OFF MARKET

2/88 Lake Avenue
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 186m2
Land area: 290m2
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Property Details for 2/88 Lake Ave, Ocean Grove

2/88 Lake Ave, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 290m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2006
Floor Size
186m2
Land Size
290m2
Local Government
Greater Geelong
Lot/Plan
2/PS543296

Last Listing description (June 2019)

Stunning elevated lake views are on show from this premium five-star home that combines sleek contemporary styling with spacious living over two generous levels. You'll also love entertaining on the large low-maintenance alfresco deck with pizza oven, and the home is ideally set on the edge of beautiful Blue Lake, walking distance to Ocean Grove Golf Course and just minutes to schools, shops and the beach.
-- Large open-plan living/dining area with immaculate timber flooring
-- Premium kitchen with s/steel appliances including gas cooktop and dishwasher

-- Low-maintenance entertainer's deck with pizza oven and elevated views
-- King-sized master bedroom upstairs with walk-in robe and luxury ensuite
-- Second and third beds, both with built-in robes, share the family-sized main bathroom
-- Well-equipped internal laundry with built-in linen cupboard; double lock-up garage
Enter via the front porch and into the reception hall with a private study and separate powder room privately located on your right.
Continue down the entry hall and into the spacious open-plan living/dining area that will impress with beautiful solid timber flooring, abundant natural light, elevated views and split-system air conditioning.
The living/dining area flows onto the lake-view deck for seamless low-maintenance entertaining, and the large modern kitchen with double pantry will delight the home chef.
Upstairs, the stunning master bedroom with walk-in robe and ensuite joins two generous additional bedrooms and the immaculate main bathroom with separate bath and shower.

Property History for 2/88 Lake Ave, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$735,000
14 May 2019
Listed for Rent
$470/w
31 Jan 2019
  • 14 May 2019
    Sold for $735,000
  • 16 Apr 2019
    Listed for Sale $729K - $799K EOI Closing 13th May at 5:00pm
  • 16 Jan 2019
    Listed for Rent - Price not available
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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.