OFF MARKET

4/43-47 Presidents Avenue
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 182m2
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Property Details for 4/43-47 Presidents Ave, Ocean Grove

4/43-47 Presidents Ave, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 182m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in May 1994.

Building Type
Unit
Year Built
1980
Floor Size
113m2
Land Size
182m2
Local Government
Greater Geelong
Lot/Plan
4/SP31568

Last Listing description (May 2024)

Centrally positioned in Old Ocean Grove, within walking distance to the Ocean Grove town centre, Primary School and our beautiful beaches; this two-bedroom unit presents as the perfect first home in the perfect location, fantastic addition to your investment portfolio or lock up and leave holiday home.

The open plan living, meals and kitchen area enjoys sunny north orientation, with sliding door access to the rear patio and gardens, ideal for your morning coffee or Summer barbecues and drinks of an evening. Updated with a neutral colour palette and modern appliances, ample bench space and plenty of light, the u-shaped kitchen is high functioning and well equipped for entertaining.

Two bedrooms of pleasing size occupy a quieter zone off the hallway, both with built-in robes and pretty garden outlooks, duly serviced by the main bathroom with bath, shower, vanity and separate toilet. Close by, the well-equipped laundry completes this clever floorplan, utilising space efficiently while benefiting from direct access to the back yard.

Additional features include a remote single lock up garage, rear placement on the allotment - enhancing privacy, reverse cycle air conditioning and low maintenance brick veneer facade.

This truly is a fantastic way to enter a competitive coastal market, secure an investment for your future or enjoy all the benefits of your own holiday home by the sea. The options are plentiful!

Property History for 4/43-47 Presidents Ave, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$85,000
27 May 1994
Listed for Rent
25 May 2021
  • 26 Sep 2023
    Listed for Sale $690,000 - $720,000
  • 12 May 2021
    Listed for Rent - Price not available
  • 27 May 1994
    Sold for $85,000

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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 11,294 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.
There are currently 179 properties listed for sale, and 20 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 376 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.