OFF MARKET

1/117 The Parade
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 242m2
Land area: 408m2
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Property Details for 1/117 The Parade, Ocean Grove

1/117 The Parade, Ocean Grove is a 4 bedroom, 3 bathroom Unit and was built in 2019. The property has a land size of 408m2 and floor size of 242m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
2019
Floor Size
242m2
Land Size
408m2
Local Government
Greater Geelong
Lot/Plan
1/PS606884

Last Listing description (August 2018)

Hurry- this may be your last chance to secure a clear and level build site in central Old Ocean Grove for your dream home (STCA).
Free of vegetation, this 400sqm+ north-facing block is 500m (approx) to the shopping and cafe precinct, with Ocean Grove s patrolled Main Beach, parks and walking trails all within easy reach.
Such an amazing opportunity to build your dream home (STCA) - in an extremely central location where the capital growth improves yearly.

An exclusive and established area, see what can be done with this block just by looking around at similar homes in this location. Stunning residences built for the views now line the Parade and will only continue.
From a 3rd level, capture some of the most amazing views from the Bluff to the Heads of Port Phillip Bay!
Invest now and land bank for the future with the best performing suburb across Geelong, the Surfcoast and Bellarine for 2016. Enquire Now!

Property History for 1/117 The Parade, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$515,000
03 Jul 2018
  • 03 Jul 2018
    Sold for $515,000
  • 13 Apr 2017
    Listed for Sale $485,000-$530,000
  • 11 Nov 2015
    Sold for $364,000
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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 11,293 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 175 properties listed for sale, and 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 384 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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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.