1/56 Olive Grove, Boronia, VIC 3155 | Property Value & History | OnTheHouse
OFF MARKET

1/56 Olive Grove
Boronia VIC 3155

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 361m2
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Property Details for 1/56 Olive Gr, Boronia

1/56 Olive Gr, Boronia is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 361m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1970
Floor Size
110m2
Land Size
361m2
Local Government
Knox
Lot/Plan
1/PS545918

Last Listing description (October 2021)

Online Auction October 26th @ 7pm Unless Sold Prior

The original home of what is now one of two on the block and boasting a lovely cottage front garden and street frontage. This is a brilliant option for any young couple looking to stay in the area or astute investor. It's spacious , light filled and beautifully presented. The features include;

# Separated living zones

# Open Kitchen Meals
# Lovely undercover entertaining
# Secure yard for pets
# Heating and Cooling

The current rental agreement runs until Nov 27th this year at $400 per week making it very easy for both investors or nesters wanting to move in early in the new year.

All this in one of the premier streets of Boronia with easy access to both Albert Ave and Dorset Road. It's just around the corner from everything you could possibly need.

Covid Safe inspections are available from 2.30pm - 4.30pm Thursdays & Saturday from 1pm to 3pm . Call today and secure appointment.

Property History for 1/56 Olive Gr, Boronia, VIC 3155

A timeline of how this property has performed in the market
Last Sold
$720,000
23 Oct 2021
Listed for Rent
$400/w
26 Oct 2020
  • 23 Oct 2021
    Sold for $720,000
  • 02 Oct 2021
    Listed for Sale $650,000 - $700,000
  • 21 Oct 2020
    Listed for Rent $400 / week
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About Boronia 3155

The size of Boronia is approximately 11.3 square kilometres. It has 36 parks covering nearly 7.8% of total area. The population of Boronia in 2016 was 22195 people. By 2021 the population was 23607 showing a population growth of 6.4% in the area during that time. The predominant age group in Boronia is 30-39 years. Households in Boronia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boronia work in a professional occupation.In 2021, 69.90% of the homes in Boronia were owner-occupied compared with 70.80% in 2016.

Boronia has 13,251 properties. Over the last 5 years, Houses in Boronia have seen a 32.03% increase in median value, while Units have seen a 21.49% increase. As at 30 November 2025:

  • The median value for Houses in Boronia is $905,686 while the median value for Units is $679,734.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 28 properties listed for sale, and 24 properties listed for rent in Boronia on OnTheHouse. According to Cotality's data, 582 properties were sold in the past 12 months in Boronia.

Suburb Insights for Boronia 3155

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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.