81 The Crescent, Olinda, VIC 3788 | Property Value & History | OnTheHouse
 
OFF MARKET

81 The Crescent
Olinda VIC 3788

Bedrooms: 8
Bathrooms: 9
Car spaces: 9
Floor area: 50m2
Land area: 6048m2
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Last updated 22 Dec 2025
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Property Details for 81 The Crescent, Olinda

81 The Crescent, Olinda is a 8 bedroom, 9 bathroom House with 9 parking spaces. The property has a land size of 6048m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Floor Size
50m2
Land Size
6048m2
Local Government
Yarra Ranges
Lot/Plan
1/TP85030

Last Listing description (December 2024)

Monreale House is a unique lifestyle experience wrapped in a thriving business opportunity; nestled on a little over 2 acres of private, verdant gardens hosting a substantial main residence and four exquisitely designed guest cottages dotted amidst the rainforest landscape.

Located in Sassafras, in the Dandenong Ranges, Monreale House was built in 1923 and has been a guest house for most of its history.

The main residence has been extensively renovated, whilst retaining its original character and timeless charm. Spanning three levels, the floor plan offers a variety of options and ensures the ability to welcome guests whilst also creating a private haven for the custodians of Monreale to enjoy in peace. Consisting of formal and informal living and dining, sunroom, gourmet kitchen with plenty of storage to support the commercial side of the property. Generous accommodations include four bedrooms, with two on the main level and a further two bedrooms positioned on the third level, in the fully self-contained apartment.

Nestled around the grounds the four impeccably presented and fully self-contained cottages feature custom inclusions and superior attention to detail, with each cottage individually designed for maximum privacy and experience; from crackling wood fires and comfy lounges, deep soaker tubs and snuggle-in beds lofty with luscious linens; every aspect has been thoughtfully considered for a superior guest experience, with consistent five-star reviews and repeat clientele a testament to the property and hospitality.

Operating as a premier bed and breakfast destination, the property is well designed with off-street guest parking, yoga room, gym, orchard, chicken coop and wood sheds located around the fully landscaped and private garden sanctuary. The main residence offers hydronic heating, a separate reception area for guest check-in and private staff access to the wine cellar, laundry, pantry and linen store.

YOU'LL LOVE:

*What they have planned at the old Burnham Beeches site across the road. Just google "Burnham Beeches Development"...!

* Charming villages of Sassafras, Olinda & Kallista with their interesting & quirky shops, cafes, bakeries, restaurants and pubs are within a short drive.

* Tourist attractions including the Alfred Nicholas Memorial Gardens,
Cloudhill Gardens & Diggers Club close by.

LOCAL'S SECRET:

* Pop in to see Oska at his Iconic Truffaux Hat store in Olinda for an amazing collection of panamas and more

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Property History for 81 The Crescent, Olinda, VIC 3788

A timeline of how this property has performed in the market
Last Sold
$2,725,000
23 Nov 2023
  • 23 Nov 2023
    Sold for $2,725,000
  • 15 Jun 2023
    Listed for Sale $2,750,000 - $2,850,000
  • 22 Oct 2019
    Sold for $1,188,000
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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, 59 properties were sold in the past 12 months in Olinda.

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© Copyright 2025. 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.

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