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.
$3,075,000
Last sold
6 Aug 2024
9
Bedrooms
7
Bathrooms
10
Car spaces
27,200 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
$3,075,000
6 Aug 2024 · 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.
Vs Olinda
+160.6%
Median sale
Suburb $1,180,000
-1.71 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 OlindaSprawling across six acres of pristine land, this property is a testament to the beauty and bounty of nature. The panoramic views as far as Gippsland in one direction and across to the Yarra Valley in the other are nothing short of breathtaking - a visual feast that changes with every season, offering an ever-changing backdrop to your family's story.
The main house is an architectural marvel over two levels with 6 spacious bedrooms and 5 bathrooms exuding warmth and character in every corner. Multiple living and entertaining zones provide ample space for family gatherings, quiet moments, or festive celebrations including 2 full kitchens.
An amble through the gardens leads to a charming 3-bedroom, 2-bathroom self-contained barn with all-season deck. This versatile space can serve as guest accommodation or a retreat for older family members
But what truly sets this property apart are its breathtaking gardens - a labor of love that has blossomed into a living masterpiece including a 50-year-old Ginko tree and rare Japanese maple. Wander through the meandering paths, discover hidden nooks, and immerse yourself in the symphony of colours, scents, and sounds.
The sunny and flat lush lawn is a vibrant canvas for outdoor activities, from picnics and playdates to garden parties and quiet afternoons with a book. The children's playground too is a haven for young adventurers.
For those keen on self-sufficiency, the property boasts a thriving veggie patch and a chicken shed - perfect for farm-to-table meals, and the resident bees not only produce delicious honey but also contribute to the health of the surrounding flora.
Positioned in paradise, you're surprisingly not far from everyday amenities. Under 5-minutes drive to Olinda Village and only 9 minutes to Monbulk Village, schools, supermarkets and transport. You can also enjoy many bush walks throughout the Arboretum opposite Gracehill.
Talking Points:
● Turnkey custom built, one owner property on 6.71 sunny acres (27,176 m²) with south easterly views & northly views over the RJ Hamer Arboretum across to the Yarra Valley.
● Entry to the main house and the Barn Cottage is keyless.
● Video Security/Gate Intercom
● Corner block, two auto gated entrances, circular drive, gate/door codes, remote intercom.
● 6-bedroom, 5-bathroom family home with multiple living and entertaining zones including a self-contained zone for multigeneration families.
● Auto-gated entrance driveways x 2 plus rear side road gate.
● Main kitchen is highlighted by luxe stone benches, integrated dishwasher, Belling 900mm cooker, breakfast island and walk-in pantry.
● Huge rumpus room with spectacular skylights, built-in bar and wood fire.
● Modern family bathroom with luxe spa bath, rainshower & designer ceramic wood-look tiles plus powder room.
● Additional main bedroom with spa ensuite and access to a living/dining zone with gas log fire plus separate entrance.
● Self-contained wing with two bedrooms (each with their own spa bathrooms), living/dining, laundry, kitchen and separate entrance.
● Sitting room with built in home office space.
● Wrap-around all-season alfresco spaces.
● Large laundry plus utility rooms x3.
● Skylights & solar lights.
● Predominately double-glazed windows.
● 40 solar panels, 3 phase power, generator switch to mains.
● Rainwater tanks (partial grey).
● 3 gas log fires/1x wood log fire. Reverse cycle air-conditioning x 5 in main house & 2 in Barn.
● Separate self-contained cottage known as “The Barn” comprising 3 bedrooms and 2 full bathrooms, full kitchen & gas log fireplace.
● Double garage with internal entry, shed, workshop shed plus abundant off-street parking throughout the grounds.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, 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.