For Sale

5 Vista Street, Olinda, Vic 3788

$640,000 - $700,000

House

Type

Bedrooms

Bathrooms

Parkings

1,989 m²

Area

Published on Friday, October 02, 2026 ( See property details for 5 Vista Street, Olinda, Vic 3788)

$640,000 - $700,000

View the agent price guide.

Jenni Nash Property Consultant

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Scott Allison Director & Licensed Estate Agent & Auctioneer

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile multi-storey home on a spacious 1,989sqm block backing onto reserve, offering endless renovation potential in a peaceful Olinda location.

🏡 Property Highlights

Prime 1,989sqm parcel backing onto Mount Dandenong Tourist Road Reserve
Multi-storey dwelling ripe for renovation or redevelopment (STCA)
Open plan timber kitchen with deck and garden views
Flexible rooms with potential for 5 bedrooms
Peaceful location on a no-through road close to Olinda and Sassafras
Original features including a wood fire in the lounge

✨ Key Features

Garage
Open-Plan Living
Built-in Robes
Waterfront / Views
Outdoor Area
Fireplace
Workshop
Large Laundry / Mudroom
Deck
Garden / Courtyard

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5 Vista Street

Olinda, VIC 3788

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Suburb and Property Insights of Olinda, VIC 3788

Olinda is a charming suburb renowned for its lush natural surroundings, tranquil lifestyle, and proximity to Mount Dandenong. It offers a vibrant community atmosphere, excellent local schools, and easy access to outdoor recreational activities. The area features picturesque streets, boutique shopping, and a variety of cafes, making it ideal for families and nature lovers alike.

Frequently Asked Questions

What is the condition of the property and what renovation options are available?

The property is in original condition and offers a blank canvas for renovation or redevelopment (STCA), allowing new owners to personalise and modernise the home to their preferences.

Is there potential to add more bedrooms or expand the existing layout?

Yes, the flexible rooms provide potential for up to five bedrooms, subject to council approval and planning regulations.

What are the key features of the outdoor space?

The property features a spacious garden backing onto reserve, a deck with garden views, and a freestanding single garage or shed, perfect for outdoor living and storage.

How accessible is the property to local amenities and transport?

The property offers easy access to Olinda and Sassafras townships, with nearby transport, shopping, and schools, making it ideal for families and commuters.

Are there any restrictions or planning considerations for redevelopment?

Any redevelopment or renovation plans are subject to council approval and planning regulations, with potential for STCA (Subject to Council Approval).

What to ask about this property to agent?

Are there any existing planning restrictions or zoning limitations that could affect redevelopment plans? Has the property been tested for any environmental issues, such as soil stability or bushfire risk? Are there any easements, covenants, or other legal restrictions on the land? What are the potential costs involved in restoring or renovating the property? Is there any history of flooding or drainage issues on the property? Are there any upcoming planning or development projects in the area that could impact the property’s value or environment? What are the council rates and any additional levies or fees applicable? Are there any known structural issues or defects with the existing dwelling? Is the property compliant with current building codes and safety standards? What are the long-term prospects for value appreciation in this neighbourhood?

5 Vista Street, Olinda, Vic 3788 - More Details

$640,000 - $700,000

Peacefully neighbouring Mount Dandenong Tourist Road Reserve and charming Cassells Creek, this near quarter-acre property is both picturesque and promising. Filled with cherished family memories of endless outdoor exploring and now ready for new owners to make it their own, this is an opportunity to create something special.

This multi-storey dwelling has been stripped back to basics, allowing a new visionary to reconfigure the floorplan and reinstate its character. The lounge with wood fire is on the entry level, while the open plan kitchen and dining area sits upstairs to allow direct access to the deck with garden views. With blank canvas bedrooms on each level plus a large laundry/mudroom with adjoining bathroom, there are endless ways to make this home work for you.

Outside, the garden with freestanding single garage could also be restored to its former glory. Nestled on a peaceful, no-through road moments from Olinda and Sassafras townships, transport, shopping, and schools, this unique opportunity also secures prime position. Plan your viewing today.

• 1,989sqm (approx.) property backing onto reserve
• Multi-storey dwelling ripe for renovation or redevelopment (STCA)
• Entry level lounge with wood fire
• Open plan timber kitchen overlooking the meals area and deck
• Flexible, blank canvas rooms with potential for 5 bedrooms
• Original bathroom and large mudroom/laundry
• Freestanding single garage/shed
• Easy access to Olinda and Sassafras townships.

Type: House
Bedrooms: 5
Bathrooms: 1
Parkings: 1
Area: 1,989 m²
House Size: 187 m²

Price guide

View Statement Of Information

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Map & nearby places — 5 Vista Street, Olinda, Vic 3788

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5 Vista Street, Olinda, Vic 3788

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