16 Somerdale AvenueOcean Grove VIC 3226
Property Details for 16 Somerdale Ave, Ocean Grove
16 Somerdale Ave, Ocean Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 667m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (April 2024)
This charming collendina beach style home situated on a 667M2 corner block in a quiet court comes with approved subdivision plans and architect plans for 2 luxury townhouses.
This solid brick home with 3 bedrooms and 2 bathroom - the large main bedroom with ensuite and WIR's that also opens onto a west facing deck and a secluded garden; and the 2nd and 3rd bedrooms at the opposite end of the home, both with BIR's.
A large open plan living room and kitchen is at the heart of the home and boasts floating timber floors with an under cover East facing and open west facing deck to capitalise on the morning and afternoon sun great for a coffee in the morning and a glass of wine in the afternoon.
Features:
- Split system air con in master bedroom and main living room
- Ducted gas heating throughout
- Floating timber floors in main living room
- Large west facing entertainment deck
- 2 car lock up garage/storage shed
- Garden surrounds
- Approved Subdivision Plans for 2 Townhouses
- Architectural Plans for Luxury Townhouses
This property has many options that will suit investors, developers and home buyers. Rent, move in, knock down and re-build 2 new homes! The choices are endless.
Sold with vacant possession.
Property History for 16 Somerdale Ave, Ocean Grove, VIC 3226
- 28 Aug 2023Sold for $842,000
- 10 Mar 2023Listed for Sale $890,000
- 07 Apr 2021Sold for $775,000
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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 11,288 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.
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