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 › Upper Coonara Rd
$920,000
Last sold
30 June 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,460 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
$920,000
30 June 2023 · 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
-22.0%
Median sale
Suburb $1,180,000
+0.79 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 BelgraveThe peaceful treed outlook of this split-level hills home will make you fall in love with the lifestyle and opportunity on offer. A blend of inspired design and uncompromising modern comforts immersed within exquisite natural surrounds, it's the ideal family sanctuary with lofty timber-lined architectural ceilings and exposed brick adding rustic allure and large windows drinking in the verdant greenery of the forest setting beyond. Lovingly built and cherished by only one owner in its lifetime, the 4-bedroom, 2-bathroom red cedar home presents an exceptional opportunity to secure the epitome of relaxed hills living on a lavish north to rear facing allotment with views of the ridge.
A casual living/meals zone is centred around a hearty pot belly wood fire where you can unwind as a comforting smoky aroma fills the air. A separately zoned lounge/dining at the entrance is ideal for larger family gatherings with effortless flow to the alfresco deck. For the culinary enthusiast, a modern kitchen awaits, complete with top-of-the-range AEG appliances, integrated dishwasher, ample storage (including two pantries and in the kickboards), soft closing drawers and a versatile stone waterfall island bench, undoubtedly making this space the heart of this welcoming home.
Secluded and serene, the four upstairs bedrooms are generously spacious, offering every family member a private retreat after a long day complemented by a refreshed family bathroom adorned with natural light. A master suite is equipped with an upgraded ensuite bathroom and ample closet space, with room to further modernise down the track.
For those who work from home or require a peaceful escape to delve into their creative pursuits, the generous mezzanine home office is an idyllic haven just waiting to inspire productivity and innovation.
Step outside to discover a charming sun-soaked deck overlooking a stunning chestnut tree where laughter-filled gatherings and blissful morning coffees are destined to be enjoyed with the king parrots. The lush fern-clad backyard, featuring a bountiful selection of fruit trees and a veggie patch, is the ideal backdrop for you to connect with nature and indulge in the sweet fruits of your own paradise. Weekend barbeques, pottering and child’s play can all be enjoyed in the fully fenced yard or simply relax in the calm embrace of nature as you toast marshmallow around the firepit.
For the DIY enthusiasts, a newly built powered workshop shed provides the opportunity to pursue passion projects while being surrounded by the property's breathtaking beauty or as additional storage for your gardening equipment and tools.
The location adds further allure with the peace and seclusion complemented by the urban convenience of nearby Monbulk including Aldi, Woolworths, deli, medical centre, gyms, cafes, restaurants, Monbulk Primary School and the Aquatic Centre all under 6-minutes away with an abundance of fresh-air walks at your doorstep.
The Details:
• Four-bedroom, two-bathroom combination brick & cedar home plus mezzanine study on 1459m2 allotment.
• One owner home since 1977 (46 years).
• Two living areas with all bedrooms upstairs including master with ensuite.
• Renovated kitchen overlooking a living/meal zone with potbelly wood fire.
• Architectural cathedral ceilings and exposed brick interiors.
• Both bathrooms have been refreshed with new tapware, basins and showers.
• Ducted heating and cooling system for seasonal comfort.
• Hidden room accessed via the laundry for storage or a children’s “cubby” plus roof storage.
• Double carport plus additional off-street parking.
• Zip hot / filtered water system
• Ducted vacuum
• Two garden sheds (one powered).
• Fully fenced block with electric dog fencing.
• Beautiful chestnut tree off the deck.
• Vegetable garden plus fruit trees including orange, fig, Kiwi, apricot, native Davison plum, blueberries, lemon and tamarillo.
• Gardens full of hills classics including rhododendrons, camellias and azaleas.
• House is adjacent to an easement affording privacy and a bonus block of land.
• #696 bus stop is just short stroll away.
Listing description written by Elliot Bell, Bell Real Estate Belgrave — reproduced as published, not verified by Districts.