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VIC › Olinda › Mount Dandenong Tourist Rd

529 Mount Dandenong Tourist Rd, Olinda VIC 3788

House

$803,000

Last sold

10 Mar 2026

3

Bedrooms

1

Bathrooms

1

Car spaces

3,196 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $803,000 (10 Mar 2026).(Recorded sale)
  • FactLand 3,196 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Olinda (last 5 years) with land size: median $445/m² of land (n=80). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$803,000

10 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in Olinda (last 5 years) with land size have a median of $445/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.

See the full Olinda report →

Vs Olinda

-31.9%

Median sale

Suburb $1,180,000

+1.30 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 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. Sold$803,00010 Mar 2026
  2. Listedprice unknowncompleted24 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 $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.

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

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

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

Olinda in one glance

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.

See the full Olinda report →

Keep researching

  • Why Olinda? Read the area thesis →
  • What else is on the market in Olinda →
  • Other records on Mount Dandenong Tourist Rd →

Listing material

Listed by Bell Real Estate Olinda

The allure of yesteryear, the promise of tomorrow

They say location is everything and here, it truly steals the spotlight. Just footsteps from the buzz of Olinda Village, where the aroma of fresh coffee drifts through the air and boutique windows tempt with weekend discoveries, this character-rich home offers a rare blend of convenience, charm and untapped potential. An old soul with stories in her walls, she’s ready for someone with vision to step in and write the next beautiful chapter.

Set on a sun-drenched north-easterly block of approximately three quarters of an acre, this original hills home immediately impresses with its heritage presence. Gorgeous iron gates mark the entrance, while a wide wraparound verandah delivers a front-row seat to lush gardens and prolific birdlife. Inside, the charm continues with stunning original Baltic timber floors, soaring 10-foot ceilings, art deco cornices, louvre windows and large picture windows that frame leafy outlooks like ever-changing artwork.

Fresh updates including new windows, lighting and a freshly painted interior ensure comfort now, while still leaving exciting scope to enhance further. A generous foyer with double French doors leads into a spacious lounge warmed by a crackling open fire, dual-aspect windows drawing the garden indoors. The adjoining kitchen offers a large footprint ready for a contemporary reimagining, while the rear sunroom, wrapped in glass, is wonderfully adaptable - reading retreat, plant haven or an inspiring home office.

Read the full description

Accommodation includes three generous bedrooms and a central bathroom awaiting a modern makeover, with potential to add a second bathroom via the well-positioned laundry. Outside, the grounds feel like a private botanical escape. Two magnificent chestnut trees cast a dreamy canopy, joined by towering tree ferns, maples, beeches, oaks, hydrangeas, rhododendrons and other beloved hills classics.

Walk 100 metres to cafés, galleries, restaurants and village essentials, wander through the Dandenong Ranges Botanical Gardens, or simply stay home and enjoy the peace. It’s an inspiring opportunity in a truly exceptional location - equal parts lifestyle, charm and possibility.

At a Glance:

- Character weatherboard home with art deco influences

- Prime Olinda Village location - 100m to cafés, shops and restaurants

- Approx ¾ acre, north-easterly block with established gardens

- Original Baltic timber floors, 10ft ceilings, cornices and louvre windows

- Freshly painted with new windows and lighting

- Spacious lounge with open fireplace and dual garden outlooks

- Large eat-in kitchen footprint ready for modern update

- Versatile rear sunroom with wraparound windows

- Three generous bedrooms

- Central bathroom ripe for renovation plus potential second bathroom

- Wide wraparound verandah ideal for outdoor living

- Gas ducted heating and off-street parking

- Mature gardens with chestnut trees, ferns, maples, beeches and hydrangeas

- Exceptional lifestyle opportunity steps from Olinda Village

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 Zac Bell, Bell Real Estate Olinda — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1

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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.