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 › Basin Olinda Rd
$765,000
Last sold
5 Aug 2023
2
Bedrooms
1
Bathrooms
1
Car spaces
1,360 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
$765,000
5 Aug 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
-35.2%
Median sale
Suburb $1,180,000
+1.51 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 OlindaMagically nestled amidst the tranquil embrace of nature's lush greenery is this charming, mid-century Scandi-styled home perfectly intertwining life's comforts and the stunning surrounding landscape. Imagine reserving front row seats to nature's theatre every day, right from the comforts of your own backyard! It's a supremely private lifestyle offering delivering an inspired connection to the natural world where you can experience living amid breathtaking beauty, where every new day brings unique, magical experiences bathed in the forest's ever-changing palette of colours.
Perfect for tree-changers, busy professionals seeking solace, young couples, or as a weekender, investors and creatives after serenity and an inspiring setting.
Step inside to be greeted by warm timber floorboards underfoot, leading you into the heart of the home – an open plan space that beckons you to put your feet up. Bathed in a symphony of natural light that not only warms your skin but also your soul, the sun-kissed living area is comfortably dominated by a crackling Coonara wood fire, adding an element of rustic nostalgia during colder nights as you devour chapters, or simply enjoy the whispering of the surrounding forest.
Indulge in creativity in the modern, contemporary kitchen, dressed up in sleek, chic accents. Equipped with modern amenities, it makes efficient use of space while retaining a stylish appeal. The two bedrooms offer peaceful personal sanctuaries with garden views, where you can awaken to birdsong or fall asleep as the breeze rustles through the leaves - a truly enchanting experience. The modern, well-appointed bathroom offers a haven where you can soak your cares away.
Step out to a dreamy alfresco deck overlooking the forest that cascades below where every season tells a different story from the golden wattle and vibrant rhododendrons and camellias in spring to the majestic tree ferns punctuating the winter mist. At twilight, the stage is set for a mesmerising spectacle as sundown radiates a beautiful glow, casting a spell that silhouettes the landscape against the fading day. There’s also a firepit zone to embrace starry skies as you enjoy conversations well into the night.
Tucked away in peace yet close enough to the bustling village, you'll find yourself torn between the allure of local amenities and the captivating beauty of the neighbouring forest where rosellas, cockatoos, deer and even kangaroos sometimes roam. Indulge in invigorating bush walks to strengthen your connection with Mother Nature, as you renew your spirit, one stride at a time.
Also features a single carport, off-street parking in the long driveway, electric wall heater, fast fibre NBN, under house storage and rainwater tank.
Connect with us now to start writing your enchanting story in this tranquil forest retreat.
At a Glance:
• 2-bedroom, 1-bathroom brick cottage style home backing on to State Forest.
• The home has been in the same family for over half a century.
• 1360m2 allotment walking distance to Mount Dandenong Village and forest walks accessible from the backyard.
• Sun-bathed open plan living with Coonara wood fire for seasonal comfort.
• Hardwood floors.
• Single carport plus off-street parking.
• Firepit zone.
• Rainwater tank and abundant sunshine ideal for solar panels or a veggie patch.
• Under house storage.
• High speed NBN.
• Mount Dandenong Village (supermarket, post office, pub, organics) just up the road and larger shops Kmart etc just down the road.
• Less than an hour into the city (50 minutes by freeway).
• The paved Basin-Olinda Rd is a beautiful quiet road to live on.
• High demand rental appeal.
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.