1/76a The Terrace, Ocean Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Situated right at the heart of The Terrace cafe precinct, and just 400m (approx.) to the sand, this stylish residence provides immediate access to Ocean Grove's best assets - making it an ideal weekender, holiday rental investment or permanent residence.
-Ideal addition to your Self-Managed Super Fund portfolio
-Potentially lucrative holiday rental
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:
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