Yarra Ranges · 3788
Olinda, VIC
population +7.8% (5y), listings tightening 5.0% YoY.
NextSuburb scoreTier C
42Below trend
Median house
$780k
5y growth
0.9%/yr
Gross yield
2.7%
Vacancy
1.4%
Late-cycle holdLow confidence
Thin marketSmall sample sizes (~14 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)0.9%/yr9/100
- Population growth+7.8% (5y)78/100
- Supply tightening-5.0% YoY75/100
- Rental yield2.7%53/100
- Rental demand1.4% vacancy65/100
- Income growth+16.0% (5y)64/100
- Construction pipelineno nearby pipeline0/100
- Affordability48% under cap48/100
Why this score
Olinda scores 42/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 1.4% vacancy rate. The standout watch-out: 5-year growth of 0.9%/yr trails the national pace.
Drivers
- Population growth+7.8% (5y)
- Supply tightening-5.0% YoY
- Tight rentals1.4%
- Income growth+16.0% (5y)
Risks
- Modest 5y growth (0.9%/yr)
- No major construction project in this state
Nearest infrastructure
Suburban Rail Loop East — Glen Waverley18.8 km away
Construction · $5.0bn · completion 2035
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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