SOLD
Sold on 19 Aug 2024 for $850,000

16 Olive Grove
Tecoma VIC 3160

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 113m2
Land area: 1030m2
Sold By
Scott Kim Real Estate
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Property Details for 16 Olive Gr, Tecoma

16 Olive Gr, Tecoma is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1030m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Tecoma in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
113m2
Land Size
1030m2
Local Government
Yarra Ranges
Lot/Plan
28/LP6865

Last Listing description (October 2024)

3 Bedrooms plus Study - Ready to Move In!

Please enquire online or call our office (open 7 days) on (03) 9808 0481 for a Private Viewing of this stunning home.

Ideal for young families, first home buyers and savvy investors wanting to secure a beautiful home just a few minutes walk to the heart of Tecoma?s shops and train station!

Features include:

* 3 great sized bedrooms with BIR?s plus a study
* Modern kitchen with quality appliances (900mm freestanding gas cooktop/oven and dishwasher) and ample storage
* Open plan living/dining room with beautiful timber floors throughout
* Spacious central bathroom with a separate toilet
* Ducted heating and evaporative cooling system throughout
* Separate laundry room
* Huge undercover alfresco perfect for entertaining family and friends overlooking the spacious backyard
* Large under-house storage area

Located just 10 minutes walk Tecoma Primary school, footsteps away from bus-stops, an easy walk to the heart of Tecoma shops, train station, great schools , cafes, restaurants and national parks - this is an opportunity not to be missed!

Contact Scott Kim or Josh Hanvey on (03) 9808 0481 to secure this home today!

** Sale Method: Private Negotiation
** Settlement: 30/60/90/120 Days
** Inspection: By Appointment Only (Must provide phone number with the enquiry)

Property History for 16 Olive Gr, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$850,000
19 Aug 2024
  • 19 Aug 2024
    Sold for $850,000
  • 06 Aug 2024
    Listed for Sale Not Disclosed
  • 30 Mar 2012
    Sold for $280,000

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About Tecoma 3160

The size of Tecoma is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.4% of total area. The population of Tecoma in 2011 was 2,087 people. By 2016 the population was 2,068 showing a population decline of 0.9% in the area during that time. The predominant age group in Tecoma is 40-49 years. Households in Tecoma are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tecoma work in a professional occupation. In 2011, 81.1% of the homes in Tecoma were owner-occupied compared with 79.6% in 2016.

Tecoma has 1,000 properties. Over the last 5 years, Houses in Tecoma have seen a 27.22% increase in median value, while Units have seen a 35.64% increase. As at 31 October 2024:

  • The median value for Houses in Tecoma is $856,170 while the median value for Units is $620,425.
  • Houses have a median rent of $425 while Units have a median rent of $350.
There are currently 8 properties listed for sale, and no properties listed for rent in Tecoma on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Tecoma.

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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.