129 Olinda-Monbulk RoadOlinda VIC 3788
Property Details for 129 Olinda-Monbulk Rd, Olinda
Last Listing description (July 2023)
Presenting a rare opportunity to become the new custodians of an iconic landmark property with a rich history dating back to 1893. This distinguished Victorian weatherboard property is grandly positioned on the lush fertile soils of The Dandenong Ranges and is a testament to outstanding craftsmanship, a splendidly preserved example of the magnificent past, sensitively restored and reimagined ready for an exciting new chapter. Fondly known as Coonara Springs the home on seven heavenly acres showcases the magic and romance of a bygone era with just the right balance of farmhouse style blended with modern aesthetic to create a magical family haven. Filled to bursting with blooming rhododendrons, the established Edna Walling inspired landscaped gardens offer a choice of inimitable and intimate alfresco zones, unique trees, an indigenous billabong, meandering pathways and a kaleidoscope of different flora that make it a truly magical garden wonderland. Adding to the allure is a natural spring once esteemed by local indigenous clans for its healing powers and two acres of organic vegetable gardens and fruit trees.
History
Clothed in historical significance, the property combines the grandeur of the past with contemporary functionality and beautifully showcases authentic elements such as a magnificently restored Aga (the original cooking stove used by Mrs Bankin in the 1960s to make her famous scones), framed original menus, genuine crystal hanging chandeliers, red brick open fireplaces, and timber beams. Originally an early selector's house, the "Big Music Room" with its heart-warming fireplace of locally quarried stone was added by former opera singer, Grace Angelau in 1940. The property has significant associations with the growth of tourism in the Dandenongs from the 1920s, when it was run as Tea Gardens by Mrs Hall and Mrs Faulds and has associations with a number of prominent district people including Simeon Kent, teamster and timber worker during the 1890s and at the turn of the century; Frederick Le Juge, district baker and councillor after the First World War.
The Home
The homes layout offers flexibility to configure depending on your needs and could be reimagined to incorporate the following:
three bedrooms with a grand master bedroom wing with an ensuite, walk-in robe and retreat area where you can curl up with your favourite chapters.
A heart-warming chefs dream kitchen with AGA oven and a Butlers pantry.
A cellar and a bar to store and serve your favourite vintage drops.
Lavishly sized living area with dreamy vistas across Silvan Dam, the Yarra Valley and beyond on show from the adjacent dining room with built-in banquette
Sunny alfresco terrace for entertaining or daydreaming
A fireside lounge and sitting area allowing for informal or formal spaces
Stunning picture windows framing the glorious gardens and valley vistas from every room of the house.
A smoke house hand crafted by timber that has fallen on the property and a covered outdoor alfresco with wood smoked pizza oven and outdoor kitchen is also housed within the grounds.
Under house storage area with bathroom.
Abundant off-street parking
Ducted heating
In the past, the property has been used for intimate to large-scale events with restaurant seating for 40 people, a private function room and alfresco summer dining among the rolling lawns or enchanting gardens hugely popular with exclusive hire for weddings, conferences or other special events also an option. The property could easily be leased out or owner operated for profitable returns either way.
Ideally situated amongst stunning mountain and country views in a thriving peaceful community, this magnificent property is a short drive from an amazing array of world-renowned tourist attractions including Puffing Billy, Alfred Nicholas Memorial Garden, Tesselaar Tulip Festival, award winning vineyards, distilleries & mountainous forest walks.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Property History for 129 Olinda-Monbulk Rd, Olinda, VIC 3788
- 25 Jun 2022Sold for $2,200,000
- 21 Apr 2022Listed for Sale UNDER CONTRACT $1,990,000 - $2,198,000
- 28 Oct 2021Sold for $2,300,000
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0About 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 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 971 properties. Over the last 5 years, Houses in Olinda have seen a 16.24% increase in median value, while Units have seen a 105.75% increase. As at 31 December 2025:
- The median value for Houses in Olinda is $1,065,547 while the median value for Units is $1,267,680.
- Houses have a median rent of $795.
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