31 Olney Ave, Thomson is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 541m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
This solid 3 bedroom home has all the makings of a fantastic family home. With a bit of TLC, this house situated on a generous corner block, represents an excellent opportunity for first home buyers or investors alike to add value to a property in a central location.
There is a huge in-ground concrete pool that has been unused for a while, but with a bit of tinkering could be restored to make a centerpiece for the extensive backyard and providing hours of Summer fun for the kids.
Boasting three bedrooms and features such as timber floorboards, ducted heating as well as ceiling fans in two of the bedrooms. The kitchen is needing replacing and generally the home needs a polish, however with the right touch, this property could become a real show piece.
All of this is located within walking distance of East Geelong shops, local schools, and South Geelong railway station. Even the city center and Eastern Beach. Call now to arrange an inspection.
The size of Thomson is approximately 1.0 square kilometres. It has 3 parks covering nearly 15.9% of total area. The population of Thomson in 2016 was 1607 people. By 2021 the population was 1606 showing a population decline of 0.1% in the area during that time. The predominant age group in Thomson is 20-29 years. Households in Thomson are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Thomson work in a trades occupation.In 2021, 44.40% of the homes in Thomson were owner-occupied compared with 45.30% in 2016.
Thomson has 1,072 properties. Over the last 5 years, Houses in Thomson have seen a 24.21% increase in median value, while Units have seen a 46.69% increase. As at 30 November 2025:
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