Back 49 Olney Avenue
Off Market

49 Olney Avenue

Thomson VIC 3219

3
1
2
567 m²
House
Last sold for $560,000
Byron FilippiByron Filippi, last sold this property on 21 October 2025 after 0 days on market.

Overview

Filippi Property Presents

Classic Brick Home with Character, Comfort & Future Potential Sitting proudly on a generous corner block, this charming brick home captures everything first-home buyers, investors and developers look for a solid, well-kept residence with immediate comfort, strong rental appeal, and exciting potential for future growth in one of Geelong's most convenient locations. From the moment you arrive, the home's timeless red-brick façade and lush established gardens create an inviting first impression. Inside, natural light fills the spacious living area, where a gas heater, ceiling fan and split system ensure comfort all year round. It's a cosy and welcoming space that feels instantly like home. The adjoining kitchen and meals area offers everyday functionality with gas cooking, good storage and a pleasant outlook to the backyard pergola a sheltered spot ideal for entertaining, dining outdoors or simply enjoying the fresh air. Each of the three bedrooms features built-in robes and large windows that enhance the sense of space, while the central bathroom, separate toilet and laundry with ramp access provide practicality for families, downsizers or elderly residents. Outdoors, the property shines with its combination of space and versatility. The backyard features easy-care gardens, raised garden beds and plenty of room for kids or pets to play, while the two garden sheds and carport add extra value. Solar panels help reduce energy costs, making this an affordable and sustainable choice for those mindful of long-term living expenses. For first-home buyers, this home represents an unbeatable entry point into the market solid, comfortable and move-in ready, yet with scope to add modern updates over time. Investors will appreciate the low-maintenance design and superb proximity to schools, shops and public transport, offering consistent rental demand and strong returns. And for developers, the corner block and wide frontage open up possibilities for subdivision, extension or future redevelopment (STCA). Located within easy reach of Kardinia Park, Eastern Park, Geelong CBD and Corio Bay, this is a home that blends lifestyle convenience with real potential. With supermarkets, cafes, schools and bus routes all nearby, it's easy to see why this thriving pocket of Geelong continues to attract buyers from all walks of life. Whether you're looking to live in, lease out or develop for the future, this classic brick home offers timeless appeal, strong foundations and endless opportunity.

Features

3 bedrooms
1 bathroom
2 carspaces
567 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Thomson over the last 12 months, the estimated median property value of 49 Olney Avenue is $600k.

Median value
$600k
Estimated value range
$500k - $736k
Median days on market
24
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Thomson. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 49 Olney Avenue

2026
Rented
Undisclosed
Leased on 04 Mar 2026 by Geelong Real Estate Co.
2025
Sold
$560,000
Private Sale/Treaty on 21 Oct 2025 by Byron Filippi, of Filippi Property
2024
Sold
$490,000
Private Sale/Treaty on 17 Apr 2024 by Dion Plumb, of Barry Plant - Geelong

Happy sellers in Thomson

90%
90% of sellers in Thomson reported that their sale price either exceeded or met their price expectations.

Thomson stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Thomson over the last 12 months.

Local market activity for 3 bedroom houses in Thomson

In the last 12 months, 22 three-bedroom houses similar to 49 Olney Avenue, have been sold.

This represents a 38% increase in three-bedroom houses sales when compared to the previous 12 months.

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