43 Olympic Ave, Cheltenham is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 349m2 and floor size of 228m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
One of those sensational homes that just seem to go on forever, this epic townhouse delivers a standout lifestyle in the highly desired Pennydale pocket of beachside-of-the-highway Cheltenham.
Refreshed with new paint and brand-new carpet, the double-glazed home is one of a stylish duo featuring spotted gum floors that flow from the north-facing frontage past the coveted ground floor main bedroom which provides a sleek fully-tiled ensuite, built-in wardrobes, and alfresco access.
Further on, passing masses of storage, the rear zone is all about entertaining with a crisp kitchen boasting stone benchtops and stainless appliances alongside the light-filled dining zone which spills out to a side alfresco deck. Stepping down from here is an inviting living room where banks of glass open out to the main outdoor entertaining area boasting an eye-catching gas fireplace and lofty remote louvred ceiling providing year-round enjoyment, all watched over by an established fig tree.
Upstairs, an additional living space will prove popular with families, as will a second ensuite bedroom, while two further double bedrooms have the use of a luxurious central bathroom with floor-to-ceiling tiles and a separate shower & bath.
Zoned heating/cooling, ducted vacuum, and a Bosch alarm are added highlights together with a guests' powder room, full laundry with plenty of storage plus an auto garage with secure internal entry.
With a park just down the street, a short walk to well-regarded golf courses, and just moments to the beach, the home is near bus routes and within easy reach of both Southland & Cheltenham shops & stations.
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:
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