37 Olive Pde, New Town is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 1204m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
The Vendor has finished the internal renovations so bathroom & kitchen are now done. The property is ready for you to inspect. Come to an open or call to view as Return Veranda Villas on large blocks are rare.
Tenanted at $260 per week with a lease until late 2017.
Return Veranda Villas are such grand old homes, they are known for having 3 large bedrooms, a large lounge, a wide hallway and very high ceilings; this one has all these important original features but also has a renovated kitchen with the original wood oven retained to finish the package. Living here could make life very comfortable with room to move and timeless character that never goes out of fashion; such as ornate ceilings and polished timber floors.
The size of New Town is approximately 2.0 square kilometres. It has 13 parks covering nearly 9.8% of total area. The population of New Town in 2016 was 1234 people. By 2021 the population was 1291 showing a population growth of 4.6% in the area during that time. The predominant age group in New Town is 10-19 years. Households in New Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Town work in a trades occupation.In 2021, 74.40% of the homes in New Town were owner-occupied compared with 73.20% in 2016.
New Town has 645 properties. Over the last 5 years, Houses in New Town have seen a 94.28% increase in median value, while Units have seen a -63.56% decrease. As at 30 April 2026:
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