SOLD
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Sold on 08 Feb 2024 for $522,500

1/25 Wallington Road
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 103m2
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Property Details for 1/25 Wallington Rd, Ocean Grove

1/25 Wallington Rd, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Ocean Grove in the last 12 months.

Building Type
Unit
Land Size
103m2

Last Listing description (February 2024)

Just a 250m walk to the glistening waters of the Barwon River, 900m to the town centre, and an easy 1km stroll to Ocean Grove’s patrolled surf beach, this renovated beach cottage offers an incredible opportunity to embrace an idyllic and laid-back coastal lifestyle.

With a compact footprint, ‘Moana’ presents an alluring option for downsizers or those seeking a secure lock-and-leave weekender in a desirable waterside locale. With a proven short-term rental history, investors will recognise the potential for reliable income returns, while there is also outstanding appeal for first-time buyers looking to gain a foothold into the coveted Bellarine Peninsula property market.


Bursting with a cool beach shack vibe amid a no-maintenance setting, this delightful unit opens to reveal open plan living, where a northern orientation imbues the space with wonderful natural light. Contemporary enhancements shine in the galley-style kitchen where sleek stone benchtops and stainless-steel appliances highlight the functional use of space.

The floorplan continues with two robed bedrooms, serviced by a combined bathroom/laundry, while a front verandah with alfresco blinds provides the perfect spot to sit back and soak up the salty sea air. For added comfort there is reverse cycle heating and cooling to keep you cosy through winter and cool through the warmer months.

A fully enclosed courtyard includes a practical garden shed that’s ideal for storing bikes and beach equipment, and there’s also a designated off-street parking space plus additional shared visitor parking.

From this fabulous location you can walk to an array of eateries and boutiques, stroll to the river and beach, or practice your swing on the local golf course. A short drive will take you to award-winning wineries, bespoke breweries, the region’s seaside villages, and an exciting choice of ocean and bay beaches.

Act now and start reaping the rewards of this neatly packaged offering moments from the water's edge while relishing easy access to everything that makes this community so highly regarded.

Property History for 1/25 Wallington Rd, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$522,500
08 Feb 2024
  • 08 Feb 2024
    Sold for $522,500
  • 10 Jan 2024
    Listed for Sale $525,000 - $575,000
  • 21 Oct 2021
    Sold for $520,000
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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 11,289 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, 382 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Nick Ford
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Ben Wallis
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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.