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Sold on 11 Oct 2024 for $704,999

118 Shell Road
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 592m2
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Property Details for 118 Shell Rd, Ocean Grove

118 Shell Rd, Ocean Grove is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 592m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Ocean Grove in the last 12 months.

Building Type
House
Land Size
592m2
Local Government
Greater Geelong
Lot/Plan
3/PS300907

Last Listing description (October 2024)

This charming three-bedroom home is ideal for young couples or a small family seeking a cozy first time coastal retreat. It offers a perfect balance of simplicity and practicality, featuring an expansive pergola, spacious garage, a study nook/office, and an outdoor studio or children's play area.

The functional layout includes an open living/dining area adjacent to the kitchen, complete with a gas stove top, dishwasher, and ample cupboard space. The north-facing main living area is complemented by a woodfire place, while the three bedrooms feature built-in robes and share a central bathroom. In the rear garden, a standalone studio provides an ideal setup for working from home or as a kids' retreat.

Set on a generous 592sqm (approx.) block in the newly RGZ3 zone, this property presents exciting potential for double storey subdivision (STCA). Previously leased at $495 per week, it offers potential income while plans and permits are pursued.

Located in the heart of Ocean Grove, this home embodies a family-friendly lifestyle with its proximity to the beach, shopping village, and primary schools in a welcoming, community-oriented neighborhood. Positioned centrally in a highly desirable area, this residence offers an ideal sanctuary for a young couple or a first home for a small family. Don't miss out on the opportunity to secure your first property in Ocean Grove - schedule an inspection today.

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Property History for 118 Shell Rd, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$704,999
11 Oct 2024
Listed for Rent
$495/w
16 Jul 2024
  • 11 Oct 2024
    Sold for $704,999
  • 18 Jul 2024
    Listed for Sale Contact agent
  • 01 Jul 2024
    Listed for Rent $495 / 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 11,254 properties. Over the last 5 years, Houses in Ocean Grove have seen a 41.75% increase in median value, while Units have seen a 29.44% increase. As at 30 September 2024:

  • The median value for Houses in Ocean Grove is $1,004,394 while the median value for Units is $816,864.
  • Houses have a median rent of $575 while Units have a median rent of $520.
There are currently 166 properties listed for sale, and 14 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 387 properties were sold in the past 12 months in Ocean grove.

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