SOLD
Sold on 25 Jul 2024 for $1,600,000

49A Cerberus Drive
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 55118m2
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Property Details for 49a Cerberus Dr, Ocean Grove

Building Type
Land
Land Size
55118m2
Local Government
Greater Geelong
Lot/Plan
AM/PS843591

Last Listing description (June 2024)

An exclusive parcel of vacant land spanning 5.513ha (approx. 13.62 acres) offers the perfect fusion of coastal and rural living. This outstanding acreage presents an extremely rare opportunity to secure land of such size with an enviable 3226 address.

Surrounded by established gums and native greenery, this property exhibits an idyllic marriage of space and seclusion whilst not having to compromise on convenience. Enjoy picturesque views of private farmland from every angle of your prospective future dwelling.

Endorsed plans (City of Greater Geelong) feature a luxury single storey architect home designed to maximise the brilliant views and northern aspect - one of the many possibilities this acreage could provide. Complete with a separate large shed/workshop, in-ground swimming pool and tennis court - this could be your own rural paradise just minutes from the beach.

Favourably located on the boundary of Oakdene Estate with several highly regarded schools, three shopping precincts and the Ocean Grove Surf Beach only minutes from your door. A further short drive the Queenscliff/Sorrento Ferry Terminal, 25-minutes to Geelong and 90-minutes to Melbourne CBD & International Airport.

This is one of, if not the, largest acreage available in Ocean Grove.

Farming Zone.

Property History for 49a Cerberus Dr, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,600,000
25 Jul 2024
  • 25 Jul 2024
    Sold for $1,600,000
  • 02 Mar 2023
    Listed for Sale Contact Agent

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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 11,294 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 16 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 383 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.