1/73 The Terrace Ocean Grove VIC 3226
Property Details for 1/73 The Terrace, Ocean Grove
1/73 The Terrace, 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 717m2. While the property is not currently for sale or for rent, it was last sold in September 1992.
Last Listing description (January 2016)
This property is positioned in the heart of the iconic Ocean Grove along its busy retail section. Set on the first floor overlooking Coles carpark this is a very rare vacancy. Ocean Grove not only boasts all year round hustle and bustle but is a perfect holiday destination. Currently the property is run as St John of God Pathology and is available in January.
* Rent $54,295.20 per annum + GST + Outgoings
* Building Area: 200m2 approx
* Stairwell and lift access
* Male and Female Ammenities
* Air Conditioning
* Partitioned areas and reception desk
* Walking distance to the beach and cafes
* Available early Jan 2016
Property History for 1/73 The Terrace, Ocean Grove, VIC 3226
- 18 Apr 2016Listed for Rent - Price not available
- 22 Dec 2015Listed for Rent $1,041 / week
- 11 Sep 1992Sold for $145,000
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0About 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 11,288 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.
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