OFF MARKET

1/70 Draper Street
Ocean Grove VIC 3226

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 391m2
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Property Details for 1/70 Draper St, Ocean Grove

1/70 Draper St, Ocean Grove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 391m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1980
Floor Size
90m2
Land Size
391m2
Local Government
Greater Geelong
Lot/Plan
1/SP30424

Last Listing description (July 2022)

With its private, north-facing aspect in the highly sought after and central 'Old Ocean Grove' location on Draper Street, this charming two bedroom brick cottage is low-maintenance single level living at its best. The original and well maintained home is set back from the street down a wide drive on a large rear block with established gardens and fruit trees. There's potential here to improve, extend or even start again, and with the location so close to central Ocean Grove shops, schools and the beach, this is an incredible opportunity to fulfill your coastal living dream.

The home has two bedrooms, one bathroom, and a carpeted, open plan living and dining area and sits adjacent to a functional kitchen. The kitchen has been exceptionally well maintained and includes a breakfast bar, built-in pantry and freestanding electric oven/gas stove with a large window looking out over a magnificent flowering vine. Reverse cycle air conditioning in the main living room maintains the ambient temperature, and the winter sun streaming through the wide north-facing windows provides both light and warmth. Down the short hall are the main north-facing bedroom with two decorative arched WIRs and the second bedroom with double BIRs. The functional bathroom with shower and bath, separate toilet and large laundry with broom cupboard and access to the rear yard complete the picture.

Set on a private rear block of 390sqm (approx.) and built by the original owners of the house in front, this home is surrounded by garden space mostly to the front and side and out the back is a small veggie patch. The olive and cherry trees produce abundant yearly crops and there are lemon and lime trees too. The single lock up garage provides ample storage as well as a secure car space.

An ideal first home, weekender or downsizer, there is so much potential here in an amazing location close to everything that Ocean Grove has to offer. Live the coastal dream mere minutes away from world class surf beaches, shops and parklands, but hurry! This great opportunity will not last long.

- North-facing 2 bed/1 bath brick cottage
- Set back from the street on rear block approx. 390sqm
- Functional kitchen, bathroom and laundry
- SLUG provides ample storage and car space
- Highly sought after position on Draper St, Ocean Grove
- Close to ocean beaches, shops and local amenities

Property History for 1/70 Draper St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$875,000
22 Jul 2022
  • 22 Jul 2022
    Sold for $875,000
  • 20 Jul 2022
    Listed for Sale $825,000 - $875,000
  • 29 Oct 2005
    Sold for $215,000
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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 11,293 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, 384 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.