OFF MARKET

27 Olive Street
Burnie TAS 7320

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 170m2
Land area: 562m2
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Property Details for 27 Olive St, Burnie

27 Olive St, Burnie is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1972. The property has a land size of 562m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
House
Year Built
1972
Floor Size
170m2
Land Size
562m2
Local Government
Burnie
Lot/Plan
4/55929

Last Listing description (August 2016)

Inner city living on a quiet residential street, elevated to enjoy the nearby ocean views, 100 metres from the beautiful city park and only a few minutes walk from the city centre and patrolled beach.
A gorgeous example of an elegant and particularly well built 1950 s home.
North facing, catching all day sun, lovingly maintained, fresh and bright through-out, alfresco balcony, relaxing sunroom observatory, updated bathroom, multiple sitting/living areas, polished floorboards, built-in robes, heat pump, renewed roof, auto door garage and attractive picket fence.

The neatly terraced and pet friendly rear yard features a large paved entertainment patio and private pedestrian access from the street behind.
A partially developed storage area below the home has terrific potential. A quick stroll home from the beach, then relax and watch the whales passing by.

Property History for 27 Olive St, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$343,000
25 Feb 2016
  • 25 Feb 2016
    Sold for $343,000
  • 22 Feb 2016
    Listed for Sale Not Disclosed
  • 11 Mar 1989
    Sold for $66,000

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About Burnie 7320

The size of Burnie is approximately 1.4 square kilometres. It has 3 parks covering nearly 7.6% of total area. The population of Burnie in 2011 was 696 people. By 2016 the population was 616 showing a population decline of 11.5% in the area during that time. The predominant age group in Burnie is 60-69 years. Households in Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Burnie work in a professional occupation. In 2011, 43.8% of the homes in Burnie were owner-occupied compared with 46.3% in 2016.

Burnie has 867 properties. Over the last 5 years, Houses in Burnie have seen a 80.04% increase in median value, while Units have seen a 64.00% increase. As at 31 October 2024:

  • The median value for Houses in Burnie is $455,105 while the median value for Units is $341,956.
  • Houses have a median rent of $370 while Units have a median rent of $278.
There are currently 13 properties listed for sale, and no properties listed for rent in Burnie on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Burnie.

Suburb Insights for Burnie 7320

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.