OFF MARKET

1/48 Riviera Crescent
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 183m2
Land area: 529m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 1/48 Riviera Cres, Ocean Grove

1/48 Riviera Cres, Ocean Grove is a 4 bedroom, 3 bathroom Unit and was built in 1991. The property has a land size of 529m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1991
Floor Size
183m2
Land Size
529m2
Local Government
Greater Geelong
Lot/Plan
1/PS741431

Last Listing description (August 2022)

Occupying approximately 529 sqm, this coastal abode presents an irresistible choice for families and holidaymakers alike.

Rustic gardens lead you towards the homes entrance, where the white weatherboard faade makes a charming first impression. Inside, the relaxed interiors perfectly capture the surrounding nature. The open plan living/dining/kitchen zone establishes the heart of the home, with French doors opening onto the sun-drenched balcony. Whether youre relaxing inside or entertaining on the balcony, youll love that the mature gums provide a tranquil outlook.


The kitchen exudes contemporary style with concrete benchtops, ample storage and stainless steel appliances (Miele dishwasher and Westinghouse 900mm oven/gas cooktop). Pendant lights make a chic statement above the breakfast bar. Downstairs, the spacious family room is perfect for children and teens who enjoy their own space.

The main bedroom features a walk-in robe and en suite. Three additional bedrooms with built-in robes are serviced by two bathrooms, creating a flexible layout over two levels. The laundry boasts access to the under-house storage. Ducted heating and evaporative cooling keep you in the utmost comfort. Home to mature trees, the backyard creates a wealth of space for children to roam and explore. Backyard vehicle access is ideal for storing caravans, boats or trailers.

Located in Old Grove, this prized setting places you a heartbeat from the scenic Blue Lake. The Lake Avenue Reserve is also a short stroll away for outdoor family fun, while the Ocean Grove Golf Course and Barwon River boat ramp are right at your fingertips. Enjoy easy access to shops, Ocean Grove Primary School, and the surf beach.

Property History for 1/48 Riviera Cres, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,050,000
05 Aug 2022
Listed for Rent
$580/w
19 Aug 2022
  • 05 Aug 2022
    Sold for $1,050,000
  • 25 Jul 2022
    Listed for Rent - Price not available
  • 26 May 2022
    Listed for Sale Contact Agent
Sign in to see more transactions

Commute Calculator

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, 385 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

Market Insights
Ocean Grove Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ocean Grove Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.