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

56 Olympic Avenue
Cheltenham VIC 3192

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 194m2
Land area: 593m2
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Property Details for 56 Olympic Ave, Cheltenham

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.

Building Type
House
Year Built
1950
Floor Size
194m2
Land Size
593m2
Local Government
Bayside
Lot/Plan
11/LP19365

Last Listing description (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.

This much loved family home (first time offered for sale in 55 years) features comfortable living quarters, a light and bright kitchen and meals area and three good-sized bedrooms, all with built-in robes. The rear bedroom is a flexible space that includes a home office or parents retreat and the central bathroom has a bath and large corner vanity.
Outside you'll find a paved undercover al fresco dining area, a practical laundry and second toilet.
Extras include surround sound in the living room, gas heating, two air conditioning units, ample off-street parking, storage shed, remote-controlled lock-up garage and a powered workshop for the handy man.
Additional feature/s - Built-In Wardrobes.

Property History for 56 Olympic Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$650,000
24 Mar 2012
  • 24 Mar 2012
    Sold for $650,000
  • 21 Feb 2012
    Listed for Sale AUCTION SAT 24TH MARCH @ 11AM
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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 15,174 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:

  • 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 58 properties listed for sale, and 30 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 650 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.