31 Olive Street, Burnie, TAS 7320 | Property Value & History | OnTheHouse
OFF MARKET

31 Olive Street
Burnie TAS 7320

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 586m2
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Last updated 16 Feb 2026
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Property Details for 31 Olive St, Burnie

31 Olive St, Burnie is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1957. The property has a land size of 586m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1957
Floor Size
94m2
Land Size
586m2
Local Government
Burnie
Lot/Plan
2/55929

Last Listing description (March 2025)

This neat and tidy 2 bedroom home is located a short distance walk to the local Burnie park, CBD, local restaurants and the beach front boardwalk. Both Bedrooms offering built in robes and getting stunning ocean views overlooking West Park Grove Oval from the lounge room and one of the bedrooms. Outside, there's a single garage underneath along with space to in the driveway to park with off street parking available, there's a workshop space and under house storage.

Property Features:
- 2 Bedrooms with built in wardrobes

- Reverse cycle heat pump
- Open plan living/dining
- Separate toilet to bathroom
- Ocean Views
- Close to local Park
- Short walking distance to beach front board walk & CBD

Lease details:
- 12 Months Preferred

Once your application and supporting documents have been received, we will be in touch as your application progresses through the system and to arrange an inspection.

Property History for 31 Olive St, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$405,000
08 May 2023
Listed for Rent
$370/w
22 Aug 2024
  • 05 Jul 2024
    Listed for Rent $370 / week
  • 19 Jun 2023
    Listed for Rent $350 / week
  • 08 May 2023
    Sold for $405,000
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About Burnie 7320

The size of Burnie is approximately 1.4 square kilometres. It has 3 parks covering nearly 7.6% of total area. The population of Burnie in 2016 was 596 people. By 2021 the population was 693 showing a population growth of 16.3% in the area during that time. The predominant age group in Burnie is 20-29 years. Households in Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Burnie work in a professional occupation.In 2021, 48.30% of the homes in Burnie were owner-occupied compared with 46.30% in 2016.

Burnie has 858 properties. Over the last 5 years, Houses in Burnie have seen a 74.45% increase in median value, while Units have seen a 68.21% increase. As at 31 January 2026:

  • The median value for Houses in Burnie is $502,221 while the median value for Units is $393,547.
  • Houses have a median rent of $425 while Units have a median rent of $330.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Burnie on OnTheHouse. According to Cotality's data, 39 properties were sold in the past 12 months in Burnie.

Suburb Insights for Burnie 7320

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Cotality Copyright and Legal Disclaimers about Property Data
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.