OFF MARKET

31 Olive Street
Burnie TAS 7320

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 94m2
Land area: 586m2
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Last updated 28 Oct 2024
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Property Details for 31 Olive St, Burnie

31 Olive St, Burnie is a 2 bedroom, 1 bathroom House and was built in 1957. The property has a land size of 586m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1957
Floor Size
94m2
Land Size
586m2
Local Government
Burnie
Lot/Plan
2/55929

Last Listing description (August 2024)

This neat and tidy 2 bedroom home is located a short distance walk to the local Burnie park, CBD, local restaurants and the beach front boardwalk. Both Bedrooms offering built in robes and getting stunning ocean views overlooking West Park Grove Oval from the lounge room and one of the bedrooms. Outside, there's a single garage underneath along with space to in the driveway to park with off street parking available, there's a workshop space and under house storage.

Property Features:
- 2 Bedrooms with built in wardrobes

- Reverse cycle heat pump
- Open plan living/dining
- Separate toilet to bathroom
- Ocean Views
- Close to local Park
- Short walking distance to beach front board walk & CBD

Lease details:
- 12 Months Preferred

Once your application and supporting documents have been received, we will be in touch as your application progresses through the system and to arrange an inspection.

Property History for 31 Olive St, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$405,000
08 May 2023
Listed for Rent
$370/w
05 Jul 2024
  • 05 Jul 2024
    Listed for Rent $370 / week
  • 19 Jun 2023
    Listed for Rent $350 / week
  • 08 May 2023
    Sold for $405,000
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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 866 properties. Over the last 5 years, Houses in Burnie have seen a 86.82% increase in median value, while Units have seen a 53.46% increase. As at 30 September 2024:

  • The median value for Houses in Burnie is $461,442 while the median value for Units is $339,886.
  • Houses have a median rent of $400 while Units have a median rent of $278.
There are currently 11 properties listed for sale, and no properties listed for rent in Burnie on OnTheHouse. According to CoreLogic's data, 29 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.