12 Merlan StreetOcean Grove VIC 3226
Property Details for 12 Merlan St, Ocean Grove
12 Merlan St, Ocean Grove is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 490m2 and floor size of 179m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (November 2020)
Imagine being able to spend your summer holidays in one of Victorias most loved coastal towns. Located only a short drive to the Ocean Grove main surf beach this property will tick a number of boxes. With the opportunity for a short settlement this home can be yours as soon as you are ready to move.
Immaculately presented, this property is move in ready with nothing to do but enjoy. Located in a peaceful area, it provides an easy commute to Geelong or Melbourne. The home is only a short walk to the new Kingston Shopping Centre and parks for the kids and dogs to play are just around the corner. Beach days will be stress free, being only a 5-minute drive down the road. You're just going to love the convenience of living in Merlan Street, Ocean Grove.
The open plan living and dining area at the rear of the home faces north and east, allowing the gorgeous sunshine to stream into the home all through the day. The contemporary kitchen is complemented with neutral tones and feature pendants, giving this space a homely, yet stylish feel.
With three additional generously sized bedrooms, all complete with built in robes and ceiling fans there is more than enough room for everyone to feel at home. The bathroom is central to the bedrooms and the laundry complete with overhead cupboards and large bench-top is neatly tucked away.
Outside you will find a custom-built timber alfresco adjoined to the main living area. This wonderful outdoor space is complemented by established native gardens and trees. The north side of the property provides a second outdoor living space, perfect for entertaining and firing up the BBQ.
There are also double gates on the north-side, which with some modifications to the front landscaping could be used to store a boat or trailer behind. The double garage also provides a secure place to park your vehicles or store your toys.
This home has been operating as a very successful Airbnb for nearly two years. The owner is open to negotiation to sell the home with all the furniture and the marketing assets that go along with the Airbnb set up. As we are coming into the peak holiday season in Ocean Grove, now is the time to secure this property if you are looking for a high-yielding investment property and 5-star reviews. Perhaps this could be the holiday home you're looking for, which can pay for itself being rented out while you're not using it.
Permanent Rental Yield Approx. $475-$520pw
Property History for 12 Merlan St, Ocean Grove, VIC 3226
- 30 Oct 2020Sold for $670,000
- 25 Mar 2020Listed for Rent $490 / week
- 10 Aug 2018Listed for Sale $620,000-650,000
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0About 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.
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