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.
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 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 11,326 properties. Over the last 5 years, Houses in Ocean Grove have seen a 40.68% increase in median value, while Units have seen a 22.37% increase. As at 31 July 2024:
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