1 Olive Ave, Phegans Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 766m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Near level block of land, bush and water views, level yard for kids, parking for up to 10 cars, brick & tile house... This truly is a unique home for the Bay. Sitting on a 784.1sqm block of land with a sunny aspect you really need to inspect this home to appreciate its beauty.
- Open plan living area with floor to ceiling windows all around to take in the aspect & outlook
- Modern kitchen & Bathroom, kitchen with walk in pantry & new appliances
The size of Phegans Bay is approximately 0.6 square kilometres. It has 2 parks covering nearly 21.2% of total area. The population of Phegans Bay in 2016 was 432 people. By 2021 the population was 406 showing a population decline of 6.0% in the area during that time. The predominant age group in Phegans Bay is 50-59 years. Households in Phegans Bay are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Phegans Bay work in a professional occupation.In 2021, 81.70% of the homes in Phegans Bay were owner-occupied compared with 72.40% in 2016.
Phegans Bay has 225 properties. Over the last 5 years, Houses in Phegans Bay have seen a 44.10% increase in median value, while Units have seen a 15.62% increase. As at 30 November 2025:
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