2/88 Powell StreetOcean Grove VIC 3226
Property Details for 2/88 Powell St, Ocean Grove
2/88 Powell St, Ocean Grove is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2003. The property has a land size of 438m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Last Listing description (January 2020)
Beautifully presented and brilliantly located, this stand-alone unit offers an ideal opportunity to secure a slice of popular Ocean Grove living. Being the rear unit of two (on its own separate title) the property feels peaceful and private. Its floor plan maximises the site and takes advantage of the northerly aspect. A bright and open living zone includes a dining area and generous kitchen with pantry. There is effortless connection to outdoor entertaining on the sunny patio that overlooks a neat and compact garden.
The master bedroom is light filled and includes a walk in robe and en-suite. Two additional bedrooms have built in robes and share a bathroom. Other features include gas ducted heating; a split system; gas hot water and cooking; plentiful storage throughout; and a lock up garage with internal access and additional storage space.
For anyone looking for easy care single level living, or for a chance to downsize, this is a must to inspect. Investors, holiday or first home buyers will also be attracted to this delightful property. Quietly tucked away, positioned less than 500 metres to the shops and cafes of the Terrace Precinct, flanked by reserves and within walking distance to the beach; there is everything to love about this solid and charming home in this sought after Old Grove location.
Property History for 2/88 Powell St, Ocean Grove, VIC 3226
- 02 Jan 2020Sold for $685,000
- 18 Sep 2019Listed for Sale $680,000 - $720,000
- 28 Mar 2002Sold for $342,000
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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 11,293 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.
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