Thinking about buying in Olinda? Now could not be a better time, with 1123 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,428,000 with prices in this suburb ranging from $462,000 to $3,886,000. The aproximate distance to the coast is 28 Km.
Median Weekly Rent | $378.00 |
Median Monthly Mortgage | $2250.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 44.50 |
Average Income | $893.00 |
Average Cars Per Dwelling | 2.06 |
Average Properties Within 50M | 5 |
1 Bed  $1,450,000 |
2 Bed  $900,000 |
3 Bed  $1,265,000 |
4 Bed  $1,526,000 |
5 Bed  $1,857,000 |
6 Bed+$1,851,000 |
Consistent high demand relative to supply is a key feature in Olinda driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Olinda ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Olinda provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Olinda necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Olinda we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Olinda a better buying opportunity than it may have been in the past.
1493 mount dandenong tourist rd, olinda, vic, 3788 | 3 | 1 | 1 | For Sale $750,000 - $810,000 | |
450 mount dandenong tourist rd, olinda, vic, 3788 | 4 | 2 | 2 | For Sale $1,050,000 - $1,155,000 | |
unit 1, 26 olinda-monbulk rd, olinda, vic, 3788 | 10 | 6 | Sold $841,000 | ||
19 perrins creek rd, olinda, vic, 3788 | 4 | 2 | 2 | For Sale $820,000 - $880,000 | |
30 old coonara rd, olinda, vic, 3788 | 4 | 1 | 1 | Auction 21st December at 11:00am | |
8 dulcie domum rd, olinda, vic, 3788 | 8 | 4 | 5 | For Sale $1,500,000 - $1,650,000 | |
43 olinda-monbulk rd, olinda, vic, 3788 | For Sale $1,820,000 - $1,970,000 + GST | ||||
13 warwick farm rd, olinda, vic, 3788 | 12 | 5 | 7 | For Sale $1,900,000 - $2,090,000 |
Olinda Primary School
Sassafras Primary School
Mount Dandenong Primary School
St Paul's School
Kallista Primary School
The Patch Primary School
Sherbrooke Community School
Monbulk Primary School
Silvan Primary School
(While the above schools are located with the suburb of Olinda there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.1 | 13.1 | 24.6 | 43.5 | 90.7 | 1.8 | 23.4 |
Feb | 2.4 | 13.1 | 24.1 | 44.7 | 90.3 | 1.7 | 19.7 |
Mar | 2.7 | 12.1 | 21.2 | 50.5 | 90.7 | 1.6 | 14.6 |
Apr | 4.0 | 9.8 | 16.7 | 59.8 | 91.8 | 1.4 | 10.9 |
May | 4.3 | 7.7 | 12.8 | 67.1 | 92.3 | 1.5 | 7.1 |
Jun | 3.6 | 5.8 | 10.4 | 72.4 | 94.3 | 1.5 | 6.5 |
Jul | 3.7 | 5.2 | 9.7 | 71.5 | 94.2 | 1.9 | 6.7 |
Aug | 4.1 | 5.0 | 10.6 | 64.9 | 93.7 | 1.8 | 9.0 |
Sept | 3.3 | 6.8 | 13.9 | 57.2 | 92.5 | 1.7 | 13.4 |
Oct | 3.3 | 8.6 | 17.6 | 51.9 | 91.9 | 1.7 | 17.7 |
Nov | 4.1 | 9.7 | 19.5 | 48.7 | 94.0 | 1.6 | 21.0 |
Dec | 2.1 | 11.6 | 22.6 | 46.4 | 91.4 | 1.6 | 24.5 |
source: Australian Government Bureau of Meteorology
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