SOLD
Sold on 22 May 2024 for $11,000,000

23 Olola Avenue
Vaucluse NSW 2030

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1342m2
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Property Details for 23 Olola Ave, Vaucluse

23 Olola Ave, Vaucluse is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1342m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Vaucluse in the last 12 months.

Building Type
House
Land Size
1342m2
Local Government
Woollahra
Lot/Plan
69/1/DP9328

Last Listing description (November 2023)

Situated on the high side of a quiet, tree lined avenue this substantial, solidly constructed home in original condition occupies 1359 sqm (approx.) of land.

The home presents an opportunity for a visionary buyer to either develop or add additional storeys that will take advantage of its wonderful position, subject to council approval (STCA). Due to its location opposite Vaucluse Park, 23 Olola Avenue will never be built out.

Enjoying a north facing position, the home luxuriates in sunshine and is bright throughout the day. Best of all, the property is close to the harbour foreshore and its enviable position offers a wide choice in terms of beach access, with Vaucluse Bay, Nielsen Park and Parsley Bay all within 1.4km from the doorstep. Conveniently located in a dress circle position in the middle of a lucky horseshoe shaped tree lined avenue with a public park opposite.

- 1930's Californian bungalow
- Tiered, landscaped gardens enjoy northerly sunshine and form a welcoming entrance to the home
- Entry hall flows to formal reception room with a central fireplace, beamed ceilings and intricate period details
- Formal dining room with double doors open out to a covered balcony with timber floorboards and views over Vaucluse Park
- Three double bedrooms including generous sized master with walk-in dressing room and a basin, plus a separate study alcove near the front door
- Well equipped, original gas kitchen with plentiful storage leads to laundry area and access to sun trapped, rear courtyard area
- Large, family sized bathroom in original condition with bathtub and integrated shower
- Separate sunroom with door opening to courtyard and rear gardens
- Additional hall storage spaces plus cavernous, cool and dry under house basement area
- Single car garage
- Surrounded by front and rear gardens spanning 1,359sqm (approx.) of land
- Close to harbour foreshore beaches and parks, schools, shops and transport

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Property History for 23 Olola Ave, Vaucluse, NSW 2030

A timeline of how this property has performed in the market
Last Sold
$11,000,000
22 May 2024
  • 22 May 2024
    Sold for $11,000,000
  • 30 Oct 2023
    Listed for Sale Expressions of Interest
  • 09 Aug 2022
    Sold

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About Vaucluse 2030

The size of Vaucluse is approximately 3.1 square kilometres. It has 16 parks covering nearly 27% of total area. The population of Vaucluse in 2011 was 9,050 people. By 2016 the population was 9,337 showing a population growth of 3.2% in the area during that time. The predominant age group in Vaucluse is 10-19 years. Households in Vaucluse are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Vaucluse work in a professional occupation. In 2011, 70.7% of the homes in Vaucluse were owner-occupied compared with 70.7% in 2016.

Vaucluse has 4,535 properties. Over the last 5 years, Houses in Vaucluse have seen a 70.95% increase in median value, while Units have seen a 25.48% increase. As at 31 October 2024:

  • The median value for Houses in Vaucluse is $8,799,505 while the median value for Units is $1,493,304.
  • Houses have a median rent of $2,800 while Units have a median rent of $910.
There are currently 28 properties listed for sale, and 13 properties listed for rent in Vaucluse on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Vaucluse.

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