Side by sideSuburb comparison

Olinda vs Mount Dandenong.

Comparing two suburbs with median house prices of $942,500 and $1,100,000. Olinda edges out on more headline metrics in this comparison.

Olinda (median $942,500) is roughly 14% cheaper to buy into than Mount Dandenong ($1,100,000).

Olinda scores higher on walkability (48/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Olinda (1057) sits above Mount Dandenong (1032).

The takeWhich suburb suits which buyer

For buyers

Olinda is the lower entry point at $942,500 median, 14% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Olinda offers the higher gross rental yield (2.20% vs 1.96%), favouring cash-flow investors.

For families

Olinda edges out on average school ICSEA (1057 vs 1032).

Common questionsOlinda vs Mount Dandenong

Common questions

Is Olinda or Mount Dandenong cheaper to buy in?

Olinda has the lower median house price at $942,500, roughly 14% below Mount Dandenong ($1,100,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Olinda or Mount Dandenong have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Olinda scores 1057 vs 1032 in Mount Dandenong. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Olinda or Mount Dandenong?

Olinda scores 48/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Olinda or Mount Dandenong?

Gross rental yield on houses is 2.20% in Olinda vs 1.96% in Mount Dandenong. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Olinda
Metric
Mount Dandenong

Price & Market

$942,500
Median house
$1,100,000
$316,800
Median unit
$343,440
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$398/wk
Rent (house / wk)
$415/wk
$338/wk
Rent (unit / wk)
$415/wk
Owner occupied
91.0%
Renter occupied
9.0%

Lifestyle & Demographics

48
Walk score
0
0
Transit score
0
25
Bike score
10
1,773
Population
1,271
45
Median age
45

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1057
Avg ICSEA
1032

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).