1/55 Madeley Street, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

1/55 Madeley Street
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 361m2
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Last updated 21 Sep 2026
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Property Details for 1/55 Madeley St, Ocean Grove

1/55 Madeley St, Ocean Grove is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 361m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in April 2014.

Building Type
Unit
Floor Size
105m2
Land Size
361m2
Local Government
Greater Geelong
Lot/Plan
1/SP34967

Last Listing description (September 2026)

This charming three-bedroom, one-bathroom home is nestled in a quiet street while still being conveniently located close to local shops, schools, and public transport.

Offering a comfortable and practical layout, this home is perfect for those seeking low-maintenance living with great indoor and outdoor spaces.


Property features:

Three spacious bedrooms with built-in robes
Central bathroom
Lovely front garden
Automatic single garage
Light-filled, sunlit lounge room
Modern kitchen with stainless steel dishwasher
Gas stove and electric oven
Gas ducted heating
Air conditioning for year-round comfort
Undercover outdoor entertaining area
Enjoy the convenience of a peaceful location while being only moments away from everything Ocean Grove has to offer.

Are you a property investor or considering your next acquisition? Please contact Samantha Grima on 0447 933 048 to discuss a tailored approach to leasing and asset management, focused on achieving strong outcomes while supporting the long-term performance of your investment property.

Property History for 1/55 Madeley St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$415,000
07 Apr 2014
Listed for Rent
$475/w
22 Jan 2024
  • 20 Jul 2026
    Listed for Rent $530 / week
  • 22 Nov 2023
    Listed for Rent $475 / week
  • 07 Apr 2014
    Sold for $415,000
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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 11,940 properties. Over the last 5 years, Houses in Ocean Grove have seen a -5.11% decrease in median value, while Units have seen a -1.99% decrease. As at 31 August 2026:

  • The median value for Houses in Ocean Grove is $1,023,187 while the median value for Units is $800,447.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 127 properties listed for sale, and 15 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 498 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.