OFF MARKET

2/24 Holburn Rise
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 356m2
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Property Details for 2/24 Holburn Rise, Ocean Grove

2/24 Holburn Rise, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 356m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Land Size
356m2
Local Government
Greater Geelong
Lot/Plan
1/PS647937

Last Listing description (March 2020)

Deceptively larger than it looks, this ideally located property will appeal to those buyers who are after a low maintenance home with nothing to do but move in and enjoy the serenity. Within close proximity to retail, schools, walking tracks and only a 6 min drive to the beach, there is nothing not to like.

This delightful home offers a formal front lounge overlooking the park, 3 dbl bedrooms, 2 bathrooms incl main with ensuite, central courtyard, an open plan kitchen, living, dining hub leading to a very low maintenance rear garden bathed in natural light. Heating and cooling is taken care of with ducted heating, evaporative cooling and ceiling fans in most rooms.

On a compact block size of 356m2 approx, this property has its own title, so no Owners Corporation fees and no driveway to a rear property. Ideally suited to downsizers, retirees, investors and first home buyers alike. This home represents great buying in a very strong market.

Property History for 2/24 Holburn Rise, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$542,000
05 Nov 2018
  • 05 Nov 2018
    Sold for $542,000
  • 05 Oct 2018
    Listed for Sale $550,000 - $570,000
  • 05 Mar 2018
    Listed for Sale $550,000 - $570,000
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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, 380 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.