OFF MARKET

2/78 The Terrace
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 693m2
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Property Details for 2/78 The Terrace, Ocean Grove

2/78 The Terrace, Ocean Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 693m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
Unit
Land Size
693m2
Local Government
Greater Geelong
Lot/Plan
6/PS719818

Last Listing description (April 2016)

Designer two level townhouse with 180 deg sea views that will leave you breathless, setting a new standard in beachside living that must be seen to be appreciated. Comprising stunning top floor living, dining and entertaining spaces flowing on to large northern balconies for outdoor entertaining whilst the southern balconies provide the perfect spot from which to enjoy those ocean views. Luxury appointments include contemporary kitchens with European appliances and Caesar stone benchtops, floor to ceiling glazing, spotted gum feature staircases and 3m high ceilings throughout, all serviced by an internal lift from the carpark. Large entry foyer, 2 bedrooms both with balconies, laundry, undercover car parking and substantial lock up storage rooms, security alarms and intercom systems to the street and carpark & Foxtel ready connections,solar hot water,air conditioning.. Located in the heart of Ocean Grove with easy access to cafes, restaurants & shops to complete your low maintenance coastal lifestyle. This magnificent apartment perfect for weekenders, permanent living, extended holidays by the beach or investors seeking exclusive rentals. Call to arrange a private viewing.

Property History for 2/78 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$752,000
18 Mar 2016
  • 18 Mar 2016
    Sold for $752,000
  • 18 Dec 2015
    Listed for Sale $795,000 NEW PRICE

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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.