SOLD
Sold on 11 Jan 2024 for $607,500

3/148 The Parade
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 184m2
Land area: 59m2
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Property Details for 3/148 The Parade, Ocean Grove

3/148 The Parade, Ocean Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 59m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Ocean Grove in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
184m2
Land Size
59m2
Local Government
Greater Geelong
Lot/Plan
3/RP17779

Last Listing description (March 2024)

Nestled within a heartbeat of a vibrant community, this centrally located brick townhouse offers the perfect blend of coastal living and convenience. Positioned within walking distance to the beach and the bustling Main Street, it stands as an ideal haven for both holiday seekers and permanent residents.

As you step into the townhouse its open-plan living area welcomes you. The original kitchen exudes retro vibes, complemented by a distinctive brick feature wall that adds character to the space. The downstairs area is not just about style; it also accommodates a second bathroom and a practical laundry, seamlessly integrated into a generous courtyard at the back.

Venture upstairs, and you'll discover two generously sized bedrooms adorned with excellent storage solutions. A thoughtfully renovated bathroom enhances the comfort of the living spaces. For those seeking a moment of tranquillity, an upstairs balcony awaits, providing the perfect spot to witness the sunrise and catch glimpses of the ocean.

Practicality meets convenience with the inclusion of a single garage, offering secure parking for your vehicle. However, the true highlight remains the unparalleled location-whether you're a holiday enthusiast relishing beach strolls or a permanent resident appreciating the proximity to the vibrant Main Street, this townhouse ticks all the boxes for an idyllic lifestyle. Embrace the charm, functionality, and prime location that define this coastal gem.

Property History for 3/148 The Parade, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$607,500
11 Jan 2024
  • 11 Jan 2024
    Sold for $607,500
  • 19 Dec 2023
    Listed for Sale $580,000 - $640,000
  • 18 Jul 1991
    Sold for $83,000

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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 11,324 properties. Over the last 5 years, Houses in Ocean Grove have seen a 41.75% increase in median value, while Units have seen a 29.44% increase. As at 30 September 2024:

  • The median value for Houses in Ocean Grove is $1,004,394 while the median value for Units is $816,864.
  • Houses have a median rent of $575 while Units have a median rent of $520.
There are currently 166 properties listed for sale, and 15 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 388 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Hayden Real Estate - Ocean Grove
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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.