SOLD
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Sold on 16 Feb 2024 for $517,500

37 Sunset Strip
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 608m2
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Property Details for 37 Sunset Strp, Ocean Grove

Building Type
Land
Land Size
608m2

Last Listing description (February 2024)

The Feel:
Looking to build your dream home on one of the last remaining vacant allotments in this highly sought-after Ocean Grove locale? This rare position offers close proximity to the beach and comes with stunning views that take in a sweeping panorama incorporating the dunes, farmland and Point Lonsdale Lighthouse. This 608sqm (approx.) site will appeal to those looking to create a beautiful family home.

The Facts:

-Elevated allotment with ideal orientation for capturing expansive views of farmland and dunes
-The land declines to the rear boundary, is cleared & ready to build
-Highly desirable, prime location offering a relaxed coastal lifestyle on ocean and river
-Shops and schools all within strolling distance and a pristine Bass Strait beach within meters
-City of Geelong, Victoria’s second city, is 25 minutes away with rail and ferry transport directly into Melbourne CBD, a popular daily commute
-25 minutes to Torquay and the beginning of the Great Ocean Road
-Bellarine Peninsula's stunning wineries, restaurants and cultural pursuits in close reach
-Other beautiful Bellarine Peninsula locations such as Barwon Heads, Point Lonsdale and Queenscliff on the doorstep
-One of the few remaining vacant allotments in this location, a fantastic opportunity

The Owner Loves….
“Having the chance to build a new home in an established area of Ocean Grove has become very rare. We cant wait to see the new owners create their new abode"

*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 enquiries 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 37 Sunset Strp, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$517,500
16 Feb 2024
  • 09 Feb 2024
    Sold for $517,500
  • 12 Apr 2023
    Listed for Sale $595,000-$645,000
  • 15 Aug 2021
    Sold for $605,000
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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 11,295 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 178 properties listed for sale, and 21 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 375 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Andrew Kibbis
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Bellarine Property - Barwon Heads
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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.