OFF MARKET

23 Olive Grove
Tecoma VIC 3160

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 102m2
Land area: 921m2
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Last updated 11 Nov 2024
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Property Details for 23 Olive Gr, Tecoma

23 Olive Gr, Tecoma is a 3 bedroom, 2 bathroom House and was built in 1979. The property has a land size of 921m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1979
Floor Size
102m2
Land Size
921m2
Local Government
Yarra Ranges
Lot/Plan
10/LP6865

Last Listing description (December 2022)

Positioned in a convenient location with easy access to the Tecoma shops and close proximity to Belgrave / Upwey townships, schools, parks and local amenities. This quaint three-bedroom home sits on approximately 921sqm of gently sloping and usable land creating plenty of potential for further growth.

The home offers a simple and relaxed floorplan spanning across one level. It comprises of three generously sized bedrooms plus study, a main living area with central chimney/fireplace, well-appointed kitchen with an elevated position perfect for under house storage space.

The property presents an exciting opportunity for first home buyers, investors and/or those looking for their next project.

Summary of Features:
- Flexible floorplan ripe for renovation
- Filled with natural light throughout creating a warm and inviting atmosphere
- Expansive front and backyard in a tranquil bushland settling
- Large front verandah to enjoy the leafy aspects
- Abundance of storage space underneath the residence
- Under cover pergola entertaining area.

Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.

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Property History for 23 Olive Gr, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$530,000
11 Oct 2022
  • 11 Oct 2022
    Sold for $530,000
  • 15 Sep 2022
    Listed for Sale UNDER CONTRACT $500,000 - $550,000
  • 10 Dec 1983
    Sold for $27,000
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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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