OFF MARKET

31 Olinda Crescent
Olinda VIC 3788

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 4860m2
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Property Details for 31 Olinda Cres, Olinda

Building Type
Rural
Land Size
4860m2
Local Government
Yarra Ranges
Lot/Plan
1/PS822038

Last Listing description (May 2022)

We saved the best block to last at the Boulter nursery site.
At almost an acre and a quarter or 4860m to be exact, its the corner block facing the sealed Olinda Cr and Victor St cul-de-sac. It gets loads of sun and is gently sloping or we would say "hills flat". It's a cleared block excluding the large hedge which provides you the privacy from the street. Ideal to build that dream home. All services available and connected except sewerage.

The home was built in the 1920s and has been a family home and an office for the old nursery that's no longer operating. It is in a poor but liveable condition and comprises three bedrooms, an office and bathroom. It offers options of renovation, demolition or build your new home and decommission the existing home to make it an extra studio (STCA). Maybe just live in it while you build that magnificent dream home you have been thinking about.

Quality homes are being built in this pocket that will make it a prestigious location for years to come. 5 min walk to the villages, 50 minutes to Melbourne.
The shed is substantial and large, includes a loading bay, concrete floor and power. We even have a fuel bowser on the property just in case you need it.

This is possibly the last great vacant acre of flat land available in Olinda. On a sealed but quiet street in the heart of town.

Property History for 31 Olinda Cres, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Transferred
05 Mar 2024
  • 05 Mar 2024
    Transferred
  • 14 Apr 2022
    Sold for $890,000
  • 06 Apr 2022
    Listed for Sale $820,000 - $900,000

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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.