OFF MARKET

168-172 Falls Road
Olinda VIC 3788

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 257m2
Land area: 20038m2
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Property Details for 168-172 Falls Rd, Olinda

168-172 Falls Rd, Olinda is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1967. The property has a land size of 20038m2 and floor size of 257m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
1967
Floor Size
257m2
Land Size
20038m2
Local Government
Yarra Ranges
Lot/Plan
1/TP321270

Last Listing description (April 2019)

A once in a lifetime opportunity to change your lifestyle and live in your own private 100-year-old botanical oasis. This unique estate, amongst magnificent, seasonal gardens is being offered to market for only the second time in 55 years.
Remote controlled gates lead you down meandering stone paths, revealing majestic Rhododendrons and Azaleas, stone walls, bright pockets of flowers and vast green lawns. You never know quite what you'll stumble on next-and that's part of its allure.

The estate was originally known as the Georgian Guesthouse, complete with tennis court, croquet lawn, lily pond, and waterfall on the south lawn. The estate is nestled in a quiet location opposite the National Rhododendron Gardens and includes 2 residences, outbuildings, ample shedding and a separate wine cellar.
Bathed in natural light, the main residence is nestled into the gardens and has been designed to blend into its surroundings. The current owners have meticulously reconstructed the original home over the last two years, with the architectural brief being to deliver large open plan elegance, maximize views from all rooms and create a warm relaxed mountain lifestyle.
The main lounge has the wow-factor, complete with double height ceilings, stunning copper fireplace and large double glazed windows offering magnificent views of the south lawn. This leads into the kitchen with walk-in pantry, large dual fuel range and custom cabinetry including an antique central island/work station. Bi-fold windows and sliding doors in the kitchen and family room are designed to create seamless indoor-outdoor living and provide access to the expansive north-facing deck along with a large remote controlled pool/spa. Three luxury bedrooms, including the main with expansive wardrobes & ensuite with cast iron claw foot tub are saturated in sunlight and abundant style. Ample parking is provided by a double garage with direct access into the home.
The second residence ideal for in-law or guest accommodation has also been carefully reconstructed. Formerly the original stables, this dwelling has been transformed into open plan living with wood fire, elegant bedrooms with garden views, and the practicality of large window panels, heating in every room, and double carport.
This unique estate in an exceptional setting is a truly special opportunity to leave the city 45 minutes behind and reconnect with the natural beauty and wildlife the Dandenong Ranges has to offer.
- 5 acre private estate consisting of flat north-facing 100 year old majestic gardens
- Luxury, light-filled main residence with artistic modern rustic style
- Fully double-glazed and hydronically heated
- Formal lounge with expansive custom designed copper open wood fireplace
- Hardwood floors
- Security alarm system
- Kitchen with walk-in pantry and bi-fold windows
- Fabulous outdoor entertaining area with separate pool house/office in-ground remote controlled spa pool
- Fully renovated, stylish second dwelling with open plan living
- Expansive shedding and wood storage
- Secondary entrance to the property via another set of magnificent iron gates
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.

Property History for 168-172 Falls Rd, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Sold
$2,250,000
22 Feb 2019
  • 22 Feb 2019
    Sold for $2,250,000
  • 25 Jan 2019
    Listed for Sale $2,300,000 - $2,500,000
  • 08 Oct 2018
    Listed for Sale $2.5 million
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About Olinda 3788

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:

  • The median value for Houses in Olinda is $1,093,648 while the median value for Units is $1,029,237.
  • Houses have a median rent of $700.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Olinda on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Olinda.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.