FOR SALE
$820,000 - $880,000

22 Penleigh Crescent
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 570m2
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Family Coastal Retreat

This meticulously presented home in the heart of Ocean Grove is a standout opportunity, offering open, light-filled spaces, and a beautiful garden and lawn in a highly desirable, quiet street just moments from the local reserve, lake, and playground.
The versatile floorplan allows for either a four-bedroom, single-living arrangement or a three-bedroom layout with two spacious living areas, giving you the flexibility to adapt the home to your lifestyle needs. Set on a generous 570 m² block, this property blends comfort and coastal charm, making it perfect for those seeking a relaxed, easy-going lifestyle.
Inside, the home is designed for effortless living, featuring an expansive open-plan living area that seamlessly flows onto a large alfresco deck, which overlooks a lush, fenced backyard—ideal for entertaining or unwinding in peace. The well-appointed kitchen, complete with a gas cooktop and a spacious walk-in pantry, is perfect for those who love to cook and host gatherings. The master suite offers a private retreat with a walk-in robe, ceiling fan, air conditioning, and an ensuite. The second and third bedrooms, both featuring built-in robes and ceiling fans, make this a family-friendly home. The family-sized main bathroom includes a large bath, shower, and separate toilet, ensuring comfort for all.
Additional conveniences include a separate internal laundry and an internally accessible double lock-up garage, adding to the home's practicality. Located close to local amenities and the stunning beaches of Ocean Grove, this property offers the perfect balance between a peaceful coastal lifestyle and the convenience of nearby services.
This property presents a unique opportunity to embrace the best of coastal living. Its move-in-ready condition, flexible layout, and prime location make it a must-see for anyone looking for a relaxed and versatile home in a welcoming neighborhood.
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Property Details for 22 Penleigh Cres, Ocean Grove

22 Penleigh Cres, Ocean Grove is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 570m2. The place is currently for sale with Hodges Ocean Grove.

Building Type
House
Land Size
570m2

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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, 381 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Chris Schumann
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Jason Burmistrow
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Hodges Ocean Grove
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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.