OFF MARKET

2/128 The Avenue
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 225m2
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Property Details for 2/128 The Avenue, Ocean Grove

2/128 The Avenue, Ocean Grove is a 2 bedroom, 1 bathroom Unit and was built in 1982. The property has a land size of 225m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1982
Floor Size
70m2
Land Size
225m2
Local Government
Greater Geelong
Lot/Plan
2/PS543301

Last Listing description (October 2022)

The Feel:
Occupying a highly sought-after position in a blue-chip Old Ocean Grove location, this original weatherboard home on 225sqm (approx.) offers exciting scope to renovate or build a low-maintenance luxury coastal haven (STCA). With the thriving town centre shopping and dining just a 1min walk away, and spectacular surf beach just beyond, opportunities to immerse yourself in the heart of the action don’t get much better than this.

The Facts:

-Start planning your dream coastal lifestyle; this impeccably located property offers a rare opportunity to immerse yourself in the peace & tranquillity of the Bellarine Peninsula
-225sqm (approx.) site is superbly located just 500m from the vibrant Ocean Grove town centre
-Privately set back from the street, it is an ideal base to start afresh & construct a contemporary new home (STCA)
-Existing original residence is ripe for renovation & lends itself to creating a dream costal weekender or appealing Airbnb rental
-Neat 1BR layout highlighted by east-facing living room with outlook over a lush private garden
-Classic coastal detailing includes gently pitched ceilings & timber wall panelling
-Galley style kitchen with 900mm freestanding oven
-Windows on 3 sides flood the bedroom in natural light
-Compact bathroom includes shower, single vanity & WC
-Single garage takes care of your off-street parking requirements
-A majestic deciduous tree is the focal point of the secure verdant gardens, providing warm winter sunshine & cooling summer shade
-Split system heating & cooling for easy climatic comfort
-Superb lifestyle position is directly opposite the Ocean Grove Memorial Recreational Reserve, within easy walking distance of beaches, shops, restaurants & the local Bellarine Farmer’s Market

The Owner Loves….
“The true value of this house lies in its outstanding location. Its position so close to shopping, cafes and the beach mean everyday amenities are within a leisurely walk, and reinforce it as a wonderful place to call home.”

*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 2/128 The Avenue, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$545,000
25 Oct 2022
  • 25 Oct 2022
    Sold for $545,000
  • 21 Sep 2022
    Listed for Sale $510,000-$560,000
  • 13 Mar 2007
    Sold for $187,500

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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.