OFF MARKET

2/97 The Terrace
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 122m2
Land area: 702m2
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Property Details for 2/97 The Terrace, Ocean Grove

2/97 The Terrace, Ocean Grove is a 3 bedroom, 2 bathroom Unit and was built in 2018. The property has a land size of 702m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2018
Floor Size
122m2
Land Size
702m2
Local Government
Greater Geelong
Lot/Plan
2/PS745980

Last Listing description (May 2023)

The Feel:
Airy, elegant, and superbly positioned in the heart of Ocean Grove, the expansive dimensions and sunny outdoor spaces of this ground-floor residence deliver a house-like feel with the low-maintenance attributes of apartment living. A considered 3-bedroom, 2-bathroom layout is complemented by quality finishes, while a north-facing patio and leafy courtyard garden enhances relaxation and easy entertaining. With the beach and vibrant shopping and dining just steps from your door, this easy-care apartment is wonderfully suited to convenient everyday living, a lucrative investment opportunity, or superior lock-and-leave weekender.

The Facts:

-Rare offering of a 3-bedroom, 2-bathroom, 2-car apartment affords both space and convenience
-Secure ground floor position comes complete with private north-facing courtyard garden
-Enviable centre of town location puts every convenience on your doorstep
-Contemporary interiors are bathed in natural light with indoor and outdoor living spaces oriented to the north
-Open plan kitchen, living & meals with direct access to the undercover patio is ideal for entertaining or private relaxation
-Create culinary magic in the high-spec kitchen, featuring stone benchtops with breakfast seating, double undermount sink, and Bosch appliances including dishwasher, in-built oven & induction cooktop
-3 generous bedrooms, all with mirrored BIRs, include master with private ensuite
-Sophisticated bathroom with frameless shower, bathtub & separate WC
-Compact European laundry is a practical space-saving inclusion
-Reverse cycle heating & cooling to living room & all bedrooms
-Relaxed coastal aesthetic includes quality flooring & plantation shutters
-Double glazed windows for energy efficiency & noise reduction properties
-Enhanced accessibility includes ramped building entrance, single floor living + lift access to car parking
-Secure underground parking for two vehicles (remote access) & powered lockable storage cage
-Walk to everything locale is close to the vibrant shopping & dining hub (150m), beach (450m), & playground, walking tracks, exercise facilities & markets of the community park (500m)

The Owner Loves….
“The lock-and-leave aspect and the absolute convenience of having the town centre on our doorstep has been a real highlight; you can head out for a few drinks or a bite to eat without having to worry about taking the car out of the garage. It puts an exclamation mark on the laid-back coastal lifestyle that comes with living here.”

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 2/97 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$950,000
03 May 2023
  • 03 May 2023
    Listed for Sale $925,000-$995,000
  • 03 May 2023
    Sold for $950,000
  • 31 Aug 2022
    Listed for Sale $925,000-$995,000
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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.
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.