Ocean Grove Suburb ProfileVictoria 3226
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Ocean Grove has 11,297 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.
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.
Market Insights
Ocean Grove Trends for Houses
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Ocean Grove Trends for Units
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Neighbourhood Insights
Age
Population 14,161
0-9
14%
10-19
12%
20-29
8%
30-39
12%
40-49
14%
50-59
14%
60-69
14%
70-79
8%
80-89
4%
90-99
1%
Household Structure
Occupancy
Recent Sales in OCEAN GROVE 3226
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0Properties for sale in OCEAN GROVE 3226
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Properties for rent in OCEAN GROVE 3226
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 19/11/2024
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