SOLD
Sold on 23 Aug 2024 for $735,000

5 Bonnyvale Road
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 585m2
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Property Details for 5 Bonnyvale Rd, Ocean Grove

5 Bonnyvale Rd, Ocean Grove is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 585m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Ocean Grove in the last 12 months.

Building Type
House
Year Built
2000
Floor Size
111m2
Land Size
585m2
Local Government
Greater Geelong
Lot/Plan
2/LP96867

Last Listing description (October 2024)

Nestled atop the gentle rise of the Bonnyvale Road hill sits a charming abode, painted in a soothing shade of light blue, its quaint appearance accentuated by a picket fence and a spacious front yard. This delightful cottage offers a gateway into the property market, beckoning both first-time buyers and seasoned investors alike. Whether seeking a holiday retreat, an income-generating Air BNB, or a cosy downsized residence, this home presents an enticing opportunity.

As you step inside, you're greeted by the soaring pitched ceilings that instil a feeling of openness, while expansive windows bathe the interior in natural light, framing the garden beyond. Moving seamlessly into the main bedroom, you'll find ample space, complete with a ceiling fan and convenient access to the main bathroom.

The kitchen area exudes functionality, boasting ample bench and cupboard space to cater to culinary endeavours. Adjoining the kitchen is a versatile space, perfect for dining or as a second living area, offering flexibility to tailor to your lifestyle needs. A large sliding door opens onto an entertaining area and a lengthy veranda, providing an ideal setting for al fresco gatherings.

Outside, the generous yard offers ample room for children or pets to frolic, tucked away from the street. Two additional bedrooms, each equipped with walk-in robes, provide comfortable accommodation for family or guests.

Completing the package is a smartly designed single garage, offering secure parking and storage. Conveniently located within walking distance to the beach and the Ocean Grove Market Place, this home provides easy access to the town's amenities and recreational offerings.

Whether you're ready to move in and make it your own or eager to embark on renovation projects, this inviting haven invites you to explore its charms. Schedule your inspection today and discover the allure of this sweet little place to call home.

Property History for 5 Bonnyvale Rd, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$735,000
23 Aug 2024
Listed for Rent
$440/w
04 Apr 2019
  • 23 Aug 2024
    Sold for $735,000
  • 10 May 2024
    Listed for Sale $730,000 - $760,000
  • 04 Apr 2019
    Listed for Rent - Price not available
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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 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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Hayden Real Estate - 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.