1/23 Penleigh Crescent, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

1/23 Penleigh Crescent
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 175m2
Land area: 327m2
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Property Details for 1/23 Penleigh Cres, Ocean Grove

1/23 Penleigh Cres, Ocean Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 327m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
2010
Floor Size
175m2
Land Size
327m2
Local Government
Greater Geelong
Lot/Plan
1/PS631681

Last Listing description (November 2024)

Whether you're a downsizer, savvy investor, or a first-time buyer looking to enter the vibrant Ocean Grove market, this contemporary 3-bedroom unit offers exceptional lock-and-leave convenience in a highly sought-after lifestyle location. With generous house-like proportions and quality finishes, the property enjoys a light-filled northerly aspect, creating a warm and welcoming atmosphere that you'll love coming home to.Thoughtfully designed to maximize indoor-outdoor living, this home features a serene undercover alfresco area and a spacious deck, providing the perfect space for relaxation or entertaining. Despite its peaceful setting, the home is superbly located just moments from the lake and Kingston Village amenities, offering the perfect blend of tranquility and convenience. Double garage with extensive storage space Expansive main living area with north-facing aspect Low-maintenance, sun-drenched garden Kitchen with stone benchtops and stainless steel appliances Split system heating and cooling for year-round comfort Master bedroom with walk-in robe and luxurious ensuite Ideal low-maintenance, lock-up-and-leave property Undercover alfresco area with a generous deckThe master bedroom at the front of the home is a true retreat, featuring a large walk-in robe and a modern ensuite. With two additional spacious bedrooms equipped with built-in robes, this functional home is perfect as a holiday getaway, downsizer, or investment property. Ideally situated to enjoy all that the Bellarine Peninsula has to offer, this property is not to be missed.Contact us today to arrange your inspection and secure your piece of Ocean Grove living!

Property History for 1/23 Penleigh Cres, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$740,000
14 Nov 2024
Listed for Rent
$360/w
10 Dec 2014
  • 14 Nov 2024
    Sold for $740,000
  • 13 Aug 2024
    Listed for Sale Contact Agent
  • 29 May 2017
    Sold for $455,000
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About Ocean Grove 3226

The size of Ocean Grove is approximately 18.5 square kilometres. There are 22 parks, covering nearly 16.5% of the 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 11,902 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:

  • The median value for Houses in Ocean Grove is $1,026,772 while the median value for Units is $851,059.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 125 properties listed for sale, and 27 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 542 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.