OFF MARKET

2/108 The Terrace
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 102m2
Land area: 818m2
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Property Details for 2/108 The Terrace, Ocean Grove

2/108 The Terrace, Ocean Grove is a 2 bedroom, 2 bathroom House and was built in 2022. The property has a land size of 818m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
2022
Floor Size
102m2
Land Size
818m2
Local Government
Greater Geelong
Lot/Plan
2/PS837574

Last Listing description (April 2022)

The Feel:
Basking in northern sunshine and holding prime position on The Terrace, this prestigious new apartment complex designed by Award-winning Jackson Clements Burrows Architects provides luxurious costal living in the very heart of Ocean Grove. Here a light-filled living space connects via triple sliding doors to a sunsoaked courtyard, while twin bedrooms and bathrooms and a high-end kitchen complete this desirable package.

The Facts:

-Private access via gate from The Terrace
-Northfacing kitchen, living and dining steps out to enclosed courtyard
-Designer interiors reflect a relaxed coastal aesthetic
-A muted colour palette has been chosen to reflect the natural surroundings.
-Cool, restful greys and crisp white accents infuse a distinct freshness throughout each apartment
-Sophisticated interiors feature custom joinery, loop wool carpets, stacked timber floorboards, limewashed timber veneers, V-groove wall linings and natural rattan feature panels
-Brushed nickel tapware, stone surfaces & European Asko appliances further elevate the luxurious appointments
-Integrated fridge and dishwasher create a sleek appearance
-Master bedrooms with en suite and stylish BIR with feature lighting
-Second bathroom services second bedroom
-An abundance of storage space throughout each apartment will be highly valued. 
-Fully landscaped surrounds
-Video intercom to private gate provides peace of mind
-Designated car parking
-Discover your luxurious new residence in this rare, unrivalled development.

The Owner Loves:
" You will love the location of your new home- situated a flat walk to town and with the beach close by, this home is a comfortable lock & leave, investment or downsize."

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 2/108 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,050,000
09 Apr 2022
  • 09 Apr 2022
    Sold for $1,050,000
  • 08 Mar 2022
    Listed for Sale $1,050,000-$1,150,000

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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 11,290 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 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 382 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.