5/95 The Terrace, Ocean Grove is a 1 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 38m2.
With quality, style & attention to detail, this stunning low maintenance unit has been reborn with a high calibre refurbishment. Modernized with a coastal aesthetic, they offer casual indoor & outdoor living options. The location offers further appeal, close to The Terrace shopping strip, & a stones throw from the beach. Light timbers & soft tones feature internally, whilst externally contemporary render offsets large picture windows ensuring an abundance of light. It boasts a landscaped courtyard with coastal plantings & paving. Also features a new well appointed kitchen & bathroom finished with quality fixtures & smart tiling. The kitchen boasts SS apps, including Bosch oven & dishwasher, induction cook top & range hood. The bathroom is luxurious, with floor-to-ceiling tiling, semi-recessed ceramic basin atop vanity, frameless shower screen, fully tiled shower base & ample storage. Further appointments include; split system AC, roller blinds, down lighting, timber floating floors to the central hub & off street parking. This Unit is coastal-chic & studio-style & includes a space-efficient retractable bed.
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:
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