4/97 The Terrace Ocean Grove VIC 3226
Property Details for 4/97 The Terrace, Ocean Grove
4/97 The Terrace, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 116m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (March 2023)
Ideally positioned in the heart of Ocean Grove and just minutes to the beach, this coastal apartment will delight holidaymakers, investors and downsizers alike!
Light and airy, the fresh interiors encapsulate the coastal lifestyle with contemporary ease. The open plan living/dining zone boasts new flooring and built-in cabinetry, offering abundant storage. Sliding doors reveal a street-facing balcony, the southern aspect welcoming the beautiful ocean breeze.
The kitchen will delight entertainers, offering an oversized island with stone benchtops and stainless-steel appliances, including an induction cooktop, oven and dishwasher, and a built-in pantry. Tucked away in the entrance, you'll find a European laundry to service the home.
The main bedroom features a spacious walk-in robe and sliding door access to the shared bathroom. A second bedroom also includes large built-in mirrored robes. Each bedroom includes a split system air conditioner with a third servicing the open plan living zone for total comfort. The bathroom offers luxurious floor to ceiling tiles with stone benchtops to the single vanity.
This accessible ground floor apartment features ramp access to the secure entrance where the intercom will grant entry to the building. A single car space is included and easily located via lift access to the underground garage.
Positioned in a desirable location, life will be a dream with the beach close by and an array of delightful eateries and shops just moments away. So whether you are looking for a lock-up and leave holiday home or a sea change is calling you, this property is sure to tick every box.
Property History for 4/97 The Terrace, Ocean Grove, VIC 3226
- 16 Feb 2023Sold for $710,000
- 06 Jun 2022Listed for Sale Contact Agent
- 18 Jun 2016Sold for $485,000
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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 11,372 properties. Over the last 5 years, Houses in Ocean Grove have seen a 28.61% increase in median value, while Units have seen a 18.28% increase. As at 31 January 2025:
- The median value for Houses in Ocean Grove is $975,421 while the median value for Units is $747,443.
- Houses have a median rent of $580 while Units have a median rent of $490.
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