40A Madeley StreetOcean Grove VIC 3226
Property Details for 40a Madeley St, Ocean Grove
40a Madeley St, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 456m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Last Listing description (March 2017)
Increasingly hard to secure, this attractive single level home is the epitome of refined, low-maintenance living; the ideal downsizer or lock and leave holiday home. Set on approx. 456m2 this beautiful home will suit those looking for a smaller home rather than a unit.
Originally built as a three bedroom home, the current owners have converted the first and second bedrooms into a huge master bedroom, which can easily be converted back to a 3 bedroom home. **Original 3 bedroom floor plan and current floor plan available upon request.
Enjoy the pleasant, flat walk to the shopping village, cafes & local eateries. Framed by a delightfully leafy garden and a timeless facade with an inviting entrance, the charm continues inside to the light & airy lounge, open-plan living, dining and spacious kitchen.
Features:
Old Ocean Grove location.
Own Title, no Owners Corp fees.
Own street frontage.
Walk to town.
Good sized rear yard.
Property History for 40a Madeley St, Ocean Grove, VIC 3226
- 06 Oct 2015Sold for $504,000
- 07 Sep 2015Listed for Sale CONTACT AGENT
- 13 Dec 2001Sold for $282,500
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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.
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