OFF MARKET

1/16 Riviera Crescent
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 197m2
Land area: 361m2
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Property Details for 1/16 Riviera Cres, Ocean Grove

1/16 Riviera Cres, Ocean Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 361m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
2012
Floor Size
197m2
Land Size
361m2
Local Government
Greater Geelong
Lot/Plan
1/PS631736

Last Listing description (August 2021)

The Feel:
Located in the highly popular lake precinct in Ocean Grove, set in a desirably peaceful and idyllic setting with absolute lake frontage. Clever split-level design and an expansive balconies maximise enjoyment of the picturesque scenery and offers unique character. You don't want to miss out on this opportunity!

The Facts:

-Master Bedroom with walk in robe and two way ensuite
-Two further Bedrooms with Built in robes
-Two living zones with lake views
-Study/home office nook
-Two large decks overlook the calm waters and local wildlife
-A fully landscaped, low maintenance yard
-Upstairs has solid timber floors
-Sleek white kitchen with undermount sink and waterfall stone benchtop
-Quality Miele appliances
-A north facing master suite is filled with warm sunlight
-Well fitted walk in robe
-Dual way bathroom features stone topped double vanities and frameless screened shower
-Internal double garage access
-Central heating throughout home
-Reverse Cycle system provides cooling
-Uninterrupted water views stretching east to west

The owner Loves...
"Its an absolute ideal location. We love the amount of amazing birdlife and the tranquilly of living on the lake yet having the ocean and river a few minutes away. What more could you ask for"

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 1/16 Riviera Cres, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,525,000
05 Aug 2021
  • 05 Aug 2021
    Sold for $1,525,000
  • 16 Jul 2021
    Listed for Sale $1,475,000-$1,550,000
  • 16 Apr 2014
    Listed for Sale $600,000 PLUS (UNDER OFFER)
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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.

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.