16 Olympic Avenue, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

16 Olympic Avenue
Cheltenham VIC 3192

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 259m2
Land area: 674m2
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Property Details for 16 Olympic Ave, Cheltenham

16 Olympic Ave, Cheltenham is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 674m2 and floor size of 259m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
1955
Floor Size
259m2
Land Size
674m2
Local Government
Bayside
Lot/Plan
17/LP10580

Last Listing description (September 2019)

Families of all sizes will adore the layout and proportions of this exceptionally pretty weatherboard home located in one of the best streets of the Pennydale pocket of Bayside. With 5 bedrooms plus an office and 3 bathrooms this fabulous property has wonderful street appeal and combines period charm with a light and modern feel perfect for family living. Behind a classic white picket fence and auto gates you will find 674sqm of newly landscaped gardens with multiple outdoor areas to relax and enjoy. A handy double carport and covered porch leads to a large front sitting room with feature open fireplace and plantation-shuttered doors opening on to a gorgeous newly decked area perfect for catching the evening sunset. Continue down the hall and find 2 equally sized childrens bedrooms both freshly carpeted and with built in wardrobes and ceiling fans along with a third double bedroom which could be used as a large office if needed. A family bathroom, separate laundry, plenty of storage and stairs to the first floor comprise the middle section whilst to the rear is the heart of the home with a huge sunny open plan living and dining zone opening to an elevated outdoor deck and adjacent to a Miele equipped kitchen. Off the living area there is a handy conservatory style room which can be used as either an office or a playroom and there is also a further double bedroom ideal for guests with an adjacent bathroom. Upstairs comprises a master bedroom retreat complete with vast walk in wardrobe / dressing room, renovated ensuite, extra storage and a fabulous balcony ideal for enjoying a peaceful morning coffee. Outside this superb home continues to impress with the aforementioned front and rear decks and back garden complete with readymade play area (swing set and cubby house) and with plenty of lawn allowing for a future pool. Everyday comfort is provided by ducted heating, cosy wood heater, split system cooling, plenty of storage including an attic, rain water tank and shed. Olympic Avenue is widely regarded as one of the premier streets of this tightly held neighbourhood and families will appreciate the convenience of the kinder, school, several parks and both Cheltenham and Southland shopping and stations all within easy walking distance and having prestigious Victoria Golf Course at the top of the Avenue. For more information about this terrific home contact Peter Hickey or Sam Harrison

Property History for 16 Olympic Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,600,000
30 Aug 2019
  • 30 Aug 2019
    Sold for $1,600,000
  • 09 Aug 2019
    Listed for Sale $1,400,000 - $1,500,000
  • 29 Jun 2016
    Sold for $1,305,000
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About Cheltenham 3192

The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2016 was 22291 people. By 2021 the population was 23992 showing a population growth of 7.6% in the area during that time. The predominant age group in Cheltenham is 30-39 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation.In 2021, 70.00% of the homes in Cheltenham were owner-occupied compared with 71.00% in 2016.

Cheltenham has 15,176 properties. Over the last 5 years, Houses in Cheltenham have seen a 9.78% increase in median value, while Units have seen a 8.13% increase. As at 30 April 2026:

  • The median value for Houses in Cheltenham is $1,288,289 while the median value for Units is $727,334.
  • Houses have a median rent of $750 while Units have a median rent of $575.
There are currently 65 properties listed for sale, and 30 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 635 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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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.