OFF MARKET

3/81-83 Powell Street
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 148m2
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Property Details for 3/81-83 Powell St, Ocean Grove

3/81-83 Powell St, Ocean Grove is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 148m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
1980
Floor Size
88m2
Land Size
148m2
Local Government
Greater Geelong
Lot/Plan
3/SP20918

Last Listing description (August 2019)

Don't leave your hard earned Super in the bank earning next to nothing. Use it to invest in property. Get a better return on your investment with rental income and capital growth.
Positioned smack bang in the heart of old Ocean Grove - that should spark your attention! There will be no need for a vehicle as the shops, supermarket, cafes, park and amenities are located at the end of the street. Walking will be your thing! On offer is a comfortable and solid two bedroom unit that is neat, tidy and ready to move into. This property will appeal to an array of buyers - downsizers, first-timers, holiday makers and investors alike (projected rental return $320pw) Upon entry it is light and bright with an open-plan space. The kitchen boasts country-style cabinetry with a two-seater breakfast bar overlooking a dining and living area. Two sets of sliding doors lead to a paved private courtyard that is low maintenance and has access to a single LUG. Both bedrooms are equipped with built-in robes, ceiling fans and carpeted. Sharing a central bathroom, separate WC and laundry with an incorporated kitsch ironing board.

Set yourself up for a carefree life on the coast. Everything is at your door!

Property History for 3/81-83 Powell St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$483,000
22 Aug 2019
Listed for Rent
$285/w
25 Aug 2016
  • 22 Aug 2019
    Sold for $483,000
  • 12 Jun 2019
    Listed for Sale $480,000 - $510,000
  • 16 Aug 2016
    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.