OFF MARKET

3 Victor Street
Olinda VIC 3788

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5442m2
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Property Details for 3 Victor St, Olinda

Building Type
Land
Land Size
5442m2
Local Government
Yarra Ranges
Lot/Plan
2/PS822038

Last Listing description (November 2021)

Flat land in Olinda is rare. Flat acreage that is sunny, open and clear is moreso. Previously a long-standing family-owned nursery, this is the first time this land has been offered for sale.
Approx. one and a third of an acre (5442 sqm) in what is becoming a dress circle estate in the Victor Street Cul-de-sac. The land has a very gentle slope that is elevated from the road which will provide for an impressive entrance for your new home.
The location is close to the Olinda township with its cafe culture, walking tracks and the Dandenong Ranges National Park. With a drive that winds through the property, no trees to clear, power, water, and gas available, bonus sheds and greenhouse that can provide extra value or be removed at your discretion, this is the perfect locale to build your dream home (STCA)

Expressions of interest taken until 16 November.

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Property History for 3 Victor St, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Sold
$876,000
18 Nov 2021
  • 18 Nov 2021
    Sold for $876,000
  • 12 Oct 2021
    Listed for Sale $630,000 - $696,000

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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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