OFF MARKET

665 Basin-Olinda Road
Olinda VIC 3788

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 6297m2
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Property Details for 665 Basin-Olinda Rd, Olinda

665 Basin-Olinda Rd, Olinda is a 4 bedroom, 2 bathroom House and was built in 1985. The property has a land size of 6297m2. While the property is not currently for sale or for rent, it was last sold in June 2013.

Building Type
House
Year Built
1985
Land Size
6297m2
Local Government
Yarra Ranges
Lot/Plan
1/LP63395

Last Listing description (July 2013)

Boasting breath taking million dollar uninterrupted views of the Melbourne City Skyline and Port Phillip Bay is this lovely character weatherboard home located literally a 1 minute walk from the bustling Mt Dandenong Village. This is arguably the best location to live in Mt Dandenong.

The land alone consists of five separate titles, is bound by National Park on two sides, offers dual street frontages and provides excellent opportunities for developers (STCA), investors, home owners or the astute business person looking to create (STCA) what would without doubt be literally the best positioned Bed and Breakfast on the mountain given the views, surrounds and proximity to the Village.


The home itself is freshly painted, features an excellent floor plan and oozes warmth as you make your way into the timber lined and spacious L shaped lounge and dining area. Spend winters curled up in front of the roaring fire with a glass of good wine as you watch the storms and the ships roll in across the bay. The open plan timber kitchen offers new appliances, ample storage and a plethora of inspiration as it frames more of those great views.

The master bedroom is well proportioned and enjoys a walk through robe that leads to your own bathroom. The three other bedrooms at the opposite end of the house provide the new owners with a number of options that could combine multiple childrens rooms, coupled with the option of a guest room or a study. Here you will also find a lovely light filled second bathroom and separate toilet

Look for split system Daiken Inverter heating/ cooling, timber floorboards, a newly restored roof and a great decking area that seems almost purpose built for the ultimate New Years Eve party to treat guests to their very own fireworks spectacular.

The manicured lawns and surrounding gardens are home to a variety of native fauna including a family of Fallow Deer, Lyrebirds and Wallabies.

Whilst extremely private this property will not only provide the new owners with a home but also a lifestyle that places all the amazing restaurants, cafes, parks, schools and local shops almost at their doorstep.

Having been hotly sought after for the last 30 years it is with great pleasure that we finally make this property available to the open market. The choice is yours.do nothing more than move in and enjoy the life or capitalise and turn the property into a gold mine. Either way be quick because an opportunity such as this only comes along once in a life time!

Property History for 665 Basin-Olinda Rd, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Sold
$537,500
23 Jun 2013
  • 23 Jun 2013
    Sold for $537,500
  • 22 Mar 2013
    Listed for Sale OFFERS OVER $500,000
  • 24 Feb 2009
    Sold for $490,000

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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 965 properties. Over the last 5 years, Houses in Olinda have seen a 38.94% increase in median value, while Units have seen a 61.46% increase. As at 30 September 2024:

  • The median value for Houses in Olinda is $1,098,042 while the median value for Units is $999,614.
  • Houses have a median rent of $700.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Olinda on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Olinda.

Suburb Insights for Olinda 3788

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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.