117 The Terrace, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
 
OFF MARKET

117 The Terrace
Ocean Grove VIC 3226

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 217m2
Land area: 815m2
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Last updated 8 Dec 2025
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Property Details for 117 The Terrace, Ocean Grove

117 The Terrace, Ocean Grove is a 5 bedroom, 2 bathroom Unit with 6 parking spaces. The property has a land size of 815m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Floor Size
217m2
Land Size
815m2
Local Government
Greater Geelong
Lot/Plan
158/LP1854

Last Listing description (June 2020)

Without a doubt the most well presented rental home available in Ocean Grove, 117 The Terrace soars above expectations upon inspection.

Split over two levels, this fully furnished family home offers space, style and sophistication. Ocean views from the open plan kitchen and living space encompass views of the lighthouse and provide an ever changing scene. A spacious and functional kitchen provides opportunity to cook up a storm while still connecting with the family relaxing in the lounge.


All 5 bedrooms are generous in size with BIR, the fifth with WIR and are serviced with bathrooms on both levels. A low maintenance courtyard offers outdoor dining opportunity, complete with outdoor shower.

The second living space is filled with natural light from the adjoining sunroom and offers a tranquil space to relax. Additional features include Double garage, ample off street parking, gas heating and air conditioning.

Available until early December, this home offers a stylish space central to all Ocean Grove has to offer.

Please contact Melissa to arrange your inspection

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Property History for 117 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,125,000
20 Mar 2019
Listed for Rent
$600/w
11 Jun 2020
  • 26 Mar 2020
    Listed for Rent $600 / week
  • 20 Mar 2019
    Sold for $1,125,000
  • 13 Mar 2019
    Listed for Sale Contact Agent
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About 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 24.39% increase in median value, while Units have seen a 31.47% increase. As at 30 November 2025:

  • The median value for Houses in Ocean Grove is $1,031,997 while the median value for Units is $816,100.
  • Houses have a median rent of $598 while Units have a median rent of $510.
There are currently 132 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 509 properties were sold in the past 12 months in Ocean grove.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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