OFF MARKET

8/68 Wallington Road
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 65m2
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Property Details for 8/68 Wallington Rd, Ocean Grove

8/68 Wallington Rd, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a floor size of 65m2.

Building Type
Unit
Year Built
1960
Floor Size
65m2
Local Government
Greater Geelong

Last Listing description (March 2016)

As new 2 Bedroom holiday cabin located at 'Riverside Ocean Grove' is now for sale.
Very spacious, modern and fully furnished beach style cabin with well appointed kitchen, roomy bathroom with shower, vanity, separate toilet and reverse cycle airconditioning.
European laundry and linen cupboard, BIRs to both bedrooms, outdoor covered area, 2 car spaces with security entry to parking and cabins.

Located in a wonderful position opposite Barwon River, Golf Club and only a short walk to town centre and main beach. Potential for investors as a holiday rental with excellent returns.
Cabin and site rights only. No freehold title. Park fees apply.

Property History for 8/68 Wallington Rd, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
  • 16 Jun 2015
    Listed for Sale Not Disclosed

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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 11,293 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:

  • 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 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 385 properties were sold in the past 12 months in 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.