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Sold on 07 Mar 2024 for $3,900,000

5 The Avenue
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 5
Car spaces: 3
Land area: 798m2
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Property Details for 5 The Avenue, Ocean Grove

5 The Avenue, Ocean Grove is a 4 bedroom, 5 bathroom House with 3 parking spaces. The property has a land size of 798m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Ocean Grove in the last 12 months.

Building Type
House
Land Size
798m2

Last Listing description (March 2024)

Substantial Price Reduction Represents Outstanding Value in Blue Chip Ocean Grove!

Exquisite and unmatchable Bass Strait, Barwon Heads Bluff and Barwon River views offer a breathtaking backdrop to this quality built Le Maistre home, positioned inarguably in one of Ocean Groves most distinguished locations. Elevated construction secures your priceless uninterrupted outlooks across to the south, duly designed to cleverly harness natural warmth from the sunny north. Clean, contemporary style embraces minimalist elements in a luxurious interior setting, spread across three highly functional levels with an emphasis on resort-style family living and those all encompassing views.


Mindfully situated to celebrate your unrivalled panoramic outlooks, the palatial open plan living, kitchen and dining area occupies the upper level, offering families and friends a central place to entertain and relax. High end cooking appliances, butlers pantry with filtered water tap and an abundance of sleek storage options occupy the seamlessly designed kitchen, with immediate connection to multiple outdoor decks for extended visual pleasure. Natural ambience is supported by hardwood timber floors and a gas log fireplace to the living zone, with a feature picture window overseeing your sparkling solar heated, in-ground swimming pool to the rear. An elevated alfresco deck oriented directly north with a gas plumbed bbq, heated outdoor shower, undercover lounging space and beautifully landscaped gardens, complete this spectacular lifestyle setting.

Breathtaking aquamarine outlooks feature within the oversized primary suite through frameless corner glazing, lavishly hosting dual ensuite bathrooms, walk-in robes and a private balcony. The additional three bedrooms all benefit from individual ensuites, abundant storage/robe options and lush carpets underfoot. Respite can be found within the fully equipped theatre suite, the ideal room to unwind and stretch out after leisurely days spent at nearby beaches or lazing around the pool; with a separate home office equipped to take care of business.

Further features include double glazing, zoned ducted heating and cooling, four reverse cycle air conditioning units, video intercom, security system, automated sun blinds, 5kw solar panels, plantation shutters, three car garage with workshop, 20,000L rainwater capacity, vegetable beds, established citrus trees, external storage room for pool equipment, secure side access and sealed driveway with further off street parking.

This prestigious location has you within walking distance to our patrolled surf beach, Barwon River, village centre, Ocean Grove Golf Club and established walking tracks linking you to Barwon Heads. Immaculately presented to the market, this truly is a once in a lifetime opportunity to secure a luxury property, redefining opulence and coastal living.

Property History for 5 The Avenue, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$3,900,000
07 Mar 2024
  • 07 Mar 2024
    Sold for $3,900,000
  • 12 Jan 2024
    Listed for Sale $3,870,000 - $4,250,000
  • 15 Apr 2016
    Sold for $1,700,000
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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 NaN 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 no properties listed for sale, and no properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, no 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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Gabe Mcclelland
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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.