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Sold on 24 Sep 2024 for $1,120,000

21 Rainbow Court
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1149m2
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Property Details for 21 Rainbow Ct, Ocean Grove

21 Rainbow Ct, Ocean Grove is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1149m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Ocean Grove in the last 12 months.

Building Type
House
Land Size
1149m2
Local Government
Greater Geelong
Lot/Plan
114/LP118994

Last Listing description (September 2024)

Owned and adored by the same family for over 20 years, this distinguished two-storey home promotes a warm and inviting way of life on an astounding 1149 sqm allotment. Beautiful natural light filters through the cosy interior via multi-glazed windows, with traditional exposed brick, leadlight features and timber-lined ceilings enhancing charm throughout.

To the rear of the lower level, the open plan living, meals and kitchen area relishes in north sun, anchored by cooling slate floors and original timber features. Modern stainless-steel appliances grace the country-esque kitchen, with a unique bay window filtering pretty garden views throughout this functional zone. An additional lounge room and formal dining area enjoy the ambient warmth of a gas log fire, with French doors allowing access to the commodious north-facing backyard. Ample space is celebrated in the laundry/mud room, with direct access to the ground-floor bathroom.


Retreat is found upstairs across three bedrooms, the master suite enjoying dual built-in robes, a sitting space, ensuite access, reverse cycle air conditioning and ocean outlooks to the south. Gabled ceilings, built-in robes, ceiling fans and treetop or ocean vistas feature in the two minor bedrooms. Additionally, there is a study space downstairs, with flexibility of use as a fourth bedroom.

Outside, multiple nooks are present for relaxation and outdoor entertaining, shrouded in attractive landscaped gardens and mature gum trees. This secluded court location offers peace, privacy and safety for families, within close proximity to local beaches and the town centre. A unique offering to the market, with outstanding potential.

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Property History for 21 Rainbow Ct, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,120,000
24 Sep 2024
  • 24 Sep 2024
    Sold for $1,120,000
  • 01 Mar 2024
    Listed for Sale $1,120,000
  • 10 Jan 2003
    Sold for $375,000
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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 11,294 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.

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