OFF MARKET

1/97 The Terrace
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
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Property Details for 1/97 The Terrace, Ocean Grove

1/97 The Terrace, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2018. The property has a floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2018
Floor Size
120m2
Local Government
Greater Geelong
Lot/Plan
1/PS745980

Last Listing description (August 2023)

Absolutely central to everything, this impressive 2 bedroom apartment offers exceptional ease of living. Light-filled interiors, high-level finishes and a ground floor position create a comfortable and practical space to enjoy a low key lifestyle.

Features include:

-Bamboo flooring

-commercial double glazing for climate and noise control

-Stone island benches

-Stainless steel appliances

-Indoor/Outdoor living

-open plan kitchen/living

-dining steps out to wide balcony

-Single bathroom with dual entry.

-Secure entry to underground carpark

-Storage cage.

-Secure entry and all levels serviced by lift

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective tenants are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 1/97 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$825,000
11 May 2021
Listed for Rent
$475/w
07 Aug 2023
  • 09 Jun 2023
    Listed for Rent $475 / week
  • 18 Mar 2022
    Listed for Rent - Price not available
  • 15 Sep 2021
    Listed for Rent $550 / week
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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 11,294 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

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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.