1/143 The Terrace Ocean Grove VIC 3226
Property Details for 1/143 The Terrace, Ocean Grove
1/143 The Terrace, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 406m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (August 2025)
Enjoy breathtaking panoramic views stretching from Cape Schanck to the Bluff and all the way to Anglesea in this stylish double-storey townhouse, perfectly positioned just moments from the vibrant Ocean Grove village and beach. This beautifully presented home offers the ultimate coastal lifestyle, combining sophisticated design with everyday comfort and convenience.
Upstairs, the main living hub is designed to impress. Soaring cathedral ceilings and warm Tasmanian Oak flooring create a sense of space and elegance, while the gas log fire adds a cosy touch. Walls of glass frame the stunning ocean vista, opening onto an alfresco balcony complete with weather shutters, perfect for year-round entertaining. The streamlined, modern kitchen is not only highly functional but offers unbeatable views, making it a joy to cook and entertain in.
The master bedroom is a peaceful retreat with a generous built-in robe, private balcony access, and immediate proximity to the immaculate main bathroom and a powder room for guests. A sunny rear balcony overlooking the landscaped garden adds yet another private outdoor space to enjoy.
Downstairs, you'll find two versatile bedroomsideal for kids, guests, a home office, or even a second loungealongside a second bathroom, a spacious laundry, and another alfresco area protected by zip-track weather blinds. This lower outdoor area flows seamlessly onto sun-drenched paving, ideal for casual BBQs and laid-back evenings.
Additional features include split-system reverse-cycle heating and cooling on both levels, motorised external blinds on the western wall for added comfort, and a striking Indonesian river rock feature wall that visually connects both floors. Thoughtful inclusions such as abundant storage, piped gas outlets for BBQs on both alfresco areas, and a double lock-up garage with internal access ensure your lifestyle remains effortless.
To top it off, the home includes an established edible garden with mature fruiting trees and vines basking in a perfect northerly aspect. Whether you're relaxing with a glass of wine, entertaining friends, or heading out for a quick walk to the beach, this home offers everything you need for the ultimate coastal escape.
Inspection is a mustyou wont be disappointed.
*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective tenants are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
Property History for 1/143 The Terrace, Ocean Grove, VIC 3226
- 22 Apr 2025Listed for Rent - Price not available
- 25 Mar 2022Listed for Rent - Price not available
- 17 Feb 2022Sold for $1,600,000
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0About 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 11,887 properties. Over the last 5 years, Houses in Ocean Grove have seen a 27.53% increase in median value, while Units have seen a 36.17% increase. As at 31 October 2025:
- The median value for Houses in Ocean Grove is $1,036,570 while the median value for Units is $808,002.
- Houses have a median rent of $595 while Units have a median rent of $500.
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