OFF MARKET

2/6 Draper Street
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 111m2
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Property Details for 2/6 Draper St, Ocean Grove

2/6 Draper St, 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 111m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1980
Floor Size
90m2
Land Size
111m2
Local Government
Greater Geelong
Lot/Plan
2/RP8153

Last Listing description (December 2020)

This lovely downsizer is the perfect lock and leave unit in a complex of 6 and is located in the ever popular Draper Street
Investors note that the home is an established AirBnb property with lucrative returns.
The unit comprises of 2 bedrooms, a modern kitchen and new bathroom with a shower over bath set up. It is sleek and fresh and ready for your own personal touches. All bar one of the units are owner occupied. A single carport allows for undercover parking on the property and a little garden shed at the rear will allow you to potter around in the garden at your leisure, storing your tool safely away. A small rear yard is the perfect place for your furry companion also, again, secure behind the fence line.

The location is perfect for the Grandparent who wishes to assist with the collection of the Grand kiddies from the local primary school and is a nice flat walk to the bustling of The Terrace where you can get your wares and have a bite to eat and a coffee at any number of cafes and eateries.
This little treasure is sure to be snapped up fast and only requires your personal finishing touches to make it your own.

Property History for 2/6 Draper St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$500,000
21 Nov 2020
Listed for Rent
$330/w
25 May 2020
  • 21 Nov 2020
    Sold for $500,000
  • 07 Apr 2020
    Listed for Rent $330 / week
  • 07 Apr 2020
    Listed for Sale $470K - $510K
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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.

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.