FOR SALE
$1.39m - $1.49m

28 The Parade
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 821m2
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Riverside Charm: Embrace Coastal Living in Blue Chip Location

Unique:
Welcome to your coastal oasis! Nestled close to Ocean Grove Main Beach and the serene Barwon
River, this charming three-bedroom home offers the perfect blend of location and potential. Situated
on a spacious 821m2 elevated block, enjoy views of the river from your balcony. Whether you're
inclined to renovate to your heart's desire, redevelop or move in and embrace coastal living immediately, this property promises endless possibilities for your dream seaside lifestyle.
Key Features:
- Prime location: just blocks from Old Ocean Grove main beach and Barwon River
- Rear lane access via Hill Street
- 3 bedrooms, 1 bathroom on large leafy 821m2 block with river views
- Open plan kitchen, dining, and central living area
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Property Details for 28 The Parade, Ocean Grove

28 The Parade, Ocean Grove is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 821m2. The place is currently for sale with Pavilion Property Group.

Building Type
House
Land Size
821m2

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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 11,326 properties. Over the last 5 years, Houses in Ocean Grove have seen a 40.68% increase in median value, while Units have seen a 22.37% increase. As at 31 July 2024:

  • The median value for Houses in Ocean Grove is $996,466 while the median value for Units is $794,517.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 155 properties listed for sale, and 21 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 389 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Dan Bennett
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Zoe Le Page
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Pavilion Property Group
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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.