4 Sunset AvenueOlinda VIC 3788
Property Details for 4 Sunset Ave, Olinda
Last Listing description (January 2013)
Commercial Land Business 4 Zone
Positioned adjacent to the busy IGA Supermarket and commercial strip opposite the Mt Dandenong Hotel, this is the main Commercial/Retail hub for Olinda and Mt Dandenong, with high volumes of both local and tourist traffic. Front and rear access make this land ideal to split the use – either Business/Residential or separate Commercial uses.
Flat useable cleared land (1160m2) – over ¼ acre, with permitted uses including - Mail Centre, Restricted Retail, Trade Supplies or Warehouse. A permit is required for a Caretakers Residence, Convenience Shop, Motel, Place of Assembly or Shipping Container Storage. This may be the last opportunity to purchase land of this type in this area.
Property History for 4 Sunset Ave, Olinda, VIC 3788
- 20 Oct 2012Sold for $265,000
- 29 Aug 2012Listed for Sale SOLD AT AUCTION
- 05 Jan 2005Sold for $156,000
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0About 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.
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