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VIC › Olinda › Warwick Farm Rd

22 Warwick Farm Rd, Olinda VIC 3788

House

$1,830,000

Last sold

17 Feb 2023

4

Bedrooms

2

Bathrooms

9

Car spaces

21,043.653 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 $1,830,000 (17 Feb 2023).(Recorded sale)
  • FactLand 21,044 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 ZONE - SCHEDULE 2 (GWZ2) 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)
  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 intersects 95.5% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactEROSION MANAGEMENT OVERLAY intersects 59.1% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactEROSION MANAGEMENT OVERLAY - SCHEDULE 3 intersects 9.8% 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. 3ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 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. 5EROSION MANAGEMENT OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  6. 6No 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

$1,830,000

17 Feb 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

+55.1%

Median sale

Suburb $1,180,000

-0.98 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 ZONE - SCHEDULE 2

GWZ2

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: 1627673

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

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

  1. Sold$1,830,00017 Feb 2023
  2. Listedprice unknowncompleted9 Feb 2023
  3. Listedprice unknowncompleted9 Feb 2023

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 ZONE - SCHEDULE 2 · GWZ2 (ZN). Official parcel area about 20,913 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 20,913 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; EROSION 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 ZONE - SCHEDULE 2 · GWZ2 (ZN). Official parcel area about 20,913 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 20,913 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; EROSION 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 Warwick Farm Rd →

Listing material

Listed by Bell Real Estate Olinda

Dream Lifestyle on 5.2 Acres with Huge Workshop + Home Office + Income Producing Potential

Offering an unparalleled lifestyle in one of Olinda’s most exclusive pockets, this heavenly hills residence on an alluring parcel of boutique acreage is laid out for harmonious family living across multiple levels ensuring there is room for everyone…and every need. Delivering a beautiful setting for an outdoorsy childhood and a haven for teenagers and young adults with its separation of spaces and indoor/outdoor entertaining areas, relish the peace and privacy of a beautifully renovated sanctuary immersed in a nature wonderland where 5.2 acres are backdropped by a spectacular forest outlook with filtered sunsets along with valley views and the rising sun from its frontage.

Thoughtfully tailored to provide a versatile family format and the rare ability to operate a home business or have a lavish workshop space plus self-contained BnB potential with dual driveway access, this magnificent home has distinct wow factor.

The split-level interior is breathtakingly beautiful to look at and relaxing to live in and has been extensively renovated and reimagined over the years with flexible spaces. Picturesque, postcard views can be enjoyed as “live art” from most rooms of the home, either through the valley or across the sweeping lawns.

Read the full description

Catching your eye for all the right reasons, the provincial style Blackwood kitchen boasts country sink, stainless-steel Miele and Bosch appliances, and a walk-in pantry. Unfolding to a light-filled meals zone and adjoining family room with stunning mountain ash floors underfoot, you can enjoy spectacular views from your spot on the sofa as you relax by the Coonara wood fire.

In the warmer months step out to the sunny days merbau deck and enjoy brunch overlooking the breathtaking parklike gardens with occasional wallabies, deer and the cackle of the kookaburras often accompanying you. At sunset the sky is ablaze with colour, perfect for wine o’clock. On the lower level, a second living/rumpus zone with bar creates a space for the teens, movie nights or pool table challenges flowing to a gorgeous all-season terrace enriching the indoor/outdoor lifestyle experience.

Start every day the right way in the upstairs master suite, as you enjoy the glow of the morning sun as it rises above the valley. Complemented by a bespoke timber headboard, a bank of closets, refreshed ensuite with bathtub and elegant spotted gum floors you can also enjoy a morning brew from your private balcony overlooking the gardens. One big bedroom adorned with plantation shutters and yet another private balcony can also be configured as a retreat/library/home office while the remaining two bedrooms (or one with study) are conveniently located in a separate wing alongside the main bathroom with rain shower showcasing garden views.

Conveniently, the minor bedroom wing can be closed off and, in the past, has operated as an Airbnb space with a contemporary kitchen, bathroom and a living zone with deck access and wood fire adding to the allure. The ideal space for multigenerational families, guests or income providing business.

Complementing the double garage under the roofline is an enormous 8m x 11.9m dual-storey workshop with a home office or large living space above. Providing plenty of options for collectors, tinkerers, somewhere to store the boy's toys or space for the gear for the home-based tradie, it can also be a fabulous hang out for the teens or explore the options of adding a bathroom/kitchen (STCA). There really is nothing like this in the hills!

At a Glance:

• Four-bedroom, two-bathroom house on 5.2 acres with multigenerational, Airbnb or workshop/home business potential.

• Private and exclusive no-through road.

• Twin sealed driveways – one leading to garage and workshop.

• Self-contained zone with two bedrooms and a wood fire, living/kitchen, bathroom and private gardens with own entrance.

• A bevy of wood fires (family room, self-contained zone and living/office above the workshop).

• Mains gas ducted heating and Daikin refrigerated air conditioning for seasonal comfort.

• Lower-level laundry, toilet and garage access.

• Remote double garage with internal entry to laundry and under house access.

• Huge 8m x 11.9m dual level workshop plus home office/living.

• Chic laundry with drying cupboard.

• Tranquil pond with water feature at the entrance.

• Rainwater tanks (approx 60,000L)

• Ducted vacuum.

• Surrounded by parklike mature landscaped gardens, gentle rolling lawns and an acre of natural bush.

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

  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Floorboards
  • Remote Garage
  • Toilets: 3
  • Vacuum System
  • Water Tank
  • 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.