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VIC › Olinda › Plowman St

6 Plowman St, Olinda VIC 3788

House

$1,420,000

Last sold

3 Nov 2021

4

Bedrooms

2

Bathrooms

6

Car spaces

10,200 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 $1,420,000 (3 Nov 2021).(Recorded sale)
  • FactLand 10,200 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

$1,420,000

3 Nov 2021 · 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

+20.3%

Median sale

Suburb $1,180,000

-0.47 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$1,420,0003 Nov 2021
  2. Listedprice unknowncompleted22 Oct 2021
  3. Soldprice unknown20 Oct 2016
  4. Listedprice unknowncompleted26 July 2016

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 Plowman St →

Listing material

Listed by Bell Real Estate Olinda

Architectural Brilliance on One Hectare – Peaceful Locale Ideal for Home Business or Multigenerational Families

A celebration of exceptional craftsmanship and understated style beckons with this architecturally designed haven sitting atop a hectare of glorious grounds and spectacular terraced gardens. Oriented for breathtaking sunset views and garden vistas from expansive panes of floor to ceiling glass, the home is also drenched in blissful natural light with the addition of stunning clerestory windows and raked ceilings which rise above the living areas. Introduced by a circular drive and positioned at the end of a peaceful no through road this is a home perfectly gift wrapped in a prestigious locale that will appeal to multigenerational families, home business operators or the largest of tribes looking to settle, grow and create memories in this special part of the hills. Supremely private the location is walking distance to Olinda Green playground and off-leash dog park, the swimming pool and Olinda Village as well as a plethora of picturesque walks and gardens.

Talking Points:

• Gather with loved ones in the alluring lounge and formal dining where a wood fireplace and custom cabinetry adds another level of ambience.

Read the full description

• Lavish and light-filled a casual meals space and family room is framed by a full height window to allow sunlight to cascade in and take in the spectacular changing landscape as the sun dips behind the trees.

• An adjoining kitchen has stunning views from the kitchen sink – so dreamy you’ll find an excuse to scrub the pots and pans – and is well equipped with an open bench for conversations with the chef.

• Four bedrooms offer plenty of options for the growing family including a master with full ensuite and a mirrored walk-in robe. The family bathroom will appeal with its corner spa bath for day’s end.

• A home office with built in cabinetry is ideal for those who work from home.

• Downstairs, a sizeable rumpus room can serve as a brilliant children's or teenagers' retreat, home business or multigenerational accommodation with enticing garden views. Completing the ground level is the fourth bedroom/home office, a powder room/laundry and internal access to the double remote garage.

• A wide deck runs the west facing length of the house perfect for a morning brew or a nightcap.

• Weekends are where the garden comes into its own with places to potter and beautifully composed spots to catch a chapter or two. Listen to the soothing hum of the local frogs in the lily-clad pond or enjoy a brew under the shade of a majestic Mountain Ash with lush moss underfoot.

• Potter in the veggie garden or tend to the array of European and native plantings in the landscaped gardens that frame flat curated blankets of lawn. You may even spot a resident wombat, echidna or wallaby.

• All the modern conveniences such as hydronic ducted heating, split systems and air-conditioned cooling and ducted vacuum system.

• Ample parking with a double carport serviced by a circular driveway and a separate driveway with access to a double remote-control garage and a second double carport. Room for multiple vehicles, trailers, caravans or boats!

Local Secret:

Just 600m down the road is the Olinda Tea House where you can enjoy high tea with an Asian twist. Word on the street is it’s the best in the hills!

Listing description written by Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Dishwasher
  • Ducted Heating
  • Floorboards
  • Indoor Spa
  • Intercom
  • Outdoor Entertaining
  • Pet-Friendly
  • Study
  • Toilets: 3
  • Vacuum System
  • Workshop
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.