OFF MARKET

2/48 Powell Street W
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 105m2
Land area: 354m2
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Property Details for 2/48 Powell St W, Ocean Grove

2/48 Powell St W, Ocean Grove is a 3 bedroom, 1 bathroom Unit. The property has a land size of 354m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Floor Size
105m2
Land Size
354m2
Local Government
Greater Geelong
Lot/Plan
2/SP22297

Last Listing description (September 2019)

Walk to the beach, cafes and shops from this quality brick-and-tile villa that boasts an amazing Old Grove location. Downsizers will enjoy stress-free single-level living while appreciating time in the beautifully manicured gardens; though also ideal for use as a lock-and-leave holiday home; or investors use this excellent low-maintenance property to build your portfolio in a popular coastal holiday destination.

-- Carpeted living area features split-system air conditioning; tiled dining area

-- Quality timber kitchen with wall oven, dishwasher and electric cooktop
-- Well-presented main bathroom with bath, shower and separate toilet
-- Three generous carpeted bedrooms all feature built-in robes
-- Private covered alfresco patio, plus manicured front and rear gardens
-- Well-equipped internal laundry with built-in storage and deck access
-- Tandem lock-up garage plus extra off-street parking on driveway

Enter via the charming covered front verandah and into the carpeted living area that captures abundant natural light through elegant timber-frame windows.

The living area flows through to the tiled dining area with adjoining kitchen and access to the covered alfresco patio.

A hallway off the living area connects to the three bedrooms, main bathroom and separate internal laundry, and beautifully manicured front and rear gardens are a joy.

Side gate access to the backyard and a large tandem lock-up garage complete this impressive package.

Property History for 2/48 Powell St W, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$600,000
15 Aug 2019
  • 15 Aug 2019
    Sold for $600,000
  • 31 May 2019
    Listed for Sale $595K - $625K
  • 24 Aug 2012
    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 11,293 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, 385 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.