34 Olive Ave, Phegans Bay is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1995. The property has a land size of 708m2 and floor size of 235m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
Positioned on an elevated hilltop, yet still enjoying a level access point this luxurious Phegans Bay residence presents a bespoke design of grand proportions that embraces a vista that is nothing short of magic. Immaculately presented throughout you will be immediately drawn by the ambience, quality and setting of this superb family residence.
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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 43.90% increase in median value, while Units have seen a 15.62% increase. As at 31 January 2026:
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