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
$1,085,000
Last sold
5 Feb 2020
3
Bedrooms
2
Bathrooms
3
Car spaces
5,025 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
$1,085,000
5 Feb 2020 · derived via latest_sale
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.
Vs Olinda
-8.1%
Median sale
Suburb $1,180,000
+0.24 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 OlindaA sanctuary of serenity, this unique hills residence is constructed from exquisite imported Canadian cedar and showcases a harmonious blend between its interior and the spectacular bushland setting that surrounds the home. Expansive glass windows and skylights throughout expose the beautiful green leafy surrounds and the treehouse feel brings the spectacular scenery into almost every room, while the soundtrack of bird song imbue the home with a peacefulness reminiscent of an uplifting retreat.
Fresh from quality updates and renovations, touched with an artistic flair, the home boasts a grand open plan living and dining room with a glowing wood heater and a stunning renovated kitchen showcasing deluxe stone benches, premium stainless-steel appliances and a decadent island bench. Under majestic soaring timber ceilings this warm and earthy central space is the heart of the home and provides room for a family to relax, play, entertain and celebrate. Framing the living space is a delightful freshly sealed deck that calls for relaxation and morning cuppas with the lush treetops as a constant backdrop. Whisper quiet, this is also an amazing space to host friends and family for gatherings large or small.
Generously proportioned, two children's bedrooms and a family bathroom made from beautiful Australian Blackwood timber are tucked away off a curved hallway, while parents enjoy blissful privacy in a master retreat with elegant ensuite, a luxurious spa bath and a relaxing sauna. This masterful space offers a true oasis of relaxation and quietude further enhanced by its access to a private Zen garden where you can enjoy a morning brew or a night cap. A stylishly renovated laundry room completes the interior.
Fronted by a long flat parking/play space, the home also includes a children's three-storey cubby/treehouse, flat lawn area off the studio and an abundance of meandering paths through the gorgeous bushland gardens that you are privileged to call your backyard.
Further highlights include a double sized garage with built-in benches and shelving with attached studio/workshop space (two separate rooms) ideal for a home office, man cave or teen retreat. There is also a single carport, loads of off-street parking and turn-points, rainwater tank attached to the garage, loads of under-house storage (or convert to an additional floor (STCA), brand new carpet and brand new ducted heating.
Situated in a quiet and picturesque pocket of Olinda ideally positioned between both Monbulk and Olinda townships, you are also 1.5kms from Monbulk Primary School and minutes from delightful Coonara Springs restaurant, the Pirianda Gardens, Monbulk Aquatic Centre and Lyrebird Falls for endless weekend adventures. Don’t delay. Enquire today.
Listing description written by Trevor Bell, Bell Real Estate Olinda — reproduced as published, not verified by Districts.