OFF MARKET

40 Penleigh Crescent
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 149m2
Land area: 626m2
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Property Details for 40 Penleigh Cres, Ocean Grove

40 Penleigh Cres, Ocean Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 626m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
2010
Floor Size
149m2
Land Size
626m2
Local Government
Greater Geelong
Lot/Plan
486/PS618264

Last Listing description (January 2020)

The winning feature of this property in Ocean Grove is its position on a no-through road - it sings privacy, no traffic and half-court basketball area for neighborhood play. For added value that brick residence backs onto farmland. There is a sense of being hidden away here, says the current owner. Offering three bedrooms, two with built-in robes and master at the front of the house with a walk-in robe and en suite plus a parent’s retreat or second lounge.Central to the home is an open-plan living and dining area. A generous kitchen includes a walk-in pantry, stainless steel appliances and breakfast bar. Entertain friends and family effortlessly inside and outdoors with an undercover, al fresco space and overflow to a yard that is lined with neighbouring trees.The double lock-up garage has been converted into a workshop and home office that could be easily returned to its original form. First-home buyers, holiday makers and investors will be impressed.The single-storey abode is a fuss-free and low-maintenance acquisition. Only a short drive to shops, schools, beaches, sporting facilities and river - this is an opportunity to create an envious life on the Bellarine!

Property History for 40 Penleigh Cres, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$640,000
14 Jan 2020
  • 14 Jan 2020
    Sold for $640,000
  • 11 Nov 2019
    Listed for Sale $620,000 - $670,000
  • 11 Mar 2009
    Sold for $179,850

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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 11,254 properties. Over the last 5 years, Houses in Ocean Grove have seen a 41.75% increase in median value, while Units have seen a 29.44% increase. As at 30 September 2024:

  • The median value for Houses in Ocean Grove is $1,004,394 while the median value for Units is $816,864.
  • Houses have a median rent of $575 while Units have a median rent of $520.
There are currently 166 properties listed for sale, and 14 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 387 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.