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
$1,230,000
Last sold
4 Mar 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
965 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
$1,230,000
4 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Olinda (last 5 years) with land size have a median of $431/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.
Vs Olinda
+4.2%
Median sale
Suburb $1,180,000
-0.11 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 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 Bell Real Estate OlindaHidden behind a breathtaking century old Rhododendron that leads you to this amazing character home, the sophisticated hills sanctuary spanning quarter of an acre has been meticulously crafted and updated with thoughtful design, creating a home of quintessential hills comfort. Instantly inviting with alluring leadlight front door unfolding to warm and elegant interiors with alluring picture windows throughout, the home will satisfy the entire family with options for entertainment and lifestyle over two distinct levels.
Just footsteps from the Olinda and Mount Dandenong villages, benefit from the seclusion of its privileged setting, whilst still being close to boutique shops, chic cafes and the local primary school. Set on a gently sloping, west-facing, quarter-acre block awash with lush park like gardens, the home offers verdant vistas from every window, incredible birdlife and a collection of hills classics including Rhododendron, Japanese maple, camelias, azalias, ferns, lillies and meandering pathways.
Offering a family friendly floorplan over 2 levels, the home oozes character and charm. Enter via the front covered verandah, into the spacious entry hall, with zoned living. The open plan lounge and dining areas with open fireplace, lead to a country style kitchen with views over the rear garden. The huge study is perfect for working from home (or a 5th bedroom), plus 2 generous bedrooms, bathroom, huge laundry with sewing cupboard, and guest powder room.
Upstairs, a large master bedroom with retreat, plus huge Jack and Jill bathroom complete with spa bath, plus an additional 2nd bedroom.
Talking Points:
•Relax by the intimate fireplace in the in the lounge where long late-night conversations will be spent with a glass of your favourite vintage.
•Create delicious masterpieces in the country style kitchen with stainless-steel appliances, and double sink overlooking the rear garden.
•Spoil your family and friends with the multiple dining and entertaining options from formal to alfresco including a charming covered entertaining area that flows from the dining room, and an all-season front verandah.
•An adjacent laundry and powder room is ideal for guests with great storage.
•Upstairs the Lavish master with retreat, with a large recently renovated full size bathroom, with spa bath, walk in shower and double vanities.– the epitome of luxury.
•Discover delights at every turn in the magical gardens that transform throughout the seasons. Pretty garden beds, open lawn, large shed, amazing Edna Walling style rock walls, a kaleidoscope of mature trees, hedges, and secluded retreats offer beautiful spaces for all to enjoy.
•Utilise the sealed entrance off Monash Avenue hidden behind the remote controlled garage door.
•Study at the entrance ideal as a home gym, office, or 5th bedroom.
•Luxurious extras include Ducted Heating to ground floor, Reverse Cycle upper floor, NBN connected and incredible storage options.
Insider’s Secret:
Located moments from the Olinda community pool, the gorgeous childrens eco-playscape, Olinda football/netball club, off-leash dog park, as well as all the tourist attractions of the glorious Dandenong Ranges has to offer, including the Rhododendron gardens and Olinda Falls, and numerous coffee shops within a 1 minute walk.
Public transport to Upper Ferntree Gully and Croydon train stations, including major school buses on doorstep.
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.