Monbulk at a glance
3,669
People
$904,750
Median sale
$606/wk
Median rent
3.48%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
VIC › Monbulk › Olinda Monbulk Rd
$880,000
Last sold
18 Mar 2022
4
Bedrooms
2
Bathrooms
1
Car spaces
1,067 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
$880,000
18 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Monbulk (last 5 years) with land size have a median of $583/m² of land (n=127). Districts calculation from recorded sales — not a valuation.
Monbulk at a glance
3,669
People
$904,750
Median sale
$606/wk
Median rent
3.48%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Monbulk
-2.7%
Median sale
Suburb $904,750
+0.10 pp
Gross yield
Suburb 3.48%
Suburb median $904,750 from 30 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 $606/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
Monbulk at a glance
3,669
People
$904,750
Median sale
$606/wk
Median rent
3.48%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate OlindaEncompassing picturesque valley vistas this inspiring split-level weatherboard embraces privacy and tranquillity and has been transformed into a contemporary sanctuary in the past two years on an undulating 1066m2 allotment. Lofty raked ceilings and exposed beams canopy the open-plan living area, whilst the hybrid flooring is enhanced by natural light and high-pitched clerestory windows. As the sun sets through the verdant gums, there’s no better place to be than on the expansive deck, before retreating to the cosiness of the crackling Coonara wood fire.
The floorplan has been cleverly designed to maximise communal space, with separate zoned sleeping quarters and a home office/play space offering a flexible option depending on your lifestyle needs. The location adds further allure with the peace and seclusion complemented by the urban convenience of nearby Monbulk including Aldi, Woolworths, deli, medical centre, gyms, cafes, restaurants, Monbulk Primary School and the Aquatic Centre all a 2-minute drive away or an easy fresh-air walk. Olinda and Kallista villages are also just a short drive away.
Talking Points:
•A functional layout incorporates three generously proportioned bedrooms on the upper level with the option of a fourth bedroom/study/living and an open study nook for those who work from home.
•The master suite boasts an ensuite with a large sliding door wardrobe and the bonus of a bath for when mum wants time out whilst the minor bedrooms share a family bathroom with earthy slate floors.
•Step down to the heart of the home where you will find the expansive kitchen, family and dining domain with a beautiful Coonara fireplace as a centrepiece.
•The contemporary kitchen is a showstopper with a Fisher and Paykel integrated dishwasher and Miele oven for your convenience. Finished with glossy stone bench tops, long breakfast bar for your morning brew and a deluxe Butler’s pantry to keep life clutter free, it also offers a stunning outlook from the kitchen sink as you meal-prep.
•A house-wide deck unfolds from the living area for brilliant entertaining, alfresco dining or simply enjoying the magical views accompanied by birdsong.
•The stunning gardens offer a flat play area to enjoy the sunshine and many opportunities to meander through a kaleidoscope of greenery defined by expansive rock wall with plenty of nooks to sit, relax or read a chapter surrounded by tree ferns and gums.
•Additional features include off-street parking, split system, under house storage, new flooring, freshly painted interiors and rainwater tank.
Local Secret: The surrounding hills are alive with walking tracks and gardens to meander among and there are multiple cafes and restaurants dotting the ranges. The “local” Watering Hole and Tavern is only 1.2km away and serves delicious pub classics such as parmas and wood fired pizza.
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.