Back 49 Falls Road
Off Market

49 Falls Road

Kalorama VIC 3766

3
1
2
1161 m²
House
Last sold for $832,000
Ryan BellRyan Bell, last sold this property on 21 September 2025 after 12 days on market.

Overview

Character and Whimsy on Prized Falls Road

One of the original Dandenong Ranges cottages, “Lobelia Cottage” wears its circa 1926 history proudly while embracing the updates that make daily life effortless. Perched on a prized corner block of around a quarter-acre, the double storey home gazes north-east across the rolling Warburton Ranges, where clouds drift like theatre curtains and mornings glow in soft mountain light. Every element tells a story. From the original sash windows that frame leafy views, to the whimsical attic study perfect for a child’s hideaway or creative nook, the house invites imagination. Warmth radiates through the lounge, where polished timber floors and an open fireplace anchor family nights, and skylights illuminate the heartwarming interiors. Step out to an east facing deck to greet the day with a steaming cuppa or unwind as the sun sets. Pure magic. In the country style kitchen, European appliances meet tradition with a fully reconditioned wood oven, Belfast porcelain sink, and gleaming Bristan tapware. It’s the kind of kitchen that beckons for freshly baked delights that will fill the house with a sense of homemade comfort. The bathroom continues the period romance with a clawfoot bath, tessellated Italian tiles and pedestal basin - indulgent yet timeless. Two bedrooms (one on each level), plus a nursery/home office, make the home flexible for families or guests, while modern comforts such as new ducted gas heating, split systems, rewiring, and even a mains-to-generator switch keep everything seamlessly functional. Outside, the garden is a sanctuary for both adults and kids: flat play zones for swings and cubbies, a lock-up chicken coop/dog shed, and two parking areas. A 6x7m garage doubles as a tradie’s dream workshop, complete with verandah and ample power. Walk to Olinda Falls, wander the Arboretum, or nip down to village cafés where locals still greet you by name. It’s a community where the pace softens, neighbours wave, and your weekends feel like holidays. Whether you’re starting out, downsizing, or claiming a weekend retreat, Lobelia Cottage is an invitation to live where history, nature, and modern life meet in harmony. At a Glance: • Circa 1926 original Dandenong Ranges cottage on approx. 1,161sqm • Two spacious bedrooms + nursery + attic study/bedroom • Lounge with fireplace, dining zone, deck access • Country kitchen: induction cooktop, Miele oven, dishwasher, Belfast sink + reconditioned wood oven • Romantic bathroom: clawfoot bath, pedestal basin, tessellated tiles • Restumped, rewired, new switchboard + mains-to-generator switch (65KVA generator included) • New gas ducted heating + 2 split systems • Original sash windows, leadlight skylight, period-style fittings • 6x7m garage/workshop with verandah, sealed floor, abundant power • Chicken coop/dog shed, water tanks (22,000L combined), flat play areas for kids • Two parking zones for 3-4 cars • Walking distance to Olinda Falls, Arboretum, schools, shops, cafés, buses Disclaimer: All information provided has been obtained from sources we believe to be accurate. We accept no liability for any errors or omissions (including but not limited to a property's land size, floorplans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1161 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Kalorama over the last 12 months, the estimated median property value of 49 Falls Road is $940k.

Median value
$940k
Estimated value range
$615k - $1.04m
Median days on market
26
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kalorama. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 49 Falls Road

2025
Sold
$832,000
21 Sep 2025 by Ryan Bell, of Bell Real Estate Montrose
2015
Sold
Undisclosed
Private Sale/Treaty on 17 Dec 2015 by Carol Robertson

Happy sellers in Kalorama

<50%
50% of sellers in Kalorama reported that their sale price either exceeded or met their price expectations.

Kalorama stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Kalorama over the last 12 months.

Local market activity for 3 bedroom houses in Kalorama

In the last 12 months, 8 three-bedroom houses similar to 49 Falls Road, have been sold.

This represents a 33% decrease in three-bedroom houses sales when compared to the previous 12 months.

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