SOLD
Sold on 09 Feb 2024 for $710,000

2/62 Madeley Street
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 176m2
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Property Details for 2/62 Madeley St, Ocean Grove

2/62 Madeley St, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 176m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Ocean Grove in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
103m2
Land Size
176m2
Local Government
Greater Geelong
Lot/Plan
2/PS449908

Last Listing description (April 2024)

Nestled in the highly sought-after area of old Ocean Grove, this immaculately maintained unit stands as a testament to quality living. Experience the convenience of daily essentials with a coffee van and the local "Milkbar" right across the road. The main shopping precinct, with its wide array of amenities, is also a short stroll away as is the Ocean Grove main beach.

Heading inside, the open living and dining area is generous in size and bathed in morning sun through north and east facing windows, radiating warmth.

As the day progresses, relax in the low-maintenance west courtyard with garden beds to keep you occupied or find shade under the pergola. The fresh-coloured kitchen overlooking the back courtyard adds a touch of modernity. The two bedrooms feature built-in robes, enjoying morning sunshine through east windows and elegant lighting. The well-equipped bathroom boasts ample bench space, a vanity, and a shower. This is complemented by a separate toilet.

Security is ensured with a single garage offering internal access. Ducted heating and a reverse cycle keep the home comfortable year-round. This property seamlessly combines convenience, comfort, and timeless appeal. Don't miss the opportunity to inspect this haven in the heart of Ocean Grove where quality living meets practicality. Schedule your inspection today and envisage the lifestyle awaiting in this meticulously presented home.

Property History for 2/62 Madeley St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$710,000
09 Feb 2024
  • 09 Feb 2024
    Sold for $710,000
  • 25 Jan 2024
    Listed for Sale $690,000 - $740,000
  • 31 Aug 2001
    Sold for $190,000

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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 11,294 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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Hayden Real Estate - 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.