53 The Parade, Ocean Grove is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 849m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in August 1984.
Spectacularly situated in the heart of Ocean Grove just moments from the beach and town centre, this generously sized allotment offers enormous potential for a host of astute buyers. Measuring a spacious 849 sqm (approx.) with the prospect of stunning ocean views from a second or third story (STCA), the possibilities of this exceptional land parcel are limited only by your imagination.
While a dwelling currently resides on the property, it lends itself more ideally to a lucrative development site with classification in a Residential Growth Zone (RGZ3) with the potential to build up to 10.5m. Alternatively, take advantage of the spacious proportions and superior location to build your ultimate coastal home to be enjoyed for years to come. The possibility for sensational vistas in this elevated part of town is the cherry on top (STCA).
A relaxed beachside lifestyle is a breeze in such a coveted locale. Enjoy Ocean Grove's thriving cafe, boutique and restaurant scene just a few hundred meters away, perfect for brunch, an afternoon shop or evening happy hour. Leave the car at home and walk to the beach for your morning dip or a brisk winter stroll along the sand. Not to be forgotten, you'll also find Ocean Grove Golf Club, The Barwon River and peaceful Blue Waters Lake just a stone's throw away. Extend a little further to explore the jewels of the Bellarine including seaside villages, sparkling beaches and award-winning wineries.
This unparalleled property won't last long. Contact us to make it yours today!
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:
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