178 Shell Road, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

178 Shell Road
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 91m2
Land area: 701m2
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Last updated 13 Apr 2026
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Property Details for 178 Shell Rd, Ocean Grove

178 Shell Rd, Ocean Grove is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 701m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in March 2012.

Building Type
House
Year Built
1955
Floor Size
91m2
Land Size
701m2
Local Government
Greater Geelong
Lot/Plan
1/TP530636

Last Listing description (April 2012)

INVITING ALL INVESTORS!
WHEN WAS THE LAST TIME YOU SAW A PROPERTY OFFERED IN OCEAN GROVE AT THIS PRICE? INVESTORS, FIRST HOME BUYERS AND DEVELOPERS SHOULD MAKE THEIR MOVE IN A HURRY ON THIS 3 BEDROOM WEATHERBOARD HOME. WITH POTENTIAL WRITTEN ALL OVER IT AND THE OPPORTUNITY TO REALISE SUBSTANTIAL CAPITAL GAIN, THIS IS A CRACKER BUY! THE HOME IS CLEVERLY LAID OUT TO MAXIMISE THE USE OF BOTH ITS COMPACT FLOOR AREA AND SLOPING LANDSCAPE. THE HUGE DOUBLE GARAGE BENEATH THE HOME IS PERFECT FOR STORAGE AND ALSO ALLOWS ACCESS TO THE LARGE BACK YARD. DEVELOPERS MAY WELL SEE THE POTENTIAL FOR ADDITIONAL DWELLINGS HERE (STCA) WHILST INVESTORS AND FIRST HOME BUYERS WILL APPRECIATE THE PRIVATE OPEN SPACE. DESIGNED AS A SPLIT LEVEL ARRANGEMENT, THE THREE BEDROOMS (TWO WITH BUILT IN ROBES) SHARE THE LOWER LEVEL OF THE HOME WITH A COMBINED BATHROOM/LAUNDRY AND SEPARATE WC. THE UPPER LEVEL COMPRISES A GENEROUSLY SIZED KITCHEN/MEALS/LIVING ROOM WITH DUAL ACCESS TO BALCONIES BOTH FRONT AND REAR. THE DECORATION THROUGHOUT IS TASTEFULLY NEUTRAL AND THE LIVING AREA FEATURES TIMBER LINED CATHEDRAL CEILINGS ALONG WITH A GAS WALL HEATER AND AIR CONDITIONING UNIT. IN A FANTASTIC LOCATION LESS THAN A BLOCK AWAY FROM THE SHELL ROAD SHOPPING CENTRE AND CLOSE TO COLLENDINA BEACH WITH OCEAN GROVE'S MAIN STREET CAFE DISTRICT A SHORT DRIVE AWAY, IT WOULD MAKE A PROFITABLE HOLIDAY RENTAL BUT IS ALSO CLOSE TO SCHOOLS FOR PURCHASERS WITH A YOUNG FAMILY STARTING OUT IN THE PROPERTY MARKET. - 698 SQM APPROX. - LOW MAINTENANCE GARDENS - WALK TO SHOPS - DUAL BALCONIES - LARGE DOUBLE GARAGE TERMS: 10% DEPOSIT, BALANCE 30/60/90 DAYS LAND: 698 SQ M APPROX.

Property History for 178 Shell Rd, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$340,000
15 Mar 2012
  • 15 Mar 2012
    Sold for $340,000
  • 25 Nov 2011
    Listed for Sale $340,000 - $390,000
  • 04 Sep 2002
    Sold for $193,000
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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 11,878 properties. Over the last 5 years, Houses in Ocean Grove have seen a 8.41% increase in median value, while Units have seen a 5.12% increase. As at 31 March 2026:

  • The median value for Houses in Ocean Grove is $1,061,721 while the median value for Units is $816,409.
  • Houses have a median rent of $630 while Units have a median rent of $530.
There are currently 130 properties listed for sale, and 27 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 557 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.