OFF MARKET

11 Olive Road
Devon Meadows VIC 3977

Bedrooms: 4
Bathrooms: 1
Car spaces: 6
Land area: 20111m2
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Property Details for 11 Olive Rd, Devon Meadows

11 Olive Rd, Devon Meadows is a 4 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 20111m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Land Size
20111m2
Local Government
Casey
Lot/Plan
158/LP6596

Last Listing description (February 2024)

*** SOLD IN A WEEK! ***
Are you searching for a property that offers a country lifestyle, a 4-bedroom residence, usable land, and the potential for further development, but still want to live within easy access to city amenities? Well, this outstanding property could be the one for you! Situated on approximately 5 acres (20,111m2), in the semi-rural locale of Devon Meadows, grow your country connection by planting roots into this opportunity.

The delightful home is ideally set back from the road, creating a sense of privacy. The immaculately presented interior offers a grand light filled and spacious open plan living/dining/kitchen, with gorgeous timber look laminate floors defining the space, and an enclosed wood fire adding to the ambience. The impressive updated kitchen features a contemporary country chic colour scheme, a luxuriously oversized island bench with stunning pendants lights and a 900mm freestanding oven cook top combination. There are 4 great sized bedrooms, 2 with built-in wardrobes, a family bathroom, laundry and separate toilet.

Outside, there is a covered verandah and alfresco to enjoy while relaxing or entertaining, plus an impressive list of existing infrastructure to utilise, including a machinery shed with storage mezzanine, garage with carport, additional double carport, bungalow, hay shed, and a storage shed. All of the 5 acres are flat and usable and is currently divided between three large fenced paddocks, with the opportunity to configure the paddocks to suit your needs. There is even a motor bike track and two dams.

Located just 10 minutes to Cranbourne and within easy reach of both the South Gippsland Freeway and Westernport Highway, and only 45 minutes to Melbourne CBD and Mornington, this fantastic rural property offers many prospects for the ideal rural lifestyle. If you are looking for a great environment to raise children or achieve the country dream, this property offers convenience, opportunity and the privilege to live on glorious acreage.

Property History for 11 Olive Rd, Devon Meadows, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$1,502,000
06 Apr 2023
  • 06 Apr 2023
    Sold for $1,502,000
  • 30 Mar 2023
    Listed for Sale $1,320,000 - $1,450,000

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About Devon Meadows 3977

The size of Devon Meadows is approximately 23.4 square kilometres. It has 2 parks covering nearly 12.2% of total area. The population of Devon Meadows in 2011 was 1,606 people. By 2016 the population was 1,559 showing a population decline of 2.9% in the area during that time. The predominant age group in Devon Meadows is 50-59 years. Households in Devon Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Devon Meadows work in a trades occupation. In 2011, 84.2% of the homes in Devon Meadows were owner-occupied compared with 84.3% in 2016.

Devon Meadows has 634 properties. Over the last 5 years, Houses in Devon Meadows have seen a 29.50% increase in median value. As at 30 September 2024:

  • The median value for Houses in Devon Meadows is $976,552 while the median value for Units is $661,379.
  • Houses have a median rent of $750.
There are currently 2 properties listed for sale, and 1 property listed for rent in Devon meadows on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Devon meadows.

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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.