1B The Terrace, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
 
OFF MARKET

1B The Terrace
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 350m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Dec 2025
Low
High
Share
Save

Property Details for 1b The Terrace, Ocean Grove

1b The Terrace, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 350m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Land Size
350m2
Local Government
Greater Geelong
Lot/Plan
1/PS539546

Last Listing description (December 2024)

Nestled in the heart of Ocean Grove, we would like to introduce 1/1 The Terrace, effortlessly combining coastal charm with modern comfort. This three-bedroom, two-bathroom abode invites the family to unwind and embrace the coastal Bellarine lifestyle.

As you enter, you're greeted by an open living and kitchen area featuring low maintenance charcoal tiles and light welcoming windows. This space seamlessly flows onto the outdoor alfresco, creating the perfect setting for hosting an outdoor BBQ. Designed with your comfort in mind, the bedrooms are carpeted to ensure a cosy retreat after a long day. The spacious main bedroom features a large built-in wardrobe, offering ample storage space.

This townhouse places you mere moments away from the Barwon River, Ocean Grove Golf Club, Bowls Club and the popular caf 'Garage'. With picturesque walking tracks and delicious coffee just a few steps from your door, your coastal retreat doesn't get much better than this!

Show More

Property History for 1b The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$780,000
19 Sep 2024
  • 19 Sep 2024
    Sold for $780,000
  • 04 Apr 2024
    Listed for Sale $780,000 - $830,000
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 134 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 508 properties were sold in the past 12 months in Ocean grove.

Ocean Grove Profile Page

Suburb Insights for Ocean Grove 3226

Visit Ocean Grove profile page
Market Insights
Ocean Grove Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Ocean Grove Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Ocean Grove profile page
Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED