SOLD
Sold on 01 Jun 2024 for $1,885,000

7 Olympic Avenue
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 205m2
Land area: 676m2
Sold By
Buxton Sandringham
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Property Details for 7 Olympic Ave, Cheltenham

7 Olympic Ave, Cheltenham is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 676m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Cheltenham in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
205m2
Land Size
676m2
Local Government
Bayside
Lot/Plan
67/LP10580

Property History for 7 Olympic Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,885,000
01 Jun 2024
  • 01 Jun 2024
    Sold for $1,885,000
  • 07 Apr 2022
    Transferred
  • 16 Dec 2000
    Sold for $305,000
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About Cheltenham 3192

The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2011 was 20,291 people. By 2016 the population was 22,311 showing a population growth of 10.0% in the area during that time. The predominant age group in Cheltenham is 40-49 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 73.6% of the homes in Cheltenham were owner-occupied compared with 71% in 2016.

Cheltenham has 14,769 properties. Over the last 5 years, Houses in Cheltenham have seen a 14.37% increase in median value, while Units have seen a 13.72% increase. As at 31 October 2024:

  • The median value for Houses in Cheltenham is $1,171,721 while the median value for Units is $695,183.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 56 properties listed for sale, and 42 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 617 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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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.