FOR SALE
$900,000 - $990,000

3/97 The Terrace
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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A Relaxed Beachside Lifestyle Awaits

Nestled in the heart of Ocean Grove, this property offers an ideal setting for a life of ease and relaxation. Thoughtfully designed to maximize space and functionality within a small footprint, it boasts a northern orientation that floods the interior with natural light. High-end neutral finishes add effortless style to the home, which is securely situated in the bustling town centre.
The light-filled open-plan kitchen, meals, and living area provide a welcoming space for everyday living, with corner sliding doors leading to a covered alfresco area that's perfect for year-round entertainment. An electric roller screen ensures comfort during cooler months, while a private outdoor courtyard features ample space for children and pets to play safely.
The master suite boasts a walk-through robe and ensuite bathroom, while two additional bedrooms offer built-in robes and reverse cycle air conditioning. Timber veneer floors, plantation blinds, and a built-in laundry add to the convenience of the home.
With an underground garage providing two allocated parking spaces and a secure cage, residents can enjoy the peace and quiet of their surroundings despite the property's central location. Proximity to shops and surf beaches allows for easy access to amenities, making it possible to leave the car at home and walk everywhere within seconds.
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Property Details for 3/97 The Terrace, Ocean Grove

3/97 The Terrace, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The place is currently for sale with RT Edgar Ocean Grove.

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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.

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