SOLD
Sold on 20 Jul 2024 for $495,000

25 Allanwood Street
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 548m2
Sold By
Fletchers Bellarine
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Property Details for 25 Allanwood St, Ocean Grove

Building Type
Land
Land Size
548m2
Local Government
Greater Geelong
Lot/Plan
456/PS824650

Last Listing description (August 2024)

Offering a north facing aspect and positioned on a corner in a quiet street within the Kingston Coast estate, this 548sqm block presents an opportunity to build your custom coastal home from the ground up. Embrace the sun-drenched aspect to construct an open plan to garden design where afternoons benefit from the sunny position. Conveniently located opposite parkland and close to extensive greenspace and waterways, this ideal allotment is perfect for future family living and to embrace the open space that surrounds. You will reap the rewards by building within an established community amidst quality homes.With easy access to Banks Road, you are only minutes to the Ocean Grove main beach and Bellarine Highway. Quality schooling options abound with transport links to independent schools and several local primary schools are just a short commute. There is no shortage of shopping options, leisure activities, great bike rides, quality restaurants and wineries.Build here and embrace the coastal lifestyle and local parkland of Ocean Grove, dont miss this incredible opportunity!- Titled block of 548sqm ready for building!- Corner block, opposite parkland- Close to quality schooling options and school bus links- Family friendly position, in coveted Kingston Coast coastal development- Minutes to the incredible beaches of the Bellarine and coastline- Create your custom coastal home to embrace a northern aspect- Second crossover option has council approval- Plans for a sited 4 bed house available

Property History for 25 Allanwood St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$495,000
20 Jul 2024
  • 20 Jul 2024
    Sold for $495,000
  • 27 Jun 2024
    Listed for Sale $505,000 - $525,000
  • 26 Jul 2023
    Listed for Sale Not Disclosed
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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 11,325 properties. Over the last 5 years, Houses in Ocean Grove have seen a 43.44% increase in median value, while Units have seen a 25.59% increase. As at 31 August 2024:

  • The median value for Houses in Ocean Grove is $1,000,112 while the median value for Units is $811,635.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 157 properties listed for sale, and 22 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 396 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.