1/53 Madeley Street, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

1/53 Madeley Street
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 413m2
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Property Details for 1/53 Madeley St, Ocean Grove

1/53 Madeley St, Ocean Grove is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 413m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Land Size
413m2
Local Government
Greater Geelong
Lot/Plan
1/PS622280

Last Listing description (July 2023)

Superbly located in the heart of Old Ocean Grove, surrounded by native trees and within walking distance to The Terrace shops and cafes, sporting facilities, parklands and the beach. This home offers:
* Three generous bedrooms, 2 with double BIRs
* Central bathroom with corner spa bath, overhead shower, separate powder room

* Bright lounge room adjacent to dining room and well functioning kitchen with dishwasher and Chef oven
* North-facing sunken lounge which functions well as a cosy sunroom.
* Outside offers front decked area for outdoor entertaining, low maintenance gardens, tandem carport for off street parking and additional parking space for a trailer or extra vehicle
* Separate laundry, Split system air-conditioning allows for year-round comfort, hardwood timber floors and freshly painted white walls complete this

Be quick to enquire and inspect.

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Property History for 1/53 Madeley St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$850,000
07 Apr 2022
Listed for Rent
$495/w
10 Jul 2023
  • 15 May 2023
    Listed for Rent $495 / week
  • 13 May 2022
    Listed for Rent $495 / week
  • 07 Apr 2022
    Sold for $850,000
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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 11,854 properties. Over the last 5 years, Houses in Ocean Grove have seen a 4.87% increase in median value, while Units have seen a 7.47% increase. As at 31 May 2026:

  • The median value for Houses in Ocean Grove is $1,069,181 while the median value for Units is $858,368.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 129 properties listed for sale, and 21 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 536 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.