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 › Woolrich Rd
$2,350,000
Last sold
19 Dec 2023
7
Bedrooms
6
Bathrooms
2
Car spaces
19,424.911 m²
Land
Districts View
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
$2,350,000
19 Dec 2023 · 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
+99.2%
Median sale
Suburb $1,180,000
-1.38 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 scheme
ZN
Zone
GREEN WEDGE A ZONE - SCHEDULE 2
GWAZ2
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GREEN WEDGE A ZONE - SCHEDULE 2 · GWAZ2 (ZN). Official parcel area about 19,499 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 19,499 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; HERITAGE OVERLAY (HO282); EROSION MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; 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
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. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
Official parcel about 19,499 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; HERITAGE OVERLAY (HO282); EROSION MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; EROSION MANAGEMENT OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GREEN WEDGE A ZONE - SCHEDULE 2 · GWAZ2 (ZN). Official parcel area about 19,499 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 19,499 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; HERITAGE OVERLAY (HO282); EROSION MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 OlindaImbuing an undeniable feeling of seclusion and privacy, this sublimely renovated historic hills home melds timeless aesthetics with designer style and contemporary comfort and is now ready for the next custodian of its important legacy. Cocooned within a stunning almost 5-acre garden wonderland, this marvel of architecture boasts a warm, organic palette with bursts of muted colour to complement the surrounding landscape with a symphony of living spaces spread over three glorious levels.
Meticulously updated yet retaining its historic essence, this grand estate is a beacon of tranquillity that destines you for the best in privacy, serenity, and mother nature's company. A home ideal for large, growing, or multigenerational families who love to entertain as much as they love to hide away, the property will also appeal to those after an income producing BnB or short stay accommodation opportunity. Embrace the comforting silence, bask in the scents of the season, and savour a lifestyle that promises both discretion and connection.
Celebrate the union of families within the broad dining room or entertain friends in the sweeping fireside lounge gracefully adorned by cathedral ceilings with exposed beams and the cosy allure of dual day beds.
An expression of culinary art and a place to gather over a platter, the devol inspired kitchen showcases a deluxe Lacanche cooker, quartz stone island with bench seating and banks of stunning cabinetry accented by gold.
Feast your eyes on awe-inspiring panoramas from each of the multiple decks and verandas that punctuate the property presenting the perfect canvas for sunrise coffee rituals, sunset wine toasts, or simply soaking in nature's theatre at its finest. From the top floor deck and adjoining sunroom, the dreamy view even extends all the way to Mt Baw Baw.
The master suite headlines the four bedrooms - a personal haven that pampers you with its plush ensuite, leadlight accents and unparalleled views through floor to ceiling windows. Retreat to your private enclave after a long day and indulge in the solitude.
The experience of this very special home is enhanced by a chic study nook, an upstairs retreat/sunroom, a charming family bathroom with deep soak bath and abundant storage. This distinctive residence also boasts an alluring 1-bedroom retreat overlooking the Woolrich Woodlands, complete with its own private entrance, 2 flexible living zones, bathroom and kitchenette, it is perfect for the in-laws, home-office/business, gym, rumpus or luxurious guest accommodation.
The cherry on top is an idyllic 2-bedroom, 3-bathroom art-deco garden cottage, creating boundless potential for a BnB business, generating supplementary income, or a private escape for larger multigenerational families or long-staying friends. This enchanting abode features beautiful high ceilings, fretwork, hardwood floors, leadlight accents, an open fireplace, full kitchen, a secluded deck providing views across the stunning gardens to the hills beyond, off-street parking for 2 cars, and a 4-person Jacuzzi.
Step outside and allow your senses to be captivated by the symphony of nature that surrounds this hills sanctuary. Wander through the stirring paths meandering through beautifully mature woodlands and discover hidden surprises like an exotic azalea maze established in 1923, a whimsical dell, and if you're lucky, a frolicking lyrebird. Laced with rare century old trees, cool rhododendron woods and bursts of seasonal colours, the grounds attract a host of wildlife and evoke a poetic ambience that complements the vintage allure of this prominent property.
This significant and stately holding embodies hills living at its finest whilst only being a short 2-minute drive to Olinda Village.
Talking Points:
• Circa 1900 historic hills home on almost 5 acres - the original homestead of Hill pioneers Ted and Iris Woolrich.
• Abutting the iconic Cloudehill Gardens and overlooking the grounds of Rangeview Gardens.
• The property includes both a 4-bedroom, 2-bathroom sublimely renovated residence with a one-bedroom, one-bathroom retreat perfect for extended family or business ventures.
• The bonus of a well-established 4 ½ star B&B within a 2-bedroom, 3-bathroom garden cottage offering income generating potential.
• Off-street parking.
• Walk to the R.J. Hamer Arboretum and The Woolrich Lookout, 1.7km to Olinda Village, 4km to Monbulk Township, 12-minute walk to Olinda Playspace.
• Split system air-conditioning for seasonal comfort.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and 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 Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.
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