2/103-105 The Terrace, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
 
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2/103-105 The Terrace
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 120m2
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Property Details for 2/103-105 The Terrace, Ocean Grove

2/103-105 The Terrace, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 120m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1980
Floor Size
101m2
Land Size
120m2
Local Government
Greater Geelong
Lot/Plan
2/RP4587

Last Listing description (April 2023)

This low-maintenance unit is superbly located less than 200 metres (approx.) from The Terrace, Ocean Grove's main shopping precinct.

The open plan living welcomes you inside, creating a comfortable setting for everyday enjoyment. The separate kitchen has been recently updated and features a window positioned to overlook the communal grounds.


Two bedrooms feature built-in robes, while the bathroom and laundry complete the layout. A wall heater and split-system air conditioner keep you comfortable throughout the seasons while automatic exterior blinds on the west side of the building will keep the property protected from the afternoon sun. After you've returned from your morning surf, you can either soak up the sunshine on the north-facing courtyard or relax in the leafy courtyard. The single carport provides parking with a secure automatic garage door.

This location places the delights of Ocean Grove right at your fingertips. A short walk will find you in the main shopping precinct with an abundance of restaurants and cafe's to choose from, while the surf beach is moments away. A car will not be necessary at this property with every amenity a flat, comfortable stroll away.

Whether you're dreaming of carefree coastal living, hoping to grow your investment portfolio, or looking for the perfect holiday home, this is the one you've been waiting for.

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Property History for 2/103-105 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$590,000
31 Mar 2023
  • 31 Mar 2023
    Sold for $590,000
  • 13 Mar 2023
    Listed for Sale Contact Agent
  • 12 Jan 1998
    Sold for $72,000
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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 11,887 properties. Over the last 5 years, Houses in Ocean Grove have seen a 27.53% increase in median value, while Units have seen a 36.17% increase. As at 31 October 2025:

  • The median value for Houses in Ocean Grove is $1,036,570 while the median value for Units is $808,002.
  • Houses have a median rent of $595 while Units have a median rent of $500.
There are currently 134 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 511 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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