SOLD
RECENT ADVICE
Sold on 28 May 2024 for $590,000

4 Victor Street
Olinda VIC 3788

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2603m2
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Property Details for 4 Victor St, Olinda

Building Type
Land
Land Size
2603m2

Last Listing description (May 2024)

Discover the perfect canvas for your dream home on this stunning 2,603m2 sunny allotment nestled in the heart of Olinda. This picturesque block of land is a true gem, offering a unique opportunity to embrace the natural beauty and tranquillity of this sought-after locale.
With a current planning permit for a 3-bedroom, 2-bathroom home, your dream home is closer to reality than ever before. The permit is valid until mid-2024, offering you ample time to bring your vision to life. Whether you're an architect, designer, or simply someone with a dream, this opportunity is perfect for those who yearn for a custom-built home designed to their exact specifications.
This exceptional block of land is nestled amidst a neighbourhood of quality homes, ensuring that your investment blends seamlessly into the upscale, picturesque Olinda community. You'll be joining a community that appreciates the finer things in life and values the natural beauty that surrounds them.

Imagine waking up to the sight of vibrant blooms and the soothing rustle of leaves right in your own backyard with the splendour of mature rhododendrons, magnolias, silver birch trees, Japanese Maples, Copper Beech and lush ferns. The garden is a masterpiece in itself, providing an enchanting backdrop for your future abode.
This prime piece of land is conveniently situated near the charming Olinda Township. Here, you can enjoy the benefits of a close-knit community while having easy access to shops, cafes, restaurants, and local attractions. It's the ideal location for those who appreciate both convenience and the tranquillity of nature.
Don't miss the chance to secure your slice of Olinda paradise. Embrace the serenity, beauty, and potential this property offers. Create the home you've always dreamed of in this enchanting setting. Act now, as opportunities like this are rare and highly sought after.

Property History for 4 Victor St, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Sold
$590,000
28 May 2024
  • 30 May 2024
    Sold for $590,000
  • 25 Sep 2023
    Listed for Sale $600,000 - $660,000
  • 16 Apr 2019
    Sold for $550,000
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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 32.89% increase in median value, while Units have seen a 101.32% increase. As at 30 November 2024:

  • The median value for Houses in Olinda is $1,085,677 while the median value for Units is $875,668.
  • Houses have a median rent of $750.
There are currently 17 properties listed for sale, and 1 property listed for rent in Olinda on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Olinda.

Suburb Insights for Olinda 3788

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Riley Nicholas
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Barry Plant - Emerald
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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.