Back 5 Olympic Avenue
Off Market

5 Olympic Avenue

Cheltenham VIC 3192

3
2
1
House
Last sold for $1,140,000
Paul BondPaul Bond, last sold this property on 17 May 2025 after 25 days on market.

Overview

SINGLE-LEVEL SANCTUARY WITH PENNYDALE PRESTIGE

Wander down this landscaped, vine-draped drive, swing wide the auto-gates and discover your single-level sanctuary in the Pennydale precinct's leafiest loveliest spot. Located for security and serenity within a chip of the Sandbelt's world-class golf courses, this three bedroom, two bathroom single-level home is sized up all around. With room to lounge and dine in a gracious formal zone, and a place to soak up the sun in a relaxed kitchen-casual area, this sizeable home is wrapped by carefree outdoors with room to entertain in the shade of a wind-out awning and fixed umbrellaing the leafy rear yard, plus a flexible bonus space out front to enjoy the peace - or park in addition to the auto-garage. Classic by design with first-class Bosch appliances (including a semi-integrated dishwasher) for the stylish kitchen and quality bathrooms including an elegant ensuite, this spacious home is graciously detailed with hardwood floors, a warming gas-log fireplace, and quality block-out blinds in addition to exterior awnings. Centrally heated and cooled with additional reverse-cycle air conditioning and fan cooling, this well-appointed home is a rare hidden treasure in the heart of the prestigious Pennydale precinct. A skip to the kindergarten and park, and a walk to Cheltenham's station and vibrant shopping strip, this secluded home is so central to it all with the wide open spaces of Cheltenham Park to keep kids and pups happy, Southland's retail therapy close to make life easy, and beachside latte strips and shopping within easy reach.

Features

3 bedrooms
2 bathrooms
1 carspace
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cheltenham over the last 12 months, the estimated median property value of 5 Olympic Avenue is $1.23m.

Median value
$1.23m
Estimated value range
$800k - $2.01m
Median days on market
24
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cheltenham. 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 5 Olympic Avenue

2025
Sold
$1,140,000
Auction Sale on 17 May 2025 by Paul Bond, of Hodges Sandringham

Happy sellers in Cheltenham

89%
89% of sellers in Cheltenham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 71 reviews in Cheltenham over the last 12 months.

Local market activity for 3 bedroom houses in Cheltenham

In the last 12 months, 97 three-bedroom houses similar to 5 Olympic Avenue, have been sold.

This represents a 15% increase in three-bedroom houses sales when compared to the previous 12 months.

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