33 Olive Avenue, Phegans Bay, NSW 2256 sold on 11 February 2026 | OnTheHouse
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Sold on 11 Feb 2026 for $1,478,500

33 Olive Avenue
Phegans Bay NSW 2256

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 1884m2
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Property Details for 33 Olive Ave, Phegans Bay

33 Olive Ave, Phegans Bay is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1884m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 4 bedroom House sold in Phegans Bay in the last 12 months.

Building Type
House
Land Size
1884m2

Last Listing description (February 2026)

Custom designed and built just 16 years ago, this stunning residence has been beautifully maintained and tastefully updated, still presenting as new. Designed with modern Australian living in mind, its open plan layout flows effortlessly from everyday comfort to easy entertaining, complete with direct pool access and a high-end contemporary kitchen. Light filled, spacious, and perfectly positioned to capture natural breezes, this is a home that truly celebrates relaxed coastal living.
- Expansive open plan dining and multiple living; one flows to the pool, another to a sunny balcony
- Sparkling in-ground pool with heat exchange system, newly retiled and resurfaced

- Designer kitchen featuring stone benchtops, oversized island, stainless steel gas appliances
- Energy-efficient with multiple solar arrays and a 13.4kW Tesla battery
- Large double carport with drop-down ladder for convenient roof storage
- Internal laundry, powder room, ducted air conditioning, blackbutt floors, ceiling fans and downlights
- Lounge with tranquil bush outlooks and blackout blinds; perfect for movie nights
- Private master suite with breezy bush views, walk-in, ensuite, spacious walk-in shower
- Third living upstairs plus two additional bedrooms and a family bathroom with separate bath
- Close to bushwalks, trains, M1 access, peninsula beaches, cafés, restaurants, local shops

KEY DETAILS:
Council Rates $1,722pa
Water Rates $1,185pa

Property History for 33 Olive Ave, Phegans Bay, NSW 2256

A timeline of how this property has performed in the market
Last Sold
$1,478,500
11 Feb 2026
  • 11 Feb 2026
    Sold for $1,478,500
  • 29 Oct 2025
    Listed for Sale Price on request
  • 01 May 2024
    Sold for $1,400,000
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About Phegans Bay 2256

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 39.35% increase in median value, while Units have seen a 15.62% increase. As at 28 February 2026:

  • The median value for Houses in Phegans Bay is $1,067,636 while the median value for Units is $757,603.
  • Houses have a median rent of $725.
There are currently 2 properties listed for sale, and 1 property listed for rent in Phegans bay on OnTheHouse. According to Cotality's data, 11 properties were sold in the past 12 months in Phegans bay.

Suburb Insights for Phegans Bay 2256

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Tom Leivers
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.