SOLD
Sold on 15 May 2024 for $645,000

5/43-47 Presidents Avenue
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 240m2
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Property Details for 5/43-47 Presidents Ave, Ocean Grove

5/43-47 Presidents Ave, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 240m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Ocean Grove in the last 12 months.

Building Type
Unit
Land Size
240m2

Last Listing description (May 2024)

In the heart of Ocean Grove, this bright, two bedroom unit offers convenient, low maintenance living walking distance to coffee, shopping, beaches and nearby parks. Recent updates including a new bathroom and floating timber flooring have added a stylish level of comfort to this home where an easterly aspect offers morning light and the private garden is enhanced by hedge plantings and lawn.

Suiting a multitude of buyers, this single storey home offers two double bedrooms, each with robes and a sunny garden view within a relaxed open concept floorplan. The generous living space with sliding glass doors leads outside to reveal a private north facing lawn and a covered pergola ideal for entertaining, landscaped with coastal shrubs in an easy care layout. Inside, the separate laundry offers a handy exit to the garden whilst dining links to the neat kitchen where there’s a gas top cooker, a spacious pantry and generous cabinetry.


Set in a sought after location, positioned in the tree lined heart of old Ocean Grove, a short walk from Ocean Grove Primary School, investors can maximise their return by entering the casual or permanent coastal rental market and beach lovers can simply utilise as a stress free weekender and enjoy being walking distance to brunch and beach. A single lock up garage offers secure parking alongside shared guest parking and a split system offers effortless climate control. An incredible option for first home buyers and investors keen to enter the competitive Bellarine property market, this quiet unit offers wide potential for keen purchasers.

Property History for 5/43-47 Presidents Ave, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$645,000
15 May 2024
Listed for Rent
$460/w
27 Oct 2023
  • 15 May 2024
    Sold for $645,000
  • 25 Oct 2023
    Listed for Sale Not Disclosed
  • 26 Sep 2023
    Listed for Rent $460 / week
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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 11,379 properties. Over the last 5 years, Houses in Ocean Grove have seen a 27.88% increase in median value, while Units have seen a 28.14% increase. As at 28 February 2025:

  • The median value for Houses in Ocean Grove is $990,323 while the median value for Units is $782,291.
  • Houses have a median rent of $575 while Units have a median rent of $495.
There are currently 166 properties listed for sale, and 15 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 402 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Nick Ford
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RT Edgar Ocean Grove
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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 liability for any loss or damage arising in connection with the data and information contained in this publication.