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VIC › Olinda › Upper Coonara Rd

20 Upper Coonara Rd, Olinda VIC 3788

House

$1,195,000

Last sold

6 Nov 2025

4

Bedrooms

2

Bathrooms

2

Car spaces

2,124 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,195,000 (6 Nov 2025).(Recorded sale)
  • FactLand 2,124 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Olinda (last 5 years) with land size: median $431/m² of land (n=80). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GREEN WEDGE A ZONE - SCHEDULE 1 (GWAZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactEROSION MANAGEMENT OVERLAY - SCHEDULE 3 intersects 6.7% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3EROSION MANAGEMENT OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,195,000

6 Nov 2025 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

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.

See the full Olinda report →

Vs Olinda

+1.3%

Median sale

Suburb $1,180,000

-0.03 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 and development

Planning scheme

ZN

Zone

GREEN WEDGE A ZONE - SCHEDULE 1

GWAZ1

Jurisdiction

Yarra Ranges

Yarra Ranges, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1627279

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Detected — official

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

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202020232025$940k$1.2m
  • Sold (recorded)
  1. Sold$1,195,0006 Nov 2025
  2. Listedprice unknowncompleted20 Oct 2025
  3. Listedprice unknowncompleted20 Oct 2025
  4. Sold$940,00011 Dec 2020
  5. Listedprice unknowncompleted26 Nov 2020
  6. Listedprice unknowncompleted26 Nov 2020

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 2,127 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.

What could kill that thesis?

Confidence: low

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 2,127 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY - SCHEDULE 3. 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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 2,127 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 2,127 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Olinda in one glance

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.

See the full Olinda report →

Keep researching

  • Why Olinda? Read the area thesis →
  • What else is on the market in Olinda →
  • Other records on Upper Coonara Rd →

Listing material

Listed by First National Real Estate Ranges

Breathtaking Views. Hills Living at its Finest. ½ acre of Botanical Bliss.

When searching for the perfect home in the beautiful Dandenong Ranges, nothing quite stirs the emotions more than classic period style with that quintessential Australian verandah. Add to that awe-inspiring views and a garden sanctuary to call your own, you know 20 Upper Coonara Road in Olinda is somewhere you would like to be.

The Residence….

Flowing easily between indoors and out, the living spaces are positioned in key areas to showcase the view of the distant Warburton Ranges and the everchanging palette of colours in the garden. The chef’s kitchen is impressive with Belling dual oven and grill, butlers sink and on trend white cabinetry with timber bench tops. Blessed with morning sunshine this open plan focal point of the home is sure to be a favourite area. When it’s time to retire in comfort there are 4 robed bedrooms, the main with spa ensuite and WIR. Creature comforts of wood fire, gas ducted heating and evaporative cooling are included.

Read the full description

Outdoors….

Set amongst Rhododendrons, Camellias, Maples and much more the gardens are a joy of discovery through the seasons, the home sits perfectly amongst them. There is a veggie patch, sit in your big wicker chair with a great book and feast on fresh raspberries. Also, a worm farm, compost and wood store. Car accommodation is well catered for in a double garage, with additional workshop and plenty of off-street parking. There is also secure fencing for your four legged family.

Location.…..

Ideally situated within 5 minutes of Olinda, Monbulk or Kallista, your choice of cafes, restaurants, walks, and rides are endless. You have easy access to bus connections, CBD rail services at Belgrave and many options to link you to Eastlink and the M1.

Imagine living here away from the hustle and bustle of the crowds and enjoying quiet surrounds in a beautiful part of Melbourne. We look forward to showing you through. Call Mick Dolphin 0429 684 522 or Emily Hudson 0418 570 474.

https://www.consumer.vic.gov.au/duediligencechecklist

Please note: All property details listed were current at the time of publishing.

Currently able to be viewed By Private Appointment, please click the below link to arrange a suitable time.

https://calendly.com/mickdrfn/20-upper-coonara-road-olinda-inspection

If no times are showing as available for an inspection please submit an enquiry and be patient for a reply from the listing agent. This property has experienced a huge amount of interest and bookings limited. Thank you

Listing description written by Mick Dolphin, First National Real Estate Ranges — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Floorboards
  • Remote Garage
  • Shed
  • Toilets: 2
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.