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 › Olinda Cres
$1,500,000
Last sold
22 Mar 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
2,033 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
$1,500,000
22 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
+27.1%
Median sale
Suburb $1,180,000
-0.59 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 OlindaPerfectly placed on a quiet, sealed Olinda street, the entrance to this unique property is a circular drive shaded by majestic elms, leading to a split-level home that will adapt to your changing needs and that will charm anyone lucky enough to step inside.
Think polished timber floors, soaring raked ceilings, exposed brick, clerestory windows, rustic fireplace, lashings of natural light, verdant garden views from every window and big rooms, whether places to sleep, congregate, relax or entertain.
With a study/home office for good measure, upstairs master with walk-in robe and dreamy sunset balcony and a downstairs rumpus addition for the teens with access to the paved alfresco for fabulous entertaining - every age and stage is catered for in style.
Boasting a 900mm Smeg stainless-steel oven/cooktop, dishwasher and loads of storage, the large entertainers kitchen stands triumphantly at the head of the ground floor family/dining zone with crackling Coonara style wood fire. The adjacent laundry doubles as a convenient butler’s pantry for extra convenience and to keep life clutter free.
And the gardens…well they are wonderfully magical and cathartic with calming canopies of greenery, echidnas digging in the shrubbery, hidden pathways and melodic birdsong. Entertain en masse with plenty of room for long lunches and summer gatherings on the lush lawn, fire up the BBQ on the paved patio or potter among the terraced zones awash with natives, lemon trees, chestnuts, mulberries, European varieties as well as Japanese maples.
Ideally located between the townships of Sassafras and Olinda on a quiet sealed road with rear access available via Vista Street, you can stroll to the local cafes of Olinda for your morning latte or be at Sassafras in under 5-minutes.
More to Love:
•Flexible floorplan includes dual living areas, entertainer’s kitchen, home office and zoned master.
•Established and tiered gardens around the property.
•Welcoming forecourt enhanced by a pond with gentle trickling fountain and striking solid timber and glass entry doors.
•Deep soak bath in the main bathroom for relaxing at day’s end.
•Second family bathroom with bidet and rainhead shower.
•Ducted vacuum and ducted heating.
•Carport/under-cover parking for at least two cars, plus extra off-street parking in the circular drive.
•Storage galore in the lockable storage room and workshop (with internal entry) attached to the carport ideal for tradies.
Insider’s Secret: Walking through the National Park down to Proserpina Bakery in Sassafras. Watching the King parrots and Eastern spinebills in the garden. The stars on a clear night are magical and snuggled up on the couch in front of the fire in winter is the best place to be. We will miss the sounds of the kookaburras and the birds gathering in the gardens.
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.