8 Olympus CrescentArcadia QLD 4819
Property Details for 8 Olympus Cres, Arcadia
8 Olympus Cres, Arcadia is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1248m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (July 2024)
Olympus Crescent has long been a prized address on Magnetic Island being just a hop, skip and a jump to Alma Bay and a no-through road of beautiful classic homes. This home, known as 'Paradise' to those who may remember it from days gone by, is nestled on a large 1248m2 block with beautiful easy-care gardens and the backdrop of the National Park to the rear. The block provides ample scope for extending the property, adding a pool, or developing the garden further.
The home is a classic Queenslander design, perfect for the tropics, with the living area which wraps around three sides of the house fully enclosed with modern screened louvres so you can enjoy the space whatever the weather. There are two external decks too, both with lovely views of the garden and the trees and granite boulders that define Magnetic Island.
The two very spacious bedrooms open onto the living area through French doors, each of which have split system air conditioning. The bathroom has been stylishly renovated with an easy-access shower, vanity and separate toilet adjacent and the laundry is out of view in a large cupboard with additional linen and broom closets.
2.8kw of solar power help to keep the bills down and the house has been considerately renovated to retain its charm whilst adding the comforts of modern life and keeping maintenance to a minimum.
This property is a hidden gem that will be snapped up by the discerning buyer, a characterful cottage in an amazing location just two minutes' walk to picturesque Alma Bay, arguably the best swimming beach on the island. Just a three minute drive or a 20 minute scenic beachfront walk brings you to the busy ferry terminal hub from where it's just 20 minutes on the ferry to Townsville.
Private inspections are available by appointment - please contact Alex.
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 1569
Property History for 8 Olympus Cres, Arcadia, QLD 4819
- 08 Jun 2024Sold for $808,000
- 07 Jun 2024Listed for Sale Offers over $795,000
- 01 Feb 2021Sold for $530,000
Recent sales nearby
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0About Arcadia 4819
The size of Arcadia is approximately 5.8 square kilometres. It has 2 parks covering nearly 62.4% of total area. The population of Arcadia in 2016 was 248 people. By 2021 the population was 246 showing a population decline of 0.8% in the area during that time. The predominant age group in Arcadia is 60-69 years. Households in Arcadia are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Arcadia work in a managers occupation.In 2021, 59.40% of the homes in Arcadia were owner-occupied compared with 50.70% in 2016.
Arcadia has 391 properties. Over the last 5 years, Houses in Arcadia have seen a 85.18% increase in median value, while Units have seen a 100.31% increase. As at 31 March 2026:
- The median value for Houses in Arcadia is $656,473 while the median value for Units is $489,085.
- Houses have a median rent of $300 while Units have a median rent of $300.
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