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VIC › Mount Evelyn › Olinda Rd

23 Olinda Rd, Mount Evelyn VIC 3796

House

$903,000

Last sold

7 Mar 2026

3

Bedrooms

1

Bathrooms

2

Car spaces

1,203 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 $903,000 (7 Mar 2026).(Recorded sale)
  • FactLand 1,203 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mount Evelyn (last 5 years) with land size: median $824/m² of land (n=94). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned LOW DENSITY RESIDENTIAL ZONE (LDRZ) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22 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)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22 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. 3No 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

$903,000

7 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in Mount Evelyn (last 5 years) with land size have a median of $824/m² of land (n=94). Districts calculation from recorded sales — not a valuation.

Mount Evelyn at a glance

10,065

People

$894,000

Median sale

$574/wk

Median rent

3.34%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Evelyn report →

Vs Mount Evelyn

+1.0%

Median sale

Suburb $894,000

-0.03 pp

Gross yield

Suburb 3.34%

Suburb median $894,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

LOW DENSITY RESIDENTIAL ZONE

LDRZ

Jurisdiction

Yarra Ranges

Yarra Ranges, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1350898

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

  1. Sold$903,0007 Mar 2026
  2. Listedprice unknowncompleted22 Feb 2026
  3. Listedprice unknowncompleted22 Feb 2026

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 LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,205 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 1,205 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22; BUSHFIRE MANAGEMENT OVERLAY. 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 $574/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 LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,205 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 1,205 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22; BUSHFIRE MANAGEMENT OVERLAY. 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

Mount Evelyn in one glance

Mount Evelyn at a glance

10,065

People

$894,000

Median sale

$574/wk

Median rent

3.34%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Evelyn report →

Keep researching

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

Listing material

Listed by Bell Real Estate Montrose

Timeless Character, Big Block & Future Potential in a Quiet Foothills Setting

Quietly nestled in the Quinn Nature Reserve estate, this much-loved Mount Evelyn home tells a story you can feel the moment you arrive. Built in the 1960s and lovingly extended as the family grew, it’s a place shaped by decades of everyday moments, Sunday lunches, garden cuttings swapped with neighbours, and kids growing into adults. Set on almost 1/3 acre (approx. 1203m²) in a low-traffic no-through road, it offers that increasingly rare combination of peace, space, and genuine potential.

From the shady front porch, you look out across gardens that have been nurtured slowly and thoughtfully over time. A graceful weeping elm anchors the view, while the sense of calm is punctuated only by birdsong drifting in from the nearby reserve. Step inside and you’ll find polished timber floors, high ceilings, and ornate cornices that quietly honour the home’s era.

The lounge is a particularly special space, with dual-aspect windows framing established greenery and a modern inbuilt wood fire creating a natural gathering point. Its reclaimed timber mantel, more than a century old, adds warmth and history, while the manganese brick hearth grounds the room beautifully. Nearby, the kitchen overlooks the living and meals area and is comfortably functional, with a gas cooktop and electric oven ready to support family life now, with clear scope to modernise when inspiration strikes.

Read the full description

The layout is wonderfully family-friendly. The main bedroom sits on the ground floor with floor-to-ceiling robes, while upstairs two additional bedrooms share a second living zone with leafy hill views, ideal for kids, teens, or a quiet retreat. A bathroom and powder room are thoughtfully positioned between levels, making daily routines easy and adaptable.

Outside, the backyard feels like a blank canvas with benefits. Fruit trees including lemon, fig, nectarine, peach and apple promise seasonal rewards, while smoke bush, sunburst and Robinia add colour and structure. There’s space here for cricket games, veggie patches, future extensions (STCA) or simply letting the grass grow under bare feet.

Practicality hasn’t been overlooked either. A single carport, single garage, abundant off-street parking, side access for trailers or a ride-on mower, and a versatile storage room adjoining the garage offer flexibility for tinkerers, hobbyists, or growing families. Add ducted heating, wall air-conditioning and ceiling fans, and you have a home that’s comfortable now, with exciting potential ahead.

Best of all, Quinn Nature Reserve is an easy walk away, inviting weekend wanderings among manna gums, fungi, kookaburras and fairy wrens. Yet cafés, schools, transport and Mount Evelyn’s vibrant village are only minutes from your door. This is a home ready for its next chapter, written at your pace.

At a Glance:

• One-owner weatherboard home since the 1960s, lovingly built and extended

• Approx. 1203m² (almost 1/3 acre) in a quiet no-through road

• Quinn Nature Reserve estate location

• Polished timber floors, high ceilings, ornate cornices

• Lounge with dual-aspect windows and inbuilt wood fire with reclaimed timber mantel

• Kitchen with gas cooktop and electric oven overlooking living/meals

• Three robed bedrooms with excellent separation, plus two living areas

• Main with floor to ceiling, wall to wall robes

• Skylit bathroom with spa bath and powder room between levels

• Second toilet off laundry

• Huge rear yard with fruit trees and original shed

• Shady front porch with established gardens and weeping elm, maples, camellias etc

• Single carport, single garage, side access and abundant off-street parking including space for caravan/boat/trailer

• Large storage/workshop space adjoining garage

• Ducted heating, wall air-conditioning and ceiling fans

• Walk to Quinn Nature Reserve, minutes to Mount Evelyn township, schools and transport

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 Allan Dowdell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
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.