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1/23 Penleigh Crescent
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 328m2
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Modern Comfort in Ocean Grove!

Whether you're a downsizer, savvy investor, or a first-time buyer looking to enter the vibrant Ocean Grove market, this contemporary 3-bedroom unit offers exceptional lock-and-leave convenience in a highly sought-after lifestyle location. With generous house-like proportions and quality finishes, the property enjoys a light-filled northerly aspect, creating a warm and welcoming atmosphere that you'll love coming home to.
Thoughtfully designed to maximize indoor-outdoor living, this home features a serene undercover alfresco area and a spacious deck, providing the perfect space for relaxation or entertaining. Despite its peaceful setting, the home is superbly located just moments from the lake and Kingston Village amenities, offering the perfect blend of tranquility and convenience.
• Double garage with extensive storage space
• Expansive main living area with north-facing aspect
• Low-maintenance, sun-drenched garden
• Kitchen with stone benchtops and stainless steel appliances
• Split system heating and cooling for year-round comfort
• Master bedroom with walk-in robe and luxurious ensuite
• Ideal low-maintenance, lock-up-and-leave property
• Undercover alfresco area with a generous deck
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Property Details for 1/23 Penleigh Cres, Ocean Grove

1/23 Penleigh Cres, Ocean Grove is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 328m2. The place is currently for sale with Ocean Grove Real Estate.

Building Type
Townhouse
Land Size
328m2

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About Ocean Grove 3226

The size of Ocean Grove is approximately 18.5 square kilometres. It has 22 parks covering nearly 16.5% of total area. The population of Ocean Grove in 2011 was 12,555 people. By 2016 the population was 14,161 showing a population growth of 12.8% in the area during that time. The predominant age group in Ocean Grove is 0-9 years. Households in Ocean Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Grove work in a professional occupation. In 2011, 75.8% of the homes in Ocean Grove were owner-occupied compared with 76.1% in 2016.

Ocean Grove has 11,294 properties. Over the last 5 years, Houses in Ocean Grove have seen a 36.81% increase in median value, while Units have seen a 21.01% increase. As at 31 October 2024:

  • The median value for Houses in Ocean Grove is $991,968 while the median value for Units is $770,658.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 175 properties listed for sale, and 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 385 properties were sold in the past 12 months in Ocean grove.

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Mark Blaskovic
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