5 Lincoln WayOcean Grove VIC 3226
Property Details for 5 Lincoln Way, Ocean Grove
5 Lincoln Way, Ocean Grove is a 1 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 442m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (August 2023)
This light and bright three bedroom home is surrounded by airy open parklands and established walking trails connecting you to nearby town facilities and the trendy arts and industrial precinct.
Offering a refreshing interior palette and modern, streamlined finishes. The sleek galley kitchen ensures entertaining is made easy, featuring a 900mm stainless steel oven with gas cooktop, ample cabinetry and handy island bench for casual dining.
The master bedroom affords privacy to the front of the home, beautifully fitted with a walk-in robe, ceiling fan and substantial ensuite bathroom. Two further bedrooms occupy a separate wing, sharing the brightly lit main bathroom.
Property History for 5 Lincoln Way, Ocean Grove, VIC 3226
- 14 Jun 2023Listed for Rent $550 / week
- 13 May 2023Sold for $788,500
- 18 Apr 2023Listed for Sale $790,000 - $850,000
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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.
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