SOLD
Sold on 19 Sep 2024 for $780,000

1B The Terrace
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 350m2
Sold By
Hayden Real Estate
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Property Details for 1b The Terrace, Ocean Grove

1b The Terrace, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 350m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Ocean Grove in the last 12 months.

Building Type
Unit
Land Size
350m2
Local Government
Greater Geelong
Lot/Plan
1/PS539546

Last Listing description (December 2024)

Nestled in the heart of Ocean Grove, we would like to introduce 1/1 The Terrace, effortlessly combining coastal charm with modern comfort. This three-bedroom, two-bathroom abode invites the family to unwind and embrace the coastal Bellarine lifestyle.

As you enter, you're greeted by an open living and kitchen area featuring low maintenance charcoal tiles and light welcoming windows. This space seamlessly flows onto the outdoor alfresco, creating the perfect setting for hosting an outdoor BBQ. Designed with your comfort in mind, the bedrooms are carpeted to ensure a cosy retreat after a long day. The spacious main bedroom features a large built-in wardrobe, offering ample storage space.

This townhouse places you mere moments away from the Barwon River, Ocean Grove Golf Club, Bowls Club and the popular caf 'Garage'. With picturesque walking tracks and delicious coffee just a few steps from your door, your coastal retreat doesn't get much better than this!

Property History for 1b The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$780,000
19 Sep 2024
  • 19 Sep 2024
    Sold for $780,000
  • 04 Apr 2024
    Listed for Sale $780,000 - $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 11,378 properties. Over the last 5 years, Houses in Ocean Grove have seen a 32.17% increase in median value, while Units have seen a 16.28% increase. As at 30 November 2024:

  • The median value for Houses in Ocean Grove is $989,663 while the median value for Units is $775,261.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 173 properties listed for sale, and 15 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 386 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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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.