OFF MARKET

2/108 Eggleston Street
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 234m2
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Property Details for 2/108 Eggleston St, Ocean Grove

2/108 Eggleston St, Ocean Grove is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 234m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
Unit
Land Size
234m2
Local Government
Greater Geelong
Lot/Plan
2/SP23112

Last Listing description (January 2013)

The demand for property in this seaside location is higher than average due to its lifestyle benefits and close proximity to Geelong. With this spacious unit just one block from the main street and only 500m to ocean beaches, its location is highly desirable and its capital growth potential is outstanding. The potential is not limited to investors though, first home buyers keen to get a start on the real estate market or downsizers seeking more freedom to enjoy their surrounds and free time will appreciate what this property has to offer.

At a lead in price and affordable for all buyers, there is no doubt that it would benefit from some simple updating but is also perfectly comfortable; presented in a neat, clean manner with lovely mature gardens surrounding it that provide both privacy and a delightfully green, leafy outlook from every window.

Space in this home has been allocated in all the right areas with an extra large living area leading through to a timber kitchen with adjacent meals area and direct access to the paved fernery and courtyard area at the rear. The electric cooking appliances coupled with a dishwasher and ample storage make this area both functional and pleasant to work in.

Down the passage, the master bedroom has a relaxing feel being filled with light and overlooking the garden, it is also blessed with a wall of built-in robes. The second bedroom shares the vista and also boasts a double built-in robe. The third bedroom is really suitable for children or as a study opposite the family bathroom, laundry and separate WC.

The timeless colonial style of the building is evident in the red brick facade, colonial windows, shady front verandah and detailed cornicing throughout the living areas. Enhanced by the mature cottage gardens with prolific flowering roses and a quaint, private patio in the front; a single lock up garage with secure rear access to the home is a bonus. Set at the rear of a two unit development, there is no body corporate to worry about as this has its own separate title and is just a short couple of minute walk to all of the shops, cafes, restaurants and supermarkets. Also close to the famous surf beaches, this is a super prospect no matter what your buying needs are.

- 300m to Ocean Grove's main street
- 500m to ocean beaches
- Separate title
- Neatly presented
- Single garage

Terms: 10% deposit, balance 30/60 days

Land: 234 sq m approx.

Property History for 2/108 Eggleston St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$390,000
29 Dec 2012
  • 29 Dec 2012
    Sold for $390,000
  • 05 Dec 2012
    Listed for Sale $370,000 - $410,000
  • 04 Jul 2007
    Transferred
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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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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.