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VIC › Olinda › Woolrich Rd

20 Woolrich Rd, Olinda VIC 3788

House

$2,350,000

Last sold

19 Dec 2023

7

Bedrooms

6

Bathrooms

2

Car spaces

19,424.911 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 $2,350,000 (19 Dec 2023).(Recorded sale)
  • FactLand 19,425 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Olinda (last 5 years) with land size: median $445/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 2 (GWAZ2) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactHERITAGE OVERLAY (HO282) intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactEROSION MANAGEMENT OVERLAY intersects 98.6% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 intersects 65.3% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactEROSION MANAGEMENT OVERLAY - SCHEDULE 3 intersects 0.5% of this parcel.(Vicmap Planning · 1 Sept 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. 3HERITAGE OVERLAY (HO282) affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4EROSION MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  5. 5ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  6. 6EROSION MANAGEMENT OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  7. 7No 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

$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.

See the full Olinda report →

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 and development

Planning scheme

ZN

Zone

GREEN WEDGE A ZONE - SCHEDULE 2

GWAZ2

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: 1 Sept 2026
  • Version: 1
  • Parcel: 1361255

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 1 Sept 2026). Verify the extent against the title before relying on unaffected land.

Heritage

Detected — official

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

Property history

  1. Sold$2,350,00019 Dec 2023
  2. Listedprice unknowncompleted5 Oct 2023
  3. Listedprice unknowncompleted5 Oct 2023
  4. Soldprice unknown25 May 2020
  5. Listedprice unknowncompleted14 Nov 2019
  6. Listedprice unknowncompleted14 Nov 2019

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 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.

What could kill that thesis?

Confidence: medium

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

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. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.

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

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.

Read more

Nearby competing dwellings and net yield are still unknown.

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 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

    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?

    Knownmedium

    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.

  • 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 Woolrich Rd →

Listing material

Listed by Bell Real Estate Olinda

Multigenerational Family Estate Circa 1900 or Business Opportunity Steeped in Iconic Hills History

Imbuing 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.

Read the full description

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.

Property features

  • Alarm System
  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Floorboards
  • Indoor Spa
  • Living Areas: 1
  • Toilets: 5

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Districts

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

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