OFF MARKET

2/52 Penleigh Crescent
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 129m2
Land area: 417m2
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Property Details for 2/52 Penleigh Cres, Ocean Grove

2/52 Penleigh Cres, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 417m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in February 2010.

Building Type
Unit
Year Built
2010
Floor Size
129m2
Land Size
417m2
Local Government
Greater Geelong
Lot/Plan
2/PS634349

Last Listing description (November 2024)

Located in a quiet pocket of Ocean Grove, this three-bedroom unit offers a fantastic opportunity for first-time buyers, Investors or those looking to downsize. Positioned at the rear of a block of two, the property provides privacy and a generous land size of over 415 sqm (approx.), making it a rare find in this sought-after area.The interior is thoughtfully designed, with new carpets throughout and a layout that maximises space and functionality. The master bedroom, complete with a walk-in robe and ensuite, provides a comfortable retreat, while the additional two bedrooms, both fitted with built-in robes, are sun-filled and perfect for family living or guests.The compact kitchen is practical, featuring a four-burner gas cooktop and a small walk-in pantry, with direct internal access to the garage. Adjacent to the kitchen is a cosy living area and a sun-filled dining area with a seamless flow between spaces. A covered alfresco space, ideal for casual outdoor dining, is accessed via glass sliding doors off the main living area.A double lock-up garage plus an additional off-street parking space for one car adds to the practicality of this home, offering ample parking and storage options. With its entry-level price point and warm, sunny aspect, this property is an excellent choice for those seeking to make their start in the vibrant Ocean Grove community. Dont miss this chance to secure a foothold in a prime coastal location.- Three bedrooms, two bathrooms, open plan living- Rear unit in block of two, on large 415 sqm allotment- Double lock-up garage with off-street parking for 1 car- Deceptively spacious with a compact footprint- Ideal entry level price point for first-time buyers- Quiet pocket of Ocean Groves Oakdene Estate

Property History for 2/52 Penleigh Cres, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$330,000
27 Feb 2010
Listed for Rent
$380/w
01 May 2014
  • 15 Aug 2024
    Listed for Sale $630,000 - $670,000
  • 29 Apr 2014
    Listed for Rent $380 / week
  • 28 Aug 2013
    Listed for Rent $370 / week
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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 11,286 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.