FOR SALE
$1,850,000-$1,999,000

40A The Terrace
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 349m2
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Luxury Townhouse Living with Sweeping Coastal Views

The Feel:
Contemporary coastal design, a generous tri-level layout, and first-class appointments make luxury living an everyday indulgence in this custom designed home, nestled into a premium lifestyle address. Designed to capitalise on a sweeping ocean outlook afforded by its elevated position, the focus is firmly on stylish indoor-outdoor entertaining with major rooms opening directly onto view-swept balconies. Also catering to relaxed family living, four generous bedrooms are impressively appointed, while natural materials and extensive glazing harmonise effortlessly with the coastal surrounds. Enjoy unbeatable convenience, just 250m to The Terrace restaurants, with the beach a short walk further on.
The Facts:
-A haven of modern functionality & relaxed coastal living, custom built by acclaimed Greig Design & Construction
-Spacious tri-level layout highlighted by panoramic ocean views
-Stepping inside, it becomes immediately apparent that this is a home of generous proportions
-It welcomes with an entry foyer, where timeless timber flooring & natural light set a precedent for the space & style beyond
-Adorned with full width glazing that captures the southern panorama, the main living room draws the outdoors in
-Designed for memorable entertaining, a large alfresco balcony provides a fabulous extension of the main living hub
-Overlooking the living & dining areas is the impressive stone kitchen, merging form & function
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Property Details for 40a The Terrace, Ocean Grove

40a The Terrace, Ocean Grove is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces. The property has a land size of 349m2. The place is currently for sale with Bellarine Property - Barwon Heads.

Building Type
Townhouse
Land Size
349m2

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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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Levi Turner
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Dan Halsey
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Bellarine Property - Barwon Heads
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