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

23 Olympic Avenue
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 145m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 23 Mar 2026
Low

High
Save

Property Details for 23 Olympic Ave, Cheltenham

23 Olympic Ave, Cheltenham is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 145m2.

Building Type
House
Floor Size
145m2
Local Government
Bayside

Last Listing description (January 2020)

High-gabled, handsome and fabulously free and easy, this is standalone stand-out at a Gold Medal Pennydale address. Completely freestanding on its own private block, this versatile up to four bedroom/up to three living zone, two bathroom home offers unbeatable adaptability with formal and family zones plus a clever sitting-room/study/fourth bedroom, a gorgeous ground-floor master-suite and two courtyard areas one to entertain in the afternoon sun, the other to add to master-suite privacy!

Presented in timeless style with a glossy stone and prestige appliance kitchen angling out into the principal living zone, and classic black and white bathrooms including an elegant ensuite, centrally heated home has air-conditioners and fans for most rooms, a built-in or walk-in robe for every bedroom, and a double garage under the roofline.


Best of all it has its own private block in this prized beachside of the Highway position just 50m to Pennydale Park and 500m to Southland station with the world-class Sandbelt Golf Courses all around and the soon-to-be newly refurbished Cheltenham retail and rail precinct close! For more information about this standalone Pennydale home contact Leigh Fletcher (0419 367 228) or Noel Susay (0450 069 506) at Buxton Hampton East.

Property History for 23 Olympic Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
  • 23 Dec 2019
    Listed for Sale Under Contract
Commute Calculator

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 15,173 properties. Over the last 5 years, Houses in Cheltenham have seen a 18.32% increase in median value, while Units have seen a 13.80% increase. As at 28 February 2026:

  • The median value for Houses in Cheltenham is $1,308,623 while the median value for Units is $728,802.
  • Houses have a median rent of $730 while Units have a median rent of $555.
There are currently 61 properties listed for sale, and 28 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 658 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

Market Insights
Cheltenham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cheltenham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.