34 Mernda Road, Olinda, VIC 3788 | Property Value & History | OnTheHouse
 
FOR SALE

34 Mernda Road
Olinda VIC 3788

Bedrooms: 4
Bathrooms: 4
Car spaces: 10
Land area: 3969m2
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This property is currently on the market
There are homes you visit, then there are places you feel.
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Property Details for 34 Mernda Rd, Olinda

34 Mernda Rd, Olinda is a 4 bedroom, 4 bathroom House with 10 parking spaces and was built in 1998. The property has a land size of 3969m2.This Property is currently listed for sale with Missell Property Group

Building Type
House
Year Built
1998
Land Size
3969m2
Local Government
Yarra Ranges
Lot/Plan
36/LP10975

Last Listing description (March 2026)

There are homes you visit and then there are places you feel.

Tucked quietly behind private gates at 34 Mernda Road, Olinda, Tallawalla invites you into a different pace of life, where mornings begin with birdsong, afternoons drift through sunlit gardens, and evenings settle in with a sense of calm that only the Hills can offer.

Set across an expansive 3,969m (approx.) of rare, some flat, usable land, this is more than a home, its a lifestyle canvas, where every path, every window, every space tells a story of flexibility, connection, and possibility.

Picture this

You wake in the main residence, soft light spilling through timber sash windows. A coffee in hand, you step out onto the balcony, overlooking established gardens that feel a world away from everything.

Inside, the home unfolds with warmth and character, multiple living zones to gather, retreat, and reconnect. A crackling wood fire in the formal lounge. A beautifully appointed kitchen where family naturally comes together. Spaces that feel both refined and effortlessly liveable.

But what truly sets this property apart is what lies beyond.

A second home, not just an addition, but an opportunity.

Privately positioned, completely independent, and designed to function as a true residence, the second dwelling opens up a world of possibilities.

Imagine:
Welcoming extended family while maintaining complete privacy
Giving adult children their own space, yet keeping them close
Generating a consistent rental return
Creating a highly desirable Airbnb retreat in the heart of the Dandenong Ranges
Or simply living in one and leasing the other to offset your lifestyle

Its rare to find this level of genuine separation and flexibility, where two homes coexist, yet each retains its own identity.

And then theres the land.

Flat, usable, and incredibly scarce for this part of Olinda, its space you dont just admire its space you use.

Children playing on open lawns. Long lunches that turn into evenings under the trees. The potential to expand, enhance, or simply enjoy as it is.

All just minutes from Olinda Village, where cafs, boutique shops, and walking trails remind you why people fall in love with this part of the world in the first place.

This is where lifestyle meets opportunity.

A home for now.
An investment in your future.
A place that adapts as your life evolves.

Because properties like this dont just offer features, they offer freedom.

Walk the gardens. Step inside both homes.
And experience what life at Tallawalla could truly become.

For further information contact Craig Missell on 0437 321 333.

PLEASE NOTE: I.D is required to enter and view this property. Thank you for your understanding.

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Property History for 34 Mernda Rd, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Sold
$880,000
15 Jun 2015
  • 20 Nov 2025
    Listed for Sale $1,380,000 - $1,420,000
  • 15 Jun 2015
    Sold for $880,000
  • 06 Feb 2015
    Listed for Sale $795,000 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 972 properties. Over the last 5 years, Houses in Olinda have seen a 11.92% increase in median value, while Units have seen a 105.25% increase. As at 28 February 2026:

  • The median value for Houses in Olinda is $1,080,820 while the median value for Units is $1,283,533.
  • Houses have a median rent of $795.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Olinda on OnTheHouse. According to Cotality's data, 51 properties were sold in the past 12 months in Olinda.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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