OFF MARKET

2/111 The Terrace
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 120m2
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Last updated 11 Nov 2024
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Property Details for 2/111 The Terrace, Ocean Grove

2/111 The Terrace, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 120m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2007.

Building Type
Unit
Year Built
1980
Floor Size
95m2
Land Size
120m2
Local Government
Greater Geelong
Lot/Plan
2/RP17507

Last Listing description (May 2007)

In A Central Location
2 level townhouse within easy walk to beach and town centre.
* Galley style kitchen

* Lounge with gas heating
* 2 upstairs bedrooms
* 1 bathroom
* 2 WC's
* Single lock-up garage with direct entry via laundry
* Sunny courtyard
* And yes, there is even an Ocean Glimpse from the upstairs bedroom and balcony.

Property History for 2/111 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$285,000
05 May 2007
Listed for Rent
$240/w
11 Jan 2011
  • 15 Dec 2010
    Listed for Rent - Price not available
  • 04 Jun 2010
    Listed for Rent - Price not available
  • 06 Aug 2009
    Listed for Rent - Price not available
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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 11,293 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, 384 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.