2/125 The Terrace, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

2/125 The Terrace
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 152m2
Land area: 408m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 17 Aug 2026
Low

High
Save

Property Details for 2/125 The Terrace, Ocean Grove

2/125 The Terrace, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 3 parking spaces. The property has a land size of 408m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Floor Size
152m2
Land Size
408m2
Local Government
Greater Geelong
Lot/Plan
2/PS432671

Last Listing description (October 2019)

What a combination! A delightful home built with real craftsmanship - in a location that boasts a 180-degree coastal panorama.
While the two-story brick home presents a modest frontage with a triple garage, once inside you're surrounded by tangible quality. Fabulous polished timber floors throughout, superb lighting, fine cabinetry, and state-of-the-art fittings and appliances.
Downstairs there's an office/study, a spacious lounge, two bedrooms, a bathroom, a powder room, and a laundry.

Upstairs it's a world of light and luxury, with a huge open-plan kitchen/dining/lounge area that draws you to the expansive south-facing deck, and those wonderful views. The kitchen is a foodie's heaven with Miele and St. George appliances, caesarstone benchtops and a walk-in pantry. At the north end, the generous master bedroom has a walk-in dressing room and smart ensuite, and overlooks the sunny rear deck.
Year-round comfort is assured with gas ducted heating, split system, ceiling fans and solar panels.
- Two-storey home with spectacular coastal views
- Large garage with double rollerdoor and 3-car capacity
- Downstairs - office, lounge, 2 bedrooms, bathroom, laundry
- Upstairs - open-plan kitchen/dining/lounge to south deck
- Miele, St. George appliances, caesarstone benches, pantry
- Master bedroom with walk-in robe, ensuite and view of deck
- Ceiling gas-ducted heating, split systems and ceiling fans.

Property History for 2/125 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,255,000
19 Sep 2019
  • 19 Sep 2019
    Sold for $1,255,000
  • 20 Nov 2018
    Listed for Sale $1,250,000 - $1,350,000
  • 04 Apr 2005
    Sold for $277,000
Sign in to see more transactions
Commute Calculator

About 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 11,903 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:

  • The median value for Houses in Ocean Grove is $1,026,772 while the median value for Units is $851,059.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 129 properties listed for sale, and 21 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 537 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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
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.