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
$980,000
Last sold
20 Nov 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
1,006 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
$980,000
20 Nov 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
-16.9%
Median sale
Suburb $1,180,000
+0.57 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 OlindaBuilt circa 1956, this inspiring home is tucked in a stunning pocket of Olinda, a joyous amble from the café culture and boutique shopping of the village. The home is a symphony of Mid Century design highlighted by its ceiling-skimming windows that connect you to its magical surrounds and gaze over everchanging garden hues.
A sunroom style entrance basks in northerly sun and connects with the meals zone and a modern kitchen complete with induction cooktop, Smeg dishwasher and electric oven. Wonderfully cool in summer and cosy in winter thanks to the ambience of the gas log fire in the parquetry-floored lounge, you’ll relish the peace and quiet immersed among the landscape.
A family bathroom flaunts a contemporary re-do and is in touch with a trio of calming carpeted bedrooms, all with garden framing panes; the master at the end of the hall revealing a feature wall and plentiful built-ins. Children will adore the dedicated playroom with superbly squishy sensory flooring with a Tin Tin mural adding a whimsical touch, and there’s a breezeway just beckoning to become a home office hub.
A private, self-contained studio styled with a modern industrial flair provides a flexible living space perfect for a teenager's retreat, guest accommodation or a source of income as short term accommodation with separate entry, parking and its own wrap balcony. Inside you will find a fully functional kitchenette and living area, spacious bedroom zone with a Murphy Bed, and a modern bathroom. The perfect escape.
Framed by beautifully nurtured gardens awash with a kaleidoscope of azaleas, rhododendron, ferns and Japanese maples - there’s always something in bloom. Tiered cottage style garden near the studio with purple and yellow influences frame a courtyard and a private area perfect for a firepit or alfresco dining.
At a Glance:
• 3-bedroom, 1-bathroom split-level home on a 1006m2 corner allotment.
• Mid-century architecture, built circa 1956.
• Original 4m high windows in living room and windows to 4m high ceiling of kitchen.
• Contemporary kitchen with induction cooktop, Smeg dishwasher and sink and Electrolux electric oven.
• Renovated family bathroom with under floor heating.
• Kid’s playroom with sensory flooring and a Tin Tin mural.
• Gas log fire and split systems for seasonal comfort.
• Separate self-contained studio above a storage garage fondly known as “The Plastics Factory” because of its origins as a small home business space to make household plastic items such as drinking cups and plates dating back to 1956.
• The home and the studio have been run as an Airbnb listing since 2016 with well over 3000 happy guests staying across the 7 years.
• Studio has hot water heat pump and double-glazed windows.
• 6.5kw solar panels.
• Separate storage garage.
• Wonderful neighbours and a quiet meander to Olinda shops and cafes (900m) where you’ll find café culture and boutique shopping.
• 2km from Sassafras and 5km to Kallista villages.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and 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.