OFF MARKET

2/94 The Terrace
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 152m2
Land area: 105m2
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Property Details for 2/94 The Terrace, Ocean Grove

2/94 The Terrace, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 105m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
2001
Floor Size
152m2
Land Size
105m2
Local Government
Greater Geelong
Lot/Plan
1/PS449178

Last Listing description (November 2016)

This is a unique opportunity to secure your own special part of paradise in a brilliant position, right in the heart of Ocean Grove, and only a short stroll to beautiful surf beaches and vibrant shopping precinct.
Ideal as a holiday home, downsize or investment, the option exists to secure all the furniture as well.

The home is one of three in a tightly held development, has architectural flair and is offered in best of class condition providing secure access via the garage, high end kitchen with light filled open plan living and dining opening to a deck, two spacious double bedrooms downstairs with well-appointed central bathroom and main bedroom with second bathroom and powder room upstairs.
Further features single lock up garage with direct access to the property, heating, air conditioning and low maintenance gardens.

Property History for 2/94 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$565,000
07 Sep 2016
  • 07 Sep 2016
    Sold for $565,000
  • 23 Aug 2016
    Listed for Sale Not Disclosed
  • 21 Feb 2009
    Sold for $387,500
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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, 384 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.