OFF MARKET

27 Olive Grove
Tecoma VIC 3160

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 15m2
Land area: 980m2
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Last updated 11 Nov 2024
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Property Details for 27 Olive Gr, Tecoma

27 Olive Gr, Tecoma is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 980m2 and floor size of 15m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1970
Floor Size
15m2
Land Size
980m2
Local Government
Yarra Ranges
Lot/Plan
3/LP99401

Last Listing description (May 2022)

Tucked away amongst the trees on Olive Grove, this split level Western Red Cedar home is an iconic hills design and ready for you to call home. Centrally located yet desirably private, enjoy the tranquillity whilst snuggling up near the open fireplace or enjoy your morning coffee on the deck. It's the simple things in life that make you happy.

YOU'LL LOVE:
980m2 allotment with private and leafy outlooks

3 Bedrooms with robes
Master bedroom with walk in robe & ensuite featuring shower, toilet and basin
Main bathroom featuring bath/shower, toilet and basin
Open plan kitchen, meals and living with open fireplace
Good sized kitchen with gas cooking, dishwasher and pantry
Vaulted ceilings
Ducted gas heating and split systems
Front decking and garden shed
Double carport & sealed driveway
Close to Tecoma/Upwey and Belgrave shops, Tecoma Station, bus stops, schools, parks and reserves

VENDOR LOVES:
Great location in the hills, yet close to major roads and public transport
CBD is only an hour away, but Tecoma and nearby Belgrave have everything you might need
Get out of the rat race, or work from home in idyllic surroundings
Untapped potential for renovation or residential development

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Property History for 27 Olive Gr, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$837,500
03 Mar 2022
Listed for Rent
$340/w
16 Nov 2011
  • 03 Mar 2022
    Sold for $837,500
  • 23 Feb 2022
    Listed for Sale $720,000-$790,000
  • 27 Oct 2011
    Listed for Rent - Price not available
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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, 45 properties were sold in the past 12 months in Tecoma.

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