32 Olga Rd, Maddington is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1969. The property has a land size of 791m2 and floor size of 179m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
This solid renovated and refurbished double brick and tile home is zoned for triplex development at R40 right now, but the home has many more good years of life before demolition to build 3 new homes. The existing owner first purchased the property in 1973, almost 50 years ago, but is now moving to aged care and the property must be sold.This is an exciting opportunity for a first home buyer or investor to build wealth from capital growth and either sell or develop for profit in the future, even though the home is fantastic, it is mostly land value for a large corner development site like this.Features include:- Covered portico entry to Newenden St and covered car port entry from Olga Rd- Wide entrance hall entry from both streets - very unique!- High ornate design ceilings and and cornices and skirting boards throughout- New timber clip lock flooring to passages and kitchen meals area- New Kitchen with new under bench oven, cooktop and new dishwasher- Split System Air Conditioning- Security doors and screens- Original VULCAN Kerosene heater in the formal lounge still works- 3 double bedrooms with built in robes in the main- Original bathroom and laundry tiling in pristine condition- Instant electric hot water System- Fully reticulated with a 6 station timer from the mains water- Established fig tree and grape vines and large vege patch area- Paved rear entertaining and BBQ area- Lock up garage with auto remote door access on Newenden St- Double undercover parking off Olga Road- Rates: Water - $882.69pa Shire - $1506paRegister your interest NOW!
The size of Maddington is approximately 10.8 square kilometres. It has 29 parks covering nearly 8.9% of total area. The population of Maddington in 2011 was 9,986 people. By 2016 the population was 11,359 showing a population growth of 13.7% in the area during that time. The predominant age group in Maddington is 30-39 years. Households in Maddington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maddington work in a trades occupation. In 2011, 70% of the homes in Maddington were owner-occupied compared with 68% in 2016.
Maddington has 6,643 properties. Over the last 5 years, Houses in Maddington have seen a 125.31% increase in median value, while Units have seen a 111.12% increase. As at 30 November 2024:
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