OFF MARKET

11 Rainbow Court
Ocean Grove VIC 3226

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 116m2
Land area: 822m2
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Property Details for 11 Rainbow Ct, Ocean Grove

11 Rainbow Ct, Ocean Grove is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 822m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1983
Floor Size
116m2
Land Size
822m2
Local Government
Greater Geelong
Lot/Plan
119/LP118994

Last Listing description (January 2023)

The Feel:
Perched atop an elevated site and capturing spectacular ocean panoramas over two impressive levels, this mega family home presents a privileged resort lifestyle in an exclusive coastal setting. A substantial floorplan offers superb 5-bedroom accommodation and exceptional living zones inside and out, underpinned by quality finishes and a laid-back seaside aesthetic. Nestled behind landscaped gardens in a private setting of 822sqm (approx.), this true lifestyle residence also comes with heated pool, spa and in-ground trampoline. What more could you want?

The Facts:

-Superb family home of grand proportions, highlighted by mesmerising ocean panoramas from Queenscliff to Cape Schanck
-Set across 2 substantial levels, the home presents a fusion of quality finishes, large spaces & exceptional indoor-outdoor living & entertaining
-5 bedrooms, 3 living rooms & 3 bathrooms provide ample space for large families, generational living, or guest accommodation
-Upon entry, Tasmanian Oak flooring & expansive glazing create an immediate relaxed coastal feel
-Open plan communal domain is a focal point of the lower level, where families can come together for meals or simply to take in the ocean aspect
-Entertain a crowd from the stone-topped gourmet kitchen, equipped with a full suite of Miele appliances including twin wall ovens (one pyrolytic), in-built slow cooker, 900mm cooktop with wok burner & dishwasher
-Step down to the adjoining rumpus room, where full height sliding glass doors connect to undercover alfresco & resort-style outdoors
-Upper level reveals a spacious family room, set beneath a pitched ceiling and with private balcony access to make the most of the captivating panorama
-Enjoy elevated ocean views from the comfort of your master suite, where twin WIRs, ensuite & private deck complete the serene retreat
-4 additional bedrooms, all with BIRs, are split across the home’s 2 levels, and include options with an ocean outlook or a private balcony
-A family bathroom services each floor, both featuring built-in bath, shower, underfloor heating & separate WC
-Ducted heating & cooling acclimates the home throughout the seasons
-Relaxed living continues outdoors, with a spacious undercover alfresco zone overlooking the north-facing rear yard – ideal for hosting large family gatherings
-The secure 822sqm (approx.) site enables a private resort feel, with expansive lawn, heated pool, spa & in-ground trampoline
-40,000L salt-chlorinated pool comes with solar and commercial grade gas heating for year-round use
-Rainwater storage tanks + 2 garden sheds complete the tree-lined outdoors
-Highly coveted court location is within easy reach of the Begola Wetlands (350m), surf beaches (800m) and the vibrant shopping & dining precinct of The Terrace (1.2km)

The Owner Loves….
“One of our favourite features of this home is its proximity to the beach and the shops, both are just a short walk away. But undoubtedly the best attribute is the spectacular outlook. You can see all the way from the Point Lonsdale lighthouse to the Barwon Heads Bluff; the view is ever-changing and always magnificent."

Property History for 11 Rainbow Ct, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$2,000,000
20 Jan 2023
  • 20 Jan 2023
    Sold for $2,000,000
  • 30 Nov 2022
    Listed for Sale $2,200,000-$2,400,000
  • 25 Mar 2011
    Listed for Sale $675,000
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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 11,294 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 179 properties listed for sale, and 20 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 376 properties were sold in the past 12 months in Ocean grove.

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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.