FOR SALE
$1,450,000 - $1,550,000

Level 1, 1/78 The Terrace
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Designer Brilliance with Captivating Coastal Views

A lifestyle rich in contemporary design and absolute convenience presents across this striking three-bedroom apartment, where a sweeping ocean outlook, sophisticated spaces, and quality finishes combine to deliver a lifestyle of luxury and relaxation.
Thoughtful design by the renowned studio of Michael Higgins Building Design is matched by an unbeatable position in the very heart of town, where a buzzing café and shopping scene on your doorstep and world-class surfing beaches just a short stroll away make for a lifestyle of utmost enjoyment.
Unfolding across two light-filled levels, the home indulges the senses with its breathtaking upper-level open plan living and dining hub defined by soaring three-metre-high ceilings, clean lines, and a spectacular coastal panorama that stretches as far as the eye can see.
An understated palette allows the ocean outlook to take centre stage, as wall-to-wall glazing maximises cross ventilation while extending the living zone outwards to a choice of entertaining balconies, capturing the sweeping views in one direction and glorious northern sunshine in the other.
Central to the space is a showpiece kitchen finished with stone benchtops, quality European appliances, and a 4.6-metre island providing an ideal focal point for social gatherings.
Downstairs, sumptuous spaces continue with a free-flowing accommodation hub, comprising a view-swept main bedroom with walk-through robe and ensuite, complemented by two further robed bedrooms with balcony access, serviced by a full family bathroom.
Offering a lock-up-and-leave lifestyle that’s perfect for laidback permanent living, effortless holiday escapes, or short-term rental accommodation, this superb residence is comprehensively appointed with zoned reverse cycle heating and cooling, double glazing, intercom, storage locker, and rear laneway entry to secure parking for two vehicles.
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Property Details for Level 1, 1/78 The Terrace, Ocean Grove, VIC 3226

Level 1 1/78 The Terrace Ocean Grove VIC 3226 is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The place is currently for sale with RT Edgar Ocean Grove.

Building Type
Apartment

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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 11,297 properties. Over the last 5 years, Houses in Ocean Grove have seen a 36.81% increase in median value, while Units have seen a 21.01% increase. As at 31 October 2024:

  • The median value for Houses in Ocean Grove is $991,968 while the median value for Units is $770,658.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 173 properties listed for sale, and 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 387 properties were sold in the past 12 months in Ocean grove.

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Brock Grainger
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Lee Botsios
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RT Edgar Ocean Grove
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