FOR SALE
$900,000 - $990,000

62 Sunset Strip
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 585m2
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Dual Occupancy Living in a Coveted Hilltop Position

A coastal offering unlike any other, this unique four-bedroom residence nestled within a highly prized hilltop setting presents an exciting opportunity for families seeking multi-generational enjoyment under one roof, or for buyers looking to capitalise on the lucrative short stay accommodation market.
Set to the rear of its elevated 585sqm (approx.) site and capturing a far-reaching outlook over the nearby sand dunes, the grand, multi-level home unveils an interior layout full of surprises.
Effectively two homes in one, it features a pair of almost identical, interconnected apartments, each with an open-plan living zone, full-sized kitchen, and two-bedroom, single-bathroom accommodation. Enjoy the entire residence as a whole, or separate and explore the income-earning potential.
Light and space come together in the living hubs, each with their own private entry, as sliding doors extend to a choice of alfresco decks for relaxed indoor-outdoor entertaining overlooking the grassy front yard and surrounding coastal landscape.
Kitchens are well equipped with a 60mm wall oven, 4-burner cooktop, and dishwasher, bedrooms are appointed with built-in robes, and the combined bathroom/laundry rooms are highlighted by a deluxe corner spa bath.
Notable extras include gas heating, ceiling fans, outdoor shower, a double lock-up garage, and separate single parking bay, while this enviable setting places you within 800m of spectacular coastline in one direction, and the Marketplace shops in the other.
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Property Details for 62 Sunset Strp, Ocean Grove

62 Sunset Strp, Ocean Grove is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 585m2. The place is currently for sale with RT Edgar Ocean Grove.

Building Type
House
Land Size
585m2

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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 11,377 properties. Over the last 5 years, Houses in Ocean Grove have seen a 32.17% increase in median value, while Units have seen a 16.28% increase. As at 30 November 2024:

  • The median value for Houses in Ocean Grove is $989,663 while the median value for Units is $775,261.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 171 properties listed for sale, and 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 398 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Aaron Jones
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Candace Smith
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RT Edgar 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.