59 The Terrace, Ocean Grove is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 709m2 and floor size of 289m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
The Feel:
From the moment you set foot here, you become aware of a feeling of connection: Connection through expansive glazing to the iconic Barwon Heads Bluff and sweep of the Barwon River; immediate connection to the privileges offered by location, with The Terrace shopping village within steps and the beach and river close by; and connection between the indoors and outdoors brought alive by the clever design which provides sunlit entertaining zones, breezeways and a sense that everyone has their own space, without the home losing its intimacy. Magnificently constructed by VDB Homes and designed by its owners, 59 The Terrace is a true work of art.
The Facts:
The Owner Loves….
“The location is second-to-none and we have enjoyed the benefits of having the shopping village literally steps from our home. We also love the links to the outdoors- through the view, the landscaping and through the breezeways. It’s been a perfect coastal family home for us.”
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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 11,287 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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