168-172 Falls Road, Olinda, VIC 3788 | House for sale | OnTheHouse
 
FOR SALE
$2,900,000 - $3,150,000

168-172 Falls Road
Olinda VIC 3788

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Land area: 2ha
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“The Georgian”: Five-acre botanical estate with history, heart and income potential

INSPECTION BY APPOINTMENT ONLY
Carrying a quiet sense of legacy and set across five breathtaking acres opposite the National Rhododendron Gardens, this private century-old estate in the heart of the Dandenong Ranges is a place where history lingers among the trees and every path leads to something quietly magical.
Once home to “The Georgian” guesthouse circa 1920 - celebrated as one of the most charming stays in the Blue Dandenongs - the property has since been thoughtfully reimagined following its loss to fire in 1965. Today, it presents a rare opportunity to steward a piece of local history, with two beautifully renovated residences, studios and outbuildings set within botanically significant gardens more than a century in the making.
Beyond the remote-controlled gates, meandering stone paths draw you deeper into the landscape. The gardens unfold like a series of outdoor rooms - sweeping lawns, ancient rhododendrons and azaleas, a magnificent tulip tree (believed to be one of Australia's oldest), and Edna Walling-inspired stonework weaving quiet structure through the softness. Spruce, silver birch and elm rise above layered plantings - just a glimpse of this extraordinary botanical tapestry.
The main residence sits effortlessly within its surroundings, designed to honour the land while embracing light and garden at every turn. Double-glazed windows frame greenery throughout, while interiors reveal a beautifully eclectic palette of reclaimed timbers, recycled materials and handcrafted finishes - each piece carrying its own story.
The main lounge is captivating - double-height timber-lined ceilings rising above a custom copper fireplace, with expansive glazing drawing the eye across the south lawn. A space for gathering, unwinding and watching the light and seasons shift.
At its heart, the kitchen, living and meals zone hums with warmth and connection. Timber floors glow beneath skylights, while a breakfast nook invites slow mornings. A generous walk-in pantry and bespoke reclaimed cabinetry sit alongside an antique island workbench and a showpiece dual-fuel cast iron AGA - equal parts function and conversation piece.
The adjoining dining space, warmed by a Coonara wood-fired heater, flows outward via bi-folds to a north-facing semi-covered deck with louvred roof and hot tub - where indoor and outdoor living become one.
Accommodation includes three light-filled bedrooms, with a serene main suite featuring expansive robes and a rustic ensuite centred around a clawfoot bath. The main bathroom leans subtly art deco, with a pedestal basin and chandelier adding a touch of quiet glamour.
Privately positioned, the second residence – an inspiring conversion of the original stables - offers open plan living with wood fire and garden outlooks, ideal for guests, extended family or boutique rental.
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Property Details for 168-172 Falls Rd, Olinda

168-172 Falls Rd, Olinda is a 6 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 2ha. The place is currently for sale with Bell Real Estate - OLINDA and BELGRAVE.

Building Type
House
Land Size
2ha
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About Olinda 3788

The size of Olinda is approximately 17.9 square kilometres. There are 23 parks, covering nearly 101.6% of the total area. The population of Olinda in 2016 was 1738 people. By 2021 the population was 1773 showing a population growth of 2.0% in the area during that time. The predominant age group in Olinda is 60-69 years. Households in Olinda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Olinda work in a professional occupation.In 2021, 85.20% of the homes in Olinda were owner-occupied compared with 82.90% in 2016.

Olinda has 972 properties. Over the last 5 years, Houses in Olinda have seen a -2.90% decrease in median value, while Units have seen a 132.01% increase. As at 31 July 2026:

  • The median value for Houses in Olinda is $1,032,701 while the median value for Units is $1,195,539.
  • Houses have a median rent of $750.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Olinda on OnTheHouse. According to Cotality's data, 43 properties were sold in the past 12 months in Olinda.

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Zac Bell
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Amanda Rakusic
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Bell Real Estate - OLINDA and BELGRAVE
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