48 Upper Coonara Rd, Olinda is a 1 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 21300m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Discerning buyers with the desire to create their dream home will find no better outlook than this. With views spanning nearly 90 kilometers over rolling pastures and native landscape, you will never tire of this vantage point evolving throughout the seasons.
Over 5 acres awaits you, with a long drive culminating in an expansive level lawn ideal as a new house site. Currently home to a cozy 3 bedroom cottage and enormous greenhouse/workshop, the mature meandering gardens are the perfect landscape to surround your new home. Japanese gardens, stone pathways and steps, and the unsurpassed view, ensure this is practical as it is picturesque.
Additionally, a planning permit and current plans for an octagonal 2-storey Japenese-inspired home to complement the natural surrounds and are on offer to the new owners of this beautiful piece of the Dandenong Ranges.
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:
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