SOLD
RECENT ADVICE
Sold on 23 Nov 2024 for $1,300,000

18 Olive Avenue
Mount Waverley VIC 3149

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 122m2
Land area: 725m2
Sold By
Belle Property Armadale
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Property Details for 18 Olive Ave, Mount Waverley

18 Olive Ave, Mount Waverley is a 3 bedroom, 1 bathroom House. The property has a land size of 725m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Mount Waverley in the last 12 months.

Building Type
House
Floor Size
122m2
Land Size
725m2
Local Government
Monash
Lot/Plan
16/LP14052

Last Listing description (November 2024)

The position, the personality and the exciting possibilities presented by this solid brick three bedroom brick residence set on 725sqm (approx.) highlights a powerful opportunity in a sensational tree-lined location close to Huntingdale Roads cafes and restaurants, the 623 bus, the M1 freeway and retail heaven at Chadstone Shopping Centre.

Offering character, charm, and a rare opportunity, this home provides options aplenty, whether you envision a transformative renovation or a brand-new residence on this prized block (STCA). Land 17.4m x 41.8m approx.

The largely original interior is a credit to good design with expanses of windows positioned to maximise natural light. A breakfast room and kitchen is positioned to catch the morning sun, while separate west facing living and dining rooms draw in the afternoon light and sunsets from the west.

The three bedrooms with built-in robes are serviced by an original 1950s bathroom with separate bath, shower and toilet. Additional appointments include a large laundry, fireplace and split system heating and air conditioning, single garage and additional off street parking.

Whether for a family seeking a comfortable start, a savvy investor eyeing a blue chip prospect, or a visionary ready to build a dream home, this address promises rewards in a family-focused neighbourhood within the Ashwood College zone.

Property History for 18 Olive Ave, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$1,300,000
23 Nov 2024
Listed for Rent
23 Jan 2023
  • 23 Nov 2024
    Sold for $1,300,000
  • 06 Nov 2024
    Listed for Sale $1,300,000
  • 29 Dec 2022
    Listed for Rent - Price not available

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About Mount Waverley 3149

The size of Mount Waverley is approximately 15.2 square kilometres. It has 41 parks covering nearly 11.6% of total area. The population of Mount Waverley in 2011 was 32,077 people. By 2016 the population was 33,613 showing a population growth of 4.8% in the area during that time. The predominant age group in Mount Waverley is 40-49 years. Households in Mount Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Waverley work in a professional occupation. In 2011, 76.8% of the homes in Mount Waverley were owner-occupied compared with 74.2% in 2016.

Mount Waverley has 17,530 properties. Over the last 5 years, Houses in Mount Waverley have seen a 22.51% increase in median value, while Units have seen a 19.94% increase. As at 31 October 2024:

  • The median value for Houses in Mount Waverley is $1,649,002 while the median value for Units is $1,127,316.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 77 properties listed for sale, and 36 properties listed for rent in Mount waverley on OnTheHouse. According to CoreLogic's data, 612 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

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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.