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VIC › Maiden Gully › Olympic Pde

420 Olympic Pde, Maiden Gully VIC 3551

For saleHouse for Sale

$1,125,000–$1,175,000

For sale

Asking range

5

Bedrooms

2

Bathrooms

2

Car spaces

2,172 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,125,000–$1,175,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,125,000–$1,175,000(Listing record · 11 Feb 2026)
  • FactLand 2,172 m²; no building size recorded.(Property record)
  • CalculationAsk is 37% above the Maiden Gully median recorded sale ($820,000, n=31, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Maiden Gully's advertised median rent ($602/wk), implied gross yield would be 2.78% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,125,000–$1,175,000

Asking range · $518/m² of land

No recorded sale for this property.

Maiden Gully at a glance

5,757

People

$820,000

Median sale

$602/wk

Median rent

3.82%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Maiden Gully report →

Vs Maiden Gully

+37.2%

Median sale

Suburb $820,000

-1.04 pp

Gross yield

Suburb 3.82%

Suburb median $820,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,125,000
Stamp Duty (Victoria)
$61,875
Transfer/Registration Fee
$2,737
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,193,312

$68,312 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Maiden Gully's advertised median rent — not a rent for this listing.

Net yield
1.28%
Annual cashflow (pre-tax)
$-44,071
Interest cover (DSCR)
0.25
Annual rent
$31,304
Operating expenses
$16,875
Loan amount
$900,000
Annual interest
$58,500
Gross yield
2.78%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,125,000–$1,175,000available11 Feb 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $602/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Maiden Gully in one glance

Maiden Gully at a glance

5,757

People

$820,000

Median sale

$602/wk

Median rent

3.82%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Maiden Gully report →

Keep researching

  • Why Maiden Gully? Read the area thesis →
  • What else is on the market in Maiden Gully →
  • Other records on Olympic Pde →

Listing material

Listed by PH Property

HAMPTONS ELEGANCE WITH POOLSIDE LIVING IN SOUGHT AFTER MAIDEN GULLY!

Set in a peaceful Maiden Gully location and only four years old, this beautifully finished Hamptons-style home featuring five bedrooms, a study, three living spaces, stunning inground pool and a large shed/mancave, delivers a perfect balance of elegance, space and relaxed family living set on a 2,172Sqm block. Welcome to 420 Olympic Parade.

Stepping through the front door, the wide entry hall immediately sets a welcoming tone and introduces a thoughtfully designed floorplan perfectly suited to modern living. To the left of the entry is a light-filled parents' retreat or open lounge, carpeted for comfort and the perfect place to relax away from the main hub of the home. The master bedroom is positioned privately and features generous his and hers walk-in robes, both fully fitted with shelving, drawers and hanging space. The ensuite is luxurious in both scale and finish, offering an oversized double shower with niche, stone-topped vanity with double basins and a separate toilet. The remaining four bedrooms, all have their very own walk-in robes and share the family bathroom which is stylishly finished with floor-to-ceiling tiles, bath, shower, stone-topped vanity with single basin and, complemented by a separate toilet.

The heart of the home is the open plan kitchen, dining and living area, enhanced by vinyl plank flooring and abundant natural light. The kitchen is a standout, showcasing stone benchtops, a large island with sink and breakfast bar, dishwasher, microwave space, extensive drawer storage, a 900mm gas cooktop (bottled gas), electric oven and a striking herringbone tiled splashback. A large walk-in pantry with stone benchtop, sink and shelving adds exceptional storage and functionality. The adjoining living and dining area opens seamlessly to the alfresco and pool through double-glazed stacker doors, creating an effortless indoor–outdoor connection.

Read the full description

A separate carpeted rumpus room at the rear of the home offers a versatile third living zone or theatre room while an open study provides a practical work-from-home space. Other notable features are a highly functional laundry with step in linen cupboard, a long bench with washer and dryer neatly tucked below, striking black tapware and door furniture, while ducted reverse-cycle heating and cooling ensures year-round comfort. There's also direct internal access from the double garage.

Outside, the lifestyle offering continues with undercover alfresco and a stunning inground salt-chlorinated pool, just perfect for entertaining. There's also an outdoor shower and fire pit area that enhance the resort-style feel. The irrigated lawn backs directly onto the creek with its majestic gumtrees, creating a peaceful natural outlook.

The substantial 9 x 7 metre shed is a standout feature, complete with concrete floor, power, pot belly heater, TV point, roller door to the driveway, PA door and another roller door opening toward the pool area. It's ideal as a mancave, teenagers room, workshop or for storing extra vehicles, boat, etc. Behind the shed, there's a water tank with pump that supplies the lawn sprinkler system and a secure dog pen that rounds out an exceptionally well-appointed property.

Combining refined Hamptons style, practical family design and outstanding outdoor features, this is a rare opportunity to secure a quality lifestyle home in one of Maiden Gully's most desirable settings. Close to supermarkets (new Coles Supermarket coming soon), excellent schools and just 10 minutes from Bendigo CBD, your new lifestyle awaits.

Call Darren today to arrange an inspection.

Listing description written by Darren Waters, PH Property — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Ensuites: 1
  • Living Areas: 3
  • Outdoor Entertaining
  • Pool
  • In-Ground Pool
  • Remote Garage
  • Reverse Cycle Aircon
  • Rumpus Room
  • Shed
  • Study
  • Toilets: 2
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.