OFF MARKET

18 School Road
Olinda VIC 3788

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 218m2
Land area: 1261m2
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Property Details for 18 School Rd, Olinda

18 School Rd, Olinda is a 5 bedroom, 3 bathroom House and was built in 1980. The property has a land size of 1261m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1980
Floor Size
218m2
Land Size
1261m2
Local Government
Yarra Ranges
Lot/Plan
14/PP5616

Last Listing description (January 2024)

In the pursuit of a perfect home that embraces both elegance and peace, look no further than this charming multi-level 5-bedroom, 3-bathroom home, with three living zones, on a fully fenced 1261 sq. mtr. block. Nestled on a quiet no-through road, this property offers a serene retreat from the busy outside world, and yet is walking distance to the Olinda township, restaurants, cafes, primary school, and bus stop. The exterior of the home exudes a timeless appeal, with its simple yet classic design, with covered verandahs and charming balcony that invite you to sit back and enjoy the tranquillity of the surroundings. Step inside, and you will discover a flexible floorplan set over 3 levels which has been designed with functionality in mind. From the well-appointed country style kitchen which has modern appliances and tasteful finishes to the stunning lounge with its vaulted ceilings, charming wood fire and access onto the balcony. The lounge becomes a versatile space where you can entertain guests or simply spend quality time with your family. For those who value work-life balance, the top floor can be a dedicated artist studio/study, or 5th bedroom with ample storage and overlooks the garden and forest. The home thoughtfully allocates the five bedrooms across various levels, granting every family member their own personal space to call their own. The inclusion of three bathrooms and a well-placed powder room ensures convenience and privacy for everyone. Parking will never be an issue, with the convenience of a garage, carport, and plenty of off-street parking options, ensuring that your guests feel welcome and at ease when visiting. In summary, this multi-level 5-bedroom home, tucked away on a quiet no-through road, epitomizes the essence of a balanced and serene lifestyle. It offers an elegant and comfortable living space the perfect place to call home.

Investor Information:
It is our opinion that if this property were offered for rent in the current market it would achieve an approximate return of $760 - $800 per week.
***Ranges FN Rentals have put together this information from sources available to us, however we cannot guarantee it?s accuracy as some information may have been provided from outside sources. Similarly, we are not registered financial advisors. Therefore you should seek professional assistance if you intend to make financial decisions based on the information provided.

https://www.consumer.vic.gov.au/duediligencechecklist
Please note: All property details listed were current at the time of publishing.

Property History for 18 School Rd, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Sold
$1,150,000
25 Oct 2023
  • 25 Oct 2023
    Sold for $1,150,000
  • 01 Aug 2023
    Listed for Sale Not Disclosed
  • 21 Dec 2018
    Sold for $860,000
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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.