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