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 › Monash Ave
8
Bedrooms
7
Bathrooms
5
Car spaces
4,471 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Olinda (last 5 years) with land size have a median of $441/m² of land (n=81). 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.
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 $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.
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
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 Ray White Ferntree GullyTHE PROPERTY
Quietly set towards the rear of 4,470sqm (approx.) of tranquil landscape at the end of a long, serene driveway rich with native plant life, this exquisitely crafted family home showcases pronounced dimensions and is enviably positioned just walking distance from the Olinda township. Nestled at the heart of the property, the main residence welcomes with a vast family precinct warmed by the crackle of the charming fireplace and effortlessly spills out to the free-flowing stone kitchen & meals. Upstairs the expansive living zone is set over sleek hardwood timber flooring where double sliding doors reveal a wonderous treetop balcony. Spanning both light-filled levels, the impressive 8-bedroom, 7-bathroom configuration effortlessly caters to even the largest of families. Sitting separately to the main residence, the property also includes a fully self-contained, self-sufficient one-bedroom cottage residence providing a wealth of opportunities for the home's new owner.
THE MAIN RESIDENCE
• Astonishing family home featuring seven sizable bedrooms and six sparkling bathrooms
• Wall-to-wall stone countertops, glass splash backs & SS appliances complete the charming central kitchen
• Master bedrooms offers sizable walk-in robe, sparkling en-suite, roomy sitting area & private balcony
• Six further bedrooms feature a combination of lush en-suites, BIR & WIR storage and private balcony access
• Two main bathrooms, one on each level, feature shower, bath and vanity amenities
• Dedicated study nook perfect for those required to work or study from home
• Impressive 4,470sqm (approx.) allotment
• Liberal laundry facilities & linen press storage
• Double glazed windows
• Storage throughout
• Water tanks & garden sheds
• Ducted heating and open fireplace
• Double car garage and single carport
THE COTTAGE
• Self-contained cottage residence complete with living & dining area, kitchen, robed bedroom, fully equipped bathroom & European laundry
• Perfectly private the stand-alone residence is great for multi-generational living, teenagers retreat & dependent family members
• Ideally configured for lucrative Airbnb & rental potential
• Gas wall heater and refrigerated cooling.
THE LOCATION
Flaunting a remarkable locale that is truly worth its weight in gold, you're positioned just a leisurely stroll from Olinda Main Street shops & cafes, Olinda Recreational Reserve and Childrens Play Ground, Dandenong Ranges Botanical Gardens, Olinda Primary and just slightly further to Sassafras Primary and Sherbrooke Community School. There is a bus stop 50 meters away that takes you to Croydon and Upper Ferntree Gully Stations.
On-site Auction Saturday 19th of March at 4PM
Listing description written by Rene Mawad, Ray White Ferntree Gully — reproduced as published, not verified by Districts.