FOR SALE
$3,600,000-$3,950,000

119A The Terrace
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 407m2
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Incomparable Design and Luxury with Superior Ocean Views

The Feel:
Magnificently proportioned and with bespoke finishes that redefine coastal luxury, this off the plan 4BR townhouse with spectacular 180-degree ocean panorama sets a new benchmark in modern beachside living. From the Italian-made lift, and the state-of-the-art turntable driveway at the entrance to the north facing pool at the rear, every inch of this captivating tri-level home has been fastidiously considered. A coastal retreat of the finest calibre, this superb 4-bedroom family domain enjoys an enviable location within steps of the surf beach and town centre.
The Facts:
-Outstanding opportunity to purchase a luxury 4BR townhouse in the heart of Ocean Grove
-Breathtakingly beautiful & effortlessly functional design, with design & construction by Sherriff Constructions
-Buy off-the-plan to choose your preferred interior colour scheme- either light or dark- to suit your style
-Light & airy floorplan is set across 3 spacious levels, all serviced by a lift to enable accessibility
-Elevated outlook takes in panoramic ocean views from the 1st & 2nd floors
-Natural warmth of timber is carried through from the Blackbutt exterior detail to engineered oak internal flooring
-Luxury indoor-outdoor living & entertaining is linked via expansive glazing & stacker doors
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Property Details for 119a The Terrace, Ocean Grove

119a The Terrace, Ocean Grove is a 4 bedroom, 3 bathroom Townhouse with 3 parking spaces. The property has a land size of 407m2. The place is currently for sale with Bellarine Property - Barwon Heads.

Building Type
Townhouse
Land Size
407m2

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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 11,264 properties. Over the last 5 years, Houses in Ocean Grove have seen a 41.75% increase in median value, while Units have seen a 29.44% increase. As at 30 September 2024:

  • The median value for Houses in Ocean Grove is $1,004,394 while the median value for Units is $816,864.
  • Houses have a median rent of $575 while Units have a median rent of $520.
There are currently 170 properties listed for sale, and 16 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 375 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Levi Turner
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Kate Lane
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Bellarine Property - Barwon Heads
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.