1/88 Lake Avenue, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

1/88 Lake Avenue
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 171m2
Land area: 518m2
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Last updated 29 Jun 2026
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Property Details for 1/88 Lake Ave, Ocean Grove

1/88 Lake Ave, Ocean Grove is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 518m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in November 2012.

Building Type
Unit
Year Built
1980
Floor Size
171m2
Land Size
518m2
Local Government
Greater Geelong
Lot/Plan
1/PS543296

Last Listing description (January 2025)

This tastefully renovated family home is full of natural light and located on the edges of The Blue Lake and is available fully furnished for a 9 or 12 month lease agreement. Featuring a lounge room with split system, plus an open plan family room with woodfire, dining and kitchen opening out onto the large decking, perfect for simply relaxing or entertaining family and friends. The kitchen comprises of Caesar stone bench tops, gas cook top, electric oven, dishwasher, and large walk in pantry with an abundance of shelving. Master bedroom with ensuite and robes and bedrooms 2, 3 and 4 all with robes. Family bathroom with bath, shower and vanity, separate toilet and laundry. This property is fully fenced with gates, and use of a single carport is available.Please note, we do not accept 1Form applications.

Property History for 1/88 Lake Ave, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$383,000
17 Nov 2012
Listed for Rent
$280/w
02 Mar 2012
  • 29 Nov 2024
    Listed for Rent $690 / week
  • 17 Nov 2012
    Sold for $383,000
  • 23 Oct 2012
    Listed for Sale PRICE GUIDE: $350,000-$380,000
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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 11,855 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 122 properties listed for sale, and 28 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 538 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.