OFF MARKET

1/48 Powell Street W
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 274m2
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Property Details for 1/48 Powell St W, Ocean Grove

1/48 Powell St W, Ocean Grove is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 274m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Floor Size
105m2
Land Size
274m2
Local Government
Greater Geelong
Lot/Plan
1/SP22297

Last Listing description (September 2021)

The Feel:
Positioned in an enviable location in easy walking distance to The Terrace shopping, community and recreational facilities, don’t miss this opportunity to secure an easy-care property in an outstanding setting. Neatly presented and oriented to harness the northerly sunshine, the open plan living and meals opens directly onto a fully fenced, spacious front yard, with plenty of room for the caravan or extra vehicle. Additional features include a family bathroom, SSAC, gas heating, tandem garage and rear pergola.

The Facts:

-Single level home in a prized central location in old Ocean Grove
-Set on front allotment with advantageous sense of space
-Fenced north-oriented front yard with double gates for extra parking
-Open plan kitchen, living & meals with SSAC, Rinnai wall heater and slate hearth
-Timber kitchen of its era, with wall oven, pantry & countertop breakfast bar
-North & east windows capture the morning & afternoon sun over the garden
-Welcoming front entry from the covered veranda, lovely spot for your morning cuppa
-Three bedrooms with built-in robes, or designate the 3rd BR as a Study
-Family bathroom services all (bath, shower, vanity, Tastic heater & separate WC)
-Very private, immaculate presentation, with well-established gardens & 1,050ltr water tank
-Tandem double lock-up garage with rear door access
-Rear pergola presents great covered storage & utility area
-Easy flat walk to The Terrace main street shops, community amenities & healthcare

The Owner Loves…
“I love the sense of space we have in this front unit, with places to sit with a cuppa and feel the sunshine in any season. It’s such an easy walk to the shops and the library, or down to The Groove Café to meet friends.”

*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 1/48 Powell St W, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$850,000
05 Sep 2021
  • 05 Sep 2021
    Sold for $850,000
  • 06 Aug 2021
    Listed for Sale $825,000-$875,000
  • 27 Jul 2013
    Sold for $410,000
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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 11,326 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.

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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.