OFF MARKET

57 Aldebaran Road
Ocean Grove VIC 3226

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 585m2
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Property Details for 57 Aldebaran Rd, Ocean Grove

57 Aldebaran Rd, Ocean Grove is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 585m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1965
Floor Size
130m2
Land Size
585m2
Local Government
Greater Geelong
Lot/Plan
460/LP55386

Last Listing description (March 2021)

Nestled in the undulating landscape of Collendina and boasting beautiful ocean views, this much loved beach house has been enjoyed by the same family for almost 40 years. The house has been very well maintained and offers a marvellous opportunity to continue as a lock-and-leave weekender but also provides a blank canvas for you to create your very own coastal dream, with the relaxed lifestyle to go with it! With 5 bedrooms plus a study, dual living spaces, two bathrooms, a front verandah and rear balcony, the versatile floor plan offers a multitude of options for usage and the large, cleared backyard is ready for extensive landscaping or further development (STCA). The property offers an exciting opportunity to own a slice of Ocean Grove close to the beach as well as to conveniences including the Market Place shops, medical centres, schools, childcare and sporting facilities.

On the upper level, the well-sized kitchen includes an L-shaped bench and a freestanding oven, and overlooks the primary living zone and beyond to the balcony and stunning coastline. Walls throughout the home are white and fresh, with exposed beams and timber window frames adding a pleasant contrast. The main bathroom offers a pale blue bath with overhead shower, a neat white vanity and a separate WC for privacy. All bedrooms are fuss-free and include original carpets, white walls and pale grey curtains. Now more than ever, a separate study/home office is a bonus addition and makes working or studying from home a pleasure. Downstairs, the combined laundry and second bathroom is both space-saving and practical.

On inspection, first home buyers, families and investors will realise this property's incredible potential. The entire home, or even just the lower level could earn an impressive income via Airbnb rental. With the many wonderful attractions the coast has to offer, interest rates at record low levels and decentralised living very much on the rise, savvy buyers will immediately recognise the upside this property offers. Call Wayne to take a look for yourself, and start imagining the future today!

- Beach house goals: fuss-free living by the sea!
- Flexible floor plan: 5 bedrooms + study, 2 living, 2 bathrooms across 2 levels
- Blank canvas, ready for you to add your own personal touches
- Expansive ocean views to be enjoyed
- The large block comes with plenty of landscaping potential
- Close to the beach, shops, schools and natural spaces

Property History for 57 Aldebaran Rd, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$855,000
25 Feb 2021
Listed for Rent
18 Feb 2021
  • 25 Feb 2021
    Sold for $855,000
  • 10 Feb 2021
    Listed for Sale Contact Agent
  • 31 Aug 1982
    Sold for $28,000

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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 11,294 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 16 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 383 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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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.