1576 Mt Dandenong Tourist Rd, Olinda is a 4 bedroom, 2 bathroom Unit and was built in 1920. The property has a land size of 3163m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last transferred in June 2024.
For those of refined taste and savvy business sense, this unique stone built residence with separate fully furnished guest cottage is set to impress.
Perfectly positioned between Olinda and Mount Dandenong villages, this original 1920s house has enjoyed sensitive extensions over time, careful to ensure the integrity of this property. In elegant hills home style, this impressive two storey residence offers open plan living with wood fire, formal dining adjoining the treetop balcony, and country style kitchen with garden views. Vaulted 12ft ceilings, rich timber floorboards, and stone accents create a dignified appearance and an inviting feel. Spacious bedrooms with large wardrobes, including main with private balcony, plus a lower level wine cellar, laundry with WC, and additional ground floor living area create a flexible floorplan for any lifestyle.
Providing additional options for business endeavours, creative or remedial pursuits or multi-generational living is the stunning and spacious cottage. A successful accommodation business has been operating for the past 12 years. Independent and romantic, the generous layout includes a large lounge with wood fire, country-style kitchen, and upstairs bedroom, ensuite with spa tub, Juliet balcony, and starlit views.
The size of Olinda is approximately 17.9 square kilometres. It has 23 parks covering nearly 101.6% of total area. The population of Olinda in 2011 was 1,663 people. By 2016 the population was 1,749 showing a population growth of 5.2% in the area during that time. The predominant age group in Olinda is 40-49 years. Households in Olinda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Olinda work in a professional occupation. In 2011, 84.6% of the homes in Olinda were owner-occupied compared with 82.9% in 2016.
Olinda has 969 properties. Over the last 5 years, Houses in Olinda have seen a 36.82% increase in median value, while Units have seen a 74.41% increase. As at 31 October 2024:
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