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.
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:
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."
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:
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