OFF MARKET

3/58 Powell Street W
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 109m2
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Property Details for 3/58 Powell St W, Ocean Grove

3/58 Powell St W, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 109m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1970
Floor Size
71m2
Land Size
109m2
Local Government
Greater Geelong
Lot/Plan
3/SP29411

Last Listing description (August 2021)

This cosy two-bedroom abode is located right in the centre of town and is the middle unit of four on the property. Park the car in the carport, because you will hardly be needing it while living here: Ocean Groves main assets are all just a short walk or bike ride away. Central convenience is on offer, with a large family-friendly park at the end of the street and The Terrace shops and eateries, Barwon estuary and of course the stunning main surf beach not much further.

The brick home has brought many happy times to the current owners over the past two decades and has been proudly renovated. Stylish timber veneer floors, new kitchen and bathroom, fresh paint and new curtains the owners have done the hard yards for you. Each of the sleeping quarters are generous in size and conveniently come with BIRs and large windows. The open plan main living space incorporates the lounge and dining with a large east facing window for glorious morning sun. The reverse cycle ensures all year comfort. The crisp white kitchen with modern appliances is open to the living and dining so means that the chef of the house doesnt miss a beat. An adjacent wet area encompassing the shower, vanity, separate WC and laundry completes the homes floor plan.

Outdoors, the paved backyard offers plenty of room for entertaining, relaxing or sun-bathing and garden beds ripe for a market garden or some seasonal colour. A verandah roof for some added all year-round protection.

Can be sold fully furnished (including white goods) linen and even the cutlery Investors and downsizers will appreciate this propertys appeal, and value its excellent location. This centrally positioned unit presents a great opportunity to own your very own slice of a highly popular seaside town.

Property History for 3/58 Powell St W, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$555,000
20 Jul 2021
Listed for Rent
$250/w
17 Oct 2014
  • 20 Jul 2021
    Sold for $555,000
  • 24 Jun 2021
    Listed for Sale $530,000 - $570,000
  • 16 Apr 2014
    Listed for Rent - Price not available
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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, 385 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.