1/139 The Terrace, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
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1/139 The Terrace
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 551m2
Land area: 407m2
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Property Details for 1/139 The Terrace, Ocean Grove

1/139 The Terrace, Ocean Grove is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 407m2 and floor size of 551m2. While the property is not currently for sale or for rent, it was last sold in February 2014.

Building Type
Unit
Year Built
2009
Floor Size
551m2
Land Size
407m2
Local Government
Greater Geelong
Lot/Plan
1/PS630547

Last Listing description (February 2014)

Architectural Elegance And Ocean Views
Graced with the stunning ocean panorama privy to those on the east end of The Terrace, this beautifully built Le Maistre home offers elegance and comfort. Designed over 3 levels the home boasts a Domus Lift for ease of access, and professional input from an interior design specialist. The outcome is a master piece in modern coastal architecture for an enriched lifestyle amidst ocean and private pool views.
Architectural themes include; a multi-textural modern facade, lofty raked ceilings and custom double-glazing. Warm hardwood floors, porcelain tiles and quality fixtures create a sophisticated yet comfortable atmosphere. Fully tiled wet areas have a high-end feel with in situ showers, semi recessed basins and back-to-the-wall toilets.

Entry level offers a welcoming well-lit vestibule, internal garage access and lift access.
On level 1, three queen-sized bedrooms with built-in robes, a bathroom, powder room and functional laundry bud off a central hallway terminating in a relaxing living space with kitchenette, adjoining north facing deck and inviting pool views. The sparkling solar heated pool is an absolute bonus!
Breath-taking living abounds on level 2, where encompassing views from Cape Schanck to The Bluff come into play. In the kitchen stone benches and sleek cabinetry house an Ilve oven with gas cook top, Bosch dishwasher and Qasair commercial range hood. The dining zone is deluxe with expansive blue ocean views the talking point. The living space boasts a gas log fire and a bay of glass capturing the ever-changing seascape. Choose from three magnificent decks the 1st a protected nook ideal for viewing the shipping channel, the 2nd central and private with northerly sun ideal for dining or soaking up the sun, or the 3rd north facing deck overlooking the pool. The master suite completes this impressive level, offering private pool and ocean views, deck, en suite, walk-in robe and study.
You can leave your car in the large DLUG as this property is situated only 500m to Ocean Grove's shops and eateries and only 300m to the beach.
Extras include; Ducted heating and evaporative cooling, ducted vacuum and excellent storage including a loft in the garage.
Live the coastal dream!

Property History for 1/139 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,275,000
27 Feb 2014
Listed for Rent
$625/w
13 Dec 2010
  • 27 Feb 2014
    Sold for $1,275,000
  • 29 Dec 2013
    Listed for Sale $1,250,000-$1,350,000
  • 20 Nov 2010
    Listed for Rent - Price not available
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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 2016 was 14165 people. By 2021 the population was 17714 showing a population growth of 25.0% in the area during that time. The predominant age group in Ocean Grove is 60-69 years. Households in Ocean Grove are primarily childless couples 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 2021, 78.50% of the homes in Ocean Grove were owner-occupied compared with 76.10% in 2016.

Ocean Grove has 11,888 properties. Over the last 5 years, Houses in Ocean Grove have seen a 24.39% increase in median value, while Units have seen a 31.47% increase. As at 30 November 2025:

  • The median value for Houses in Ocean Grove is $1,031,997 while the median value for Units is $816,100.
  • Houses have a median rent of $598 while Units have a median rent of $510.
There are currently 137 properties listed for sale, and 7 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 521 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.