1/8 Olive Ave, Normanville is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1979. The property has a land size of 156m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
One of just two, the unit sits metres to the main street shopping and cafes of Normanville and is just a short stroll to the beach. Presenting as the ideal downsizer, offering vacant possession if you wish, or an investors dream with a long term tenant, yielding 4.5% return on your investment, the home delivers two very spacious bedrooms, generous open plan living along with secure garaging, complimented by an extra carport and a decent rear yard. But it really is.., all about the convenience!
Sited at the end of a very peaceful cul de sac, the front position delivers very easy access, along with endless off street parking for guests or added family toys. There is even room for the caravan!
Stepping into the residence itself and the space on offer is immediately on show, with a very roomy front lounge adjoining the dining area in open plan fashion.
The size of Normanville is approximately 18.7 square kilometres. It has 18 parks covering nearly 5% of total area. The population of Normanville in 2011 was 1,357 people. By 2016 the population was 1,617 showing a population growth of 19.2% in the area during that time. The predominant age group in Normanville is 60-69 years. Households in Normanville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Normanville work in a trades occupation. In 2011, 74.6% of the homes in Normanville were owner-occupied compared with 76.6% in 2016.
Normanville has 1,997 properties. Over the last 5 years, Houses in Normanville have seen a 87.48% increase in median value, while Units have seen a 41.63% increase. As at 31 July 2024:
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