for horses, alpacas or an orchard with three animal shelters/loose boxes.
•Extras include hydronic heating, ducted heating, refrigerated cooling and split system for seasonal comfort, an abundance of house storage, security cameras and back to base alarm system along with sensor lights and a large storage/woodshed.
Insider’s Secret: Watch the fire flames dance on the main bedroom ceiling as you are lulled to sleep in the master retreat.
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.