FOR SALE
$495,000 - $544,000

3/6 Draper Street
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 109m2
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Enviable ‘Old Grove’ Location

With its north-facing aspect in a highly sought after and central ‘Old Grove’ location on Draper Street, this charming two-bedroom brick cottage is low-maintenance single level living at its best. The unrenovated but very well-maintained home is a front unit in a small, quiet complex of only six units with an established front garden. There’s potential to improve, and with the location so close to central Ocean Grove shops, schools and the beach, this is an incredible opportunity to fulfill your coastal living dreams.
The home has two bedrooms, one bathroom, and a freshly carpeted living area adjacent to a reasonably sized kitchen. The kitchen has been exceptionally well maintained and includes timber-look cabinetry and a freestanding electric oven/gas stove with a large window looking out over the rear courtyard. Reverse cycle air conditioning in the main living room maintains the ambient temperature, and the winter sun streaming through the north-facing window provides both light and warmth. One bedroom is at the front of the home directly off the living area and would be an ideal study or craft room. The second bedroom is at the rear of the home, close to the functional bathroom with shower-over-bath and a decent laundry with access to the rear courtyard. Both bedrooms feature built-in robes.
Its small allotment of 108 sqm (approx.) allows for a compact, low-maintenance courtyard garden and the common gardens with large established trees at the front provide a sense of space. A side driveway provides off-street parking for one car.
Priced affordably at an entry-level price point, this home is ideal as a first home, a no-fuss lock-up-and-leave weekender or the perfect downsizer for singles or couples. The amazing location close to everything that Ocean Grove has to offer is unparalleled – a flat walk from Draper Street to The Terrace and all its amenities. Live the coastal dream mere minutes away from world class surf beaches, shops and parklands, but hurry! This great entry-level opportunity will not last long.
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Property Details for 3/6 Draper St, Ocean Grove

3/6 Draper St, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 109m2. The place is currently for sale with RT Edgar Ocean Grove.

Building Type
Unit
Land Size
109m2

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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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Ashlyn Schweiger
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Brock Grainger
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RT Edgar Ocean Grove
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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.