OFF MARKET

4/81-83 Powell Street
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 90m2
Land area: 221m2
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Property Details for 4/81-83 Powell St, Ocean Grove

4/81-83 Powell St, Ocean Grove is a 3 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 221m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1980
Floor Size
90m2
Land Size
221m2
Local Government
Greater Geelong
Lot/Plan
4/SP20918

Last Listing description (May 2023)

Having recently undergone a high-quality renovation, this stylish townhouse boasts fresh, modern interiors, fantastic outdoor spaces in an unbeatable central location. The property would be ideal for downsizers, holiday makers or investors keen to set up an Airbnb, it's the perfect base for those seeking convenient coastal living.

Upon entry be greeted by a spacious, open-plan living and dining area flowing seamlessly to beautifully curated outdoor entertaining zones which offer options to host summer BBQs, drink a coffee in the morning sun or enjoy happy hour with friends under a leafy neighbouring peppercorn. The large modwood timber decking, aggregate concrete alfresco adorned with festoon lighting and simple garden beds combine to provide low-maintenance surroundings, meaning more time doing the things you love; strolling to the shops, meeting friends at a local cafe or swimming in the surf at Main Beach.

The contemporary kitchen is a highlight, featuring a coastal-toned marble tiled splashback with task lighting, an integrated fridge and ice maker, elegant fixtures and a Bosch oven/microwave and induction cooktop. Bedrooms are comfortable and well-storaged with garden outlooks and quality window furnishings. With pale grey walls, white highlights and hard-wearing laminate flooring underfoot, the home's aesthetic is considered and consistent throughout. Reverse cycle air conditioning ensures year-round comfort.

To maximise versatility, the garage has been converted into a delightful multifunctional room with a loft. The possibilities here are endless: think additional accommodation, a home office or even a workout room!

Leave the car at home, as all of the town's main assets are right on your doorstep. Ocean Grove Park is seconds away - take a stroll or stock up on fresh produce at the vibrant monthly farmers' market. The Terrace shopping strip is also an easy promenade away. A few minutes further and your toes will be in the sand. This lock-up-and-leave property offers the most convenient of lifestyles in one of the Bellarine Peninsula's most sought after locales.

Property History for 4/81-83 Powell St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$852,000
30 Mar 2023
  • 30 Mar 2023
    Sold for $852,000
  • 01 Feb 2023
    Listed for Sale $840,000 - $880,000
  • 15 Dec 2020
    Sold for $560,000
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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 11,293 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.

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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.