164-166 Falls Road, Olinda, VIC 3788 sold on 02 September 2025 | OnTheHouse
 
SOLD
Sold on 02 Sep 2025 for $2,400,000

164-166 Falls Road
Olinda VIC 3788

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
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Property Details for 164-166 Falls Rd, Olinda

Building Type
Rural
Year Built
2023
Local Government
Yarra Ranges
Lot/Plan
1/TP329164

Last Listing description (September 2016)

Prime Location ,Huge land size of 18,064sqm.

This rare and gorgeous parcel of land ticks all the boxes and is one of very few undeveloped flat blocks remaining in Olinda. Only 36 Km from Melbourne CBD
Located opposite the world famous Rhododendron gardens and accessed via its own Rhododendron lined driveway that opens onto a private flat oasis. Bathed in full sun the top 2.5 acres approx. is level with a sprinkling of mature exotic deciduous trees (a great basis for an extended garden) whilst the lower 2 acres approx. would work well for a pony or for just that extra bit of land to play in.
A house site is already cut in and the bonus shed / garage is perfect to use for storage while you build.

Private and serene with all the birdlife that makes living in the Dandenong Ranges so special. Walking distance to the shops, cafes and restaurants; an added benefit that cannot be understated.
A magic piece of land offering an ideal investment whether you choose to build a modest home, a lifestyle retreat or an executive property.
Please include your phone number with your enquiry.

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Property History for 164-166 Falls Rd, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Sold
$2,400,000
02 Sep 2025
  • 10 Jun 2016
    Listed for Sale MUST SELL, MAKE AN OFFER
  • 19 Jan 2016
    Sold - Price Undisclosed
  • 30 Nov 2015
    Listed for Sale $580,000 plus
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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 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 17.33% increase in median value, while Units have seen a 140.26% increase. As at 30 November 2025:

  • The median value for Houses in Olinda is $1,052,108 while the median value for Units is $1,336,574.
  • Houses have a median rent of $815.
There are currently 10 properties listed for sale, and 1 property listed for rent in Olinda on OnTheHouse. According to Cotality's data, 58 properties were sold in the past 12 months in Olinda.

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