OFF MARKET

2/52 Olive Road
Lynbrook VIC 3975

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 125m2
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Last updated 16 Dec 2024
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Property Details for 2/52 Olive Rd, Lynbrook

2/52 Olive Rd, Lynbrook is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2016. The property has a floor size of 125m2.

Building Type
Townhouse
Year Built
2016
Floor Size
125m2
Local Government
Casey

Last Listing description (April 2017)

An opportunity too good to miss for the smart Investor or first home buyer, within a short distance to all surrounding amenities and only 3 minutes drive to Lynbrook Village and Hampton Park shopping centres.
Boasting 3 bedrooms, master with ensuite & WIR, modern kitchen with stainless steel appliances and open plan living area, central bathroom for rest of the rooms, laundry . Further features include the comforts of ducted heating, a remote control garage, fencing, landscaping and much more
All this in a family location that offers parks, easy access to freeways and all facilities Lynbrook has to offer.

Construction underway and buy off the plan and save stamp duty.
Note: Pictures are for illustration purposes only.

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Property History for 2/52 Olive Rd, Lynbrook, VIC 3975

A timeline of how this property has performed in the market
  • 06 Jul 2016
    Listed for Sale 419K Plus

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About Lynbrook 3975

The size of Lynbrook is approximately 4.1 square kilometres. It has 19 parks covering nearly 13% of total area. The population of Lynbrook in 2011 was 6,771 people. By 2016 the population was 8,531 showing a population growth of 26.0% in the area during that time. The predominant age group in Lynbrook is 0-9 years. Households in Lynbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lynbrook work in a professional occupation. In 2011, 84.3% of the homes in Lynbrook were owner-occupied compared with 80.5% in 2016.

Lynbrook has 3,197 properties. Over the last 5 years, Houses in Lynbrook have seen a 34.39% increase in median value, while Units have seen a 20.37% increase. As at 30 November 2024:

  • The median value for Houses in Lynbrook is $916,295 while the median value for Units is $620,269.
  • Houses have a median rent of $630 while Units have a median rent of $540.
There are currently 17 properties listed for sale, and 7 properties listed for rent in Lynbrook on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Lynbrook.

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