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.
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.
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:
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