3/108 The Terrace Ocean Grove VIC 3226
Property Details for 3/108 The Terrace, Ocean Grove
3/108 The Terrace, Ocean Grove is a 3 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (March 2023)
The Feel:
Offering a light-filled 3-bedroom, 2-bathroom floorplan in a desirable heart-of-town location, this stylish apartment makes an ideal lock-and-leave, holiday investment or secure home for the discerning buyer. A balcony with ocean views completes this great package. This prestigious new apartment complex designed by Award-winning Jackson Clements Burrows Architects provides luxurious costal living in the very heart of Ocean Grove.
The Facts:
-Spacious kitchen, living and dining steps out to balcony with views to the ocean
-Designer interiors reflect a relaxed coastal aesthetic
-A muted colour palette has been chosen to reflect the natural surroundings.
-Cool, restful greys and crisp white accents infuse a distinct freshness throughout
-Sophisticated interiors feature custom joinery, loop wool carpets, stacked timber floorboards, limewashed timber veneers, V-groove wall linings and natural rattan feature panels
-Brushed nickel tapware, stone surfaces & European Asko appliances further elevate the luxurious appointments
-Master bedroom with en suite
-Second bathroom services second and 3rd bedroom
-An abundance of storage space throughout each apartment will be highly valued.
-Fully landscaped surrounds
-Keypad entry to building provides security and peace of mind
-Designated car parking
-Discover your luxurious new residence in this rare, unrivalled development.
The Owner Loves....
" You will love the location of your new home- situated a flat walk to town and with the beach close by, this home is a comfortable lock & leave, investment or downsize."
*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 3/108 The Terrace, Ocean Grove, VIC 3226
- 13 Feb 2023Sold for $1,170,000
- 26 Oct 2022Listed for Sale $1,150,000-$1,250,000
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0About 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.
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