FOR RENT

12 Parma Crescent
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 656m2
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This property is currently on the market
A Coastal Gem… Complete With Bungalow
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Property Details for 12 Parma Cres, Ocean Grove

12 Parma Cres, Ocean Grove is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 656m2 and floor size of 115m2.This Property is currently listed for rent with RT Edgar Ocean Grove

Building Type
House
Year Built
1980
Floor Size
115m2
Land Size
656m2
Local Government
Greater Geelong
Lot/Plan
397/LP212374

Last Listing description (August 2024)

This three-bedroom home features a generous living zone, with a gas log fireplace. The dining room delights with an adjoining sitting nook on one side and the kitchen on the other.
The kitchen is well equipped with a built-in pantry, oven and gas cooktop.

All three bedrooms feature built-in robes, with the master boasting direct access to the bathroom. Showcasing floor-to-ceiling tiling and an open shower. The laundry and separate toilet complete the layout, while a split-system air conditioner provides extra comfort.

A spacious alfresco deck for entertaining overlooks a large backyard.
The large bungalow offers immense versatility as a home office, teen retreat, play zone.

The property is well located with the surf beach moments away, close to schools and shops, as well as public transport.

This property can come completely furnished with use of the bungalow OR unfurnished without use of the bungalow.

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Property History for 12 Parma Cres, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$830,000
22 Jul 2021
Listed for Rent
$550/w
22 Aug 2024
  • 22 Aug 2024
    Listed for Rent $550 / week
  • 09 Sep 2021
    Listed for Rent - Price not available
  • 22 Jul 2021
    Sold for $830,000
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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 11,326 properties. Over the last 5 years, Houses in Ocean Grove have seen a 40.68% increase in median value, while Units have seen a 22.37% increase. As at 31 July 2024:

  • The median value for Houses in Ocean Grove is $996,466 while the median value for Units is $794,517.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 155 properties listed for sale, and 21 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 389 properties were sold in the past 12 months in Ocean grove.

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