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VIC › Olinda › Basin Olinda Rd

654 Basin Olinda Rd, Olinda VIC 3788

House

$875,000

Last sold

25 Mar 2026

3

Bedrooms

1

Bathrooms

6

Car spaces

1,096 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 $875,000 (25 Mar 2026).(Recorded sale)
  • FactLand 1,096 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Olinda (last 5 years) with land size: median $431/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

$875,000

25 Mar 2026 · 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.

See the full Olinda report →

Vs Olinda

-25.8%

Median sale

Suburb $1,180,000

+0.97 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$875,00025 Mar 2026
  2. Listedprice unknowncompleted4 Mar 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 Basin Olinda Rd →

Listing material

Listed by Ray White Ferntree Gully

A Private Mountain Sanctuary in the Heart of Olinda

Ideally suited for true mountain living, this unique and character filled residence offers privacy, space and an exceptional lifestyle surrounded by nature. Set in a peaceful pocket with State Forest directly opposite and only two quiet neighbours, this is a rare opportunity to immerse yourself in the beauty of the Dandenong Ranges while remaining connected to village life.

Designed to blend harmoniously into its natural surroundings, the home showcases soaring cathedral ceilings, warm timber tones and expansive full length balconies across both levels. Two oversized bedrooms plus a third generous bedroom are complemented by one bathroom including a powder room, multiple living zones, a lounge, dining area, family retreat and a study nook.

The mezzanine style main bedroom enjoys direct balcony access, a walk in robe and concealed lockable storage. Two of the bedrooms are extra large in scale, offering flexibility for families or guests.

Read the full description

Comfort is assured year round with a wood combustion heater, gas ducted heating with a recently installed circuit board, split system air conditioning in one bedroom and a circulation fan to efficiently move warm air between levels. A supply of seasoned wood is included to last through winter.

Outdoors, the property truly shines. Two full width balconies, a free standing gazebo and deck create exceptional entertaining spaces overlooking established gardens and a mini orchard featuring Meyer lemons, Eureka lemons, Tahitian limes, Japanese seedless mandarins, blueberries and a cherry tree. Wildlife including wombats, echidnas and lyrebirds are frequent visitors.

Sustainability and practicality are key highlights. The home runs on tank water to avoid water rates, with a private water main as back up. An STP sewerage treatment plant irrigates garden beds, and the house has low overall power consumption. The meter box is pre-wired for generator connection, and a 3.5kW generator is available by negotiation.

Parking is abundant with three undercover carports, additional off street parking for multiple vehicles, plus a lock up shed and garden shed. The driveway entry is scheduled for replacement within the sale.

Recently painted with premium Intergrain DWD protective coating and thoughtfully cleared around the home for safety, the property offers peace of mind alongside quality construction overseen by a builder.

All of this is within walking distance to both Olinda Village and Mount Dandenong shops, cafes and restaurants. Public transport is nearby, and you are moments to walking trails, Olinda Botanic Gardens, Sassafras, Kallista, Kalorama, Sherbrooke and only 15 minutes to Belgrave and Puffing Billy. Just 46km from the CBD, yet a world away in lifestyle.

This is mountain living at its most authentic.

Features:

• Three bedrooms, one bathrooms, one power room,2 toilets

• Cathedral ceilings

• Mezzanine main bedroom

• Walk in robe plus secure storage

• Lounge, dining and family zones

• Study nook

• Two full length balconies

• Wood combustion heater

• Gas ducted heating

• Split system air conditioning

• Circulation heat transfer fan

• Tank water supply

• Private water main backup

• STP irrigation system

• Low power consumption home

• Generator ready switchboard

• 3.5kW generator negotiable

• Three undercover carports

• Additional off street parking

• Lock up shed plus garden shed

• Gazebo and entertaining deck

• Mini orchard with fruit trees

• State Forest opposite

• Walk to Olinda Village

Location:

Positioned in one of the most sought after pockets of the Dandenong Ranges, this home places you within walking distance of both Olinda Village and Mount Dandenong's charming shops, cafes and restaurants. Surrounded by walking tracks, Olinda Botanic Gardens and State Forest directly opposite, the lifestyle is peaceful yet connected. Nearby villages including Sassafras, Kallista, Kalorama and Sherbrooke are only minutes away, while Belgrave and Puffing Billy are just a short drive. All of this just 46km from Melbourne CBD, with Angliss and Maroondah Hospitals easily accessible.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Listing description written by Lar Potimoy, Ray White Ferntree Gully — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Heating
  • Fully Fenced
  • Shed
  • 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.