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Yarra Ranges Shire

Olinda

Olinda Property Market
& Suburb Profile

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MEDIAN PRICES IN OLINDA

Median house price

(all agencies, last 12 months)$1.1m*

House price change

(all agencies, last 12 months)+2.98%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

OLINDA price TRACKER

Houses

Olinda sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)31

Average held period in Olinda

(proptrack)7 years

Olinda Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$689pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$568pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.76%

Average rental yield for Units

(all agencies, last 12 months)4.29%

Olinda total population size

(as at the last census)1,773

Median household size in Olinda

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Olinda property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Olinda

  • Owned 85%
  • Rented 12%
  • Other/Not Stated 3%
  • Singles 23%
  • Families 75%
  • Other 3%

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About Olinda

Olinda is a town in the Victorian Dandenongs, located 36km east of Melbourne, and within the local government area of the Shire of Yarra Ranges. It is a popular weekend destination for tourists, with a variety of restaurants and cafes.

Olinda is a popular tourist destination in the Dandenong Ranges, home to cafes, restaurants, antique and craft shops, and numerous art galleries, showcasing local, national, and international artists in such areas as sculpture and painting. The town is surrounded by a number of walking trails and natural waterfalls, including the Olinda Falls & Cascade Walk. The Dandenong Ranges Botanic Garden is situated to the east of the town.

Olinda is well renowned for its collection of craft and antique shops, boutique restaurants and cafes which can be found at either of its two commercial centres - one at the junction of the road to Monbulk and the other at the turn-off for the Mount Dandenong peak at Ridge Road. Olinda also offers stylish accommodation establishments which are tucked away in secluded spots along the many forest roads in the area.

The Dandenong Ranges National Park covers a significant area of Olinda, and offers visitors many walking tracks, BBQ and picnic facilities, and natural attractions such as the Olinda Falls.

Many exquisite gardens can be found in Olinda. The National Rhododendron Gardens consist of 43 hectares of scenic parkland which feature blazing colours of daffodils, camellias, rhododendrons and azaleas during the Spring, set amongst lakes and lawns with lookouts, a cafe and display hall. To the east of the Rhododendron Gardens is the R.J. Hamer Arboretum which consists of a lookout and BBQ areas on Chalet Road and 120 hectares of native and exotic trees. Following Silvan Road north through fields of wildflowers into the Dandenong Ranges National Park takes visitors to the popular Valley Picnic Ground. Other worthwhile gardens to visit include the 11 hectare terraced Pirianda Garden and the Cloudehill Nursery which features formal gardens combined with a retail nursery.

The Olinda Golf Course is one of the most scenic golfing venues in the area, offering sweeping views down to the nearby Silvan Reservoir.

References: Travel Victoria, Wikipedia

Education

Olinda Primary School
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Olinda MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202557$544,5002.98%13$629pw4.03%
202437$543,7500.45%18$603pw4.01%
202334$541,2507.71%23$559pw3.67%
202242$502,500-14.82%15$509pw3.42%
202139$590,00044.79%18$440pw2.83%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202557$544,500+2.98%
202437$543,750+0.45%
202334$541,250+7.71%
202242$502,500-14.82%
202139$590,000+44.79%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202513$629pw4.03%
202418$603pw4.01%
202323$559pw3.67%
202215$509pw3.42%
202118$440pw2.83%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.