56 Olympic Ave, Cheltenham is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 593m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in March 2012.
Make It Your Own
Don't miss this chance to create your dream home in one of Cheltenham's most sought-after streets. Situated down the road from Pennydale Park and Olympic Avenue Kindergarten, close to quality primary schools, within the Cheltenham Secondary College zone, and with golf courses, Southland and Cheltenham train station just a short stroll away, it's the perfect base for a busy family.
The existing residence is nestled comfortably at the front of the block, leaving a deep north-facing garden at the rear. There's plenty of space to extend or rebuild (subject to council approval) and even room for a pool.
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 15,174 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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