74-76 Dare St, Ocean Grove is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1623m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Opportunities to acquire a property in the premier residential zoning of Ocean Grove are rare, and even more so for a dual-site offering. Zoned for Residential Growth Schedule 3, this substantial parcel of approximately 1623m2 features an impressive 40.2-metre frontage and is situated just moments from the town centre and surf beach
This unique property presents a prime development opportunity, whether you're envisioning a dream family home or planning for multi-dwelling projects, such as apartments or luxurious three-story townhouses with underground parking (subject to council approval). The potential to create multi-level residences with possible views over the Barwon River will certainly attract attention.
Located just a short walk from the beach and with the bustling town centre nearly on your doorstep, you can easily enjoy morning surf sessions or leisurely brunches at local cafes. Families will appreciate the proximity to schools, while sports enthusiasts and golf lovers will benefit from nearby facilities and the Ocean Grove Golf Course.
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:
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