SOLD
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Sold on 23 Dec 2023 for $775,000

118 Sunset Strip
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 585m2
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Property Details for 118 Sunset Strp, Ocean Grove

118 Sunset Strp, Ocean Grove is a 3 bedroom, 1 bathroom House. The property has a land size of 585m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Ocean Grove in the last 12 months.

Building Type
House
Land Size
585m2
Local Government
Greater Geelong
Lot/Plan
80/LP55384

Last Listing description (December 2023)

Nestled behind the sand dunes of Ocean Grove beach, the soundtrack of the sea is on repeat at this retro, three bedroom home, just a short walk to the beach. Set on a generous block, the private back garden includes a covered alfresco zone overlooking a spacious lawn shaded by mature plantings ideal for just off the beach barbecues and relaxed weekend entertaining.

A low maintenance option for buyers keen for a casual weekender, the central living space flows to the updated kitchen and meals area where a new gas cooktop and oven complement a fresh tiling scheme. Ample storage completes the kitchen along with a neat laundry and doors opening to the garden and bbq area and three bedrooms offer flexible accommodation. A gas wall heater and airconditioning are handy additions and secure fencing with a gate to the back garden creates a safe space for kids and pets. Not only close to the surf, this incredible location is also close to local schooling options, shops and cafes. Calming walkways through wetlands provide excellent weekend walks and nearby sporting fields add further amenity to this in demand address.


Opportunity exists to reinvigorate this site, either by renovation of the existing property or taking the chance to develop the block (STCA) to produce a spectacular beach inspired home in this coveted locale. Astute purchasers may also take advantage of the short term holiday market whilst plans are in progress or simply add to an investment portfolio.

Property History for 118 Sunset Strp, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$775,000
23 Dec 2023
  • 23 Dec 2023
    Sold for $775,000
  • 06 Dec 2023
    Listed for Sale $750,000 - $820,000
  • 11 Jun 1982
    Sold for $33,950
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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 16 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 383 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Ben Wallis
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Nick Ford
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RT Edgar 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.