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Sold on 13 May 2024 for $975,000

5 Acacia Court
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 834m2
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Property Details for 5 Acacia Ct, Ocean Grove

5 Acacia Ct, Ocean Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 834m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Ocean Grove in the last 12 months.

Building Type
House
Land Size
834m2
Local Government
Greater Geelong
Lot/Plan
151/LP1858

Last Listing description (May 2024)

Highly sought and rarely offered, this quiet court position in ‘Old Ocean Grove’ is one to be envied and quickly acted upon. Family friendly, with all the conveniences of schools, sporting clubs and shopping precincts close by, this original three bedroom property offers solid bones, plenty of character and potential limited only by your imagination.

A charming, authentic aesthetic is appreciated throughout the home's interior, with the sunny and spacious north facing living room enjoying outlooks across the outdoor patio, ideal for seasonal entertaining. Highly functional, the adjacently set kitchen and meals area showcases unique retro features, ample storage, a 600mm upright oven and a fold down breakfast bench, eager to provide hospitality for all.


All three bedrooms accommodate effortlessly, the master enjoying the forethought of ensuite access, built-in robes, and a walk-in robe. Both minor bedrooms have built-in robes and close proximity to the main bathroom. Additional assets include zoned heating and cooling, ducted vacuum system, solar heating system, exterior sun blinds, large shed/workshop and extra storage shed to the rear.

Privately set back, appreciating north sun to the front elevation on a flat 834 sqm allotment (approx.), a wide street frontage and generous side access will allow for future subdivision and re-development (STCA). Builders, developers, investors and creatives will immediately identify the outstanding potential on offer here. Hardwood floors, an incredibly practical floor plan and on-trend feature archway, also supply an ideal substrate for interior renovation (STCA).

All of the above presents to you within walking distance to prided beaches, the vibrant town centre and all practical assets.

Property History for 5 Acacia Ct, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$975,000
13 May 2024
  • 13 May 2024
    Sold for $975,000
  • 09 Apr 2024
    Listed for Sale $1,000,000 - $1,100,000
  • 10 May 1982
    Sold for $37,500

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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.
There are currently 175 properties listed for sale, and 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 385 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Brock Grainger
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Ashlyn Schweiger
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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 for any loss or damage arising in connection with the data and information contained in this publication.