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Sold on 12 Aug 2024 for $790,000

1/79 Powell Street
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 324m2
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Property Details for 1/79 Powell St, Ocean Grove

1/79 Powell St, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 324m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Ocean Grove in the last 12 months.

Building Type
Unit
Land Size
324m2

Last Listing description (August 2024)

Nestled at the forefront of a charming pair of homes, this immaculate home embodies easy coastal living with minimal upkeep. Its intuitive layout and seamless blend of indoor and outdoor spaces create a bright retreat surrounded by delightful gardens, within walking distance to The Terrace shops, everyday conveniences, and scenic parklands.

Rare dual living areas in this exceptional property offer ample space for families. The lounge effortlessly flows into a north-east facing open-plan kitchen/dining area, overlooking the private courtyard. Equipped with a Chef built-in oven, a 4-gas burner cooktop, a double sunken sink, a dishwasher, and a microwave nook, the kitchen is both functional and stylish.


Bedrooms are individually positioned off a central hallway, ensuring privacy. The Master bedroom, overlooking the courtyard, and a second bedroom, both feature built-in wardrobes. The centrally located bathroom boasts a shower, vanity, and bath, with a separate WC and clever dual door access allowing for ensuite-style entry from the master bedroom.

Convenience is further enhanced by a single-car garage providing internal access. A spacious laundry with built-in storage and exterior access, complete with a foldaway clothesline, adds practicality.

Enjoy comfortable climate control with a natural gas wall unit, ceiling fans throughout, and split-system air conditioning.

Whether you're downsizing, investing, or considering holiday rentals, this opportunity awaits your decision!

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Property History for 1/79 Powell St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$790,000
12 Aug 2024
  • 12 Aug 2024
    Sold for $790,000
  • 28 Mar 2024
    Listed for Sale $790,000 - $840,000
  • 17 Jul 2020
    Transferred
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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 11,378 properties. Over the last 5 years, Houses in Ocean Grove have seen a 32.17% increase in median value, while Units have seen a 16.28% increase. As at 30 November 2024:

  • The median value for Houses in Ocean Grove is $989,663 while the median value for Units is $775,261.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 173 properties listed for sale, and 14 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 386 properties were sold in the past 12 months in Ocean grove.

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