2/128 The Avenue, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

2/128 The Avenue
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 225m2
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Property Details for 2/128 The Avenue, Ocean Grove

2/128 The Avenue, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 225m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1982
Floor Size
70m2
Land Size
225m2
Local Government
Greater Geelong
Lot/Plan
2/PS543301

Last Listing description (October 2022)

The Feel:
Occupying a highly sought-after position in a blue-chip Old Ocean Grove location, this original weatherboard home on 225sqm (approx.) offers exciting scope to renovate or build a low-maintenance luxury coastal haven (STCA). With the thriving town centre shopping and dining just a 1min walk away, and spectacular surf beach just beyond, opportunities to immerse yourself in the heart of the action don’t get much better than this.

The Facts:

-Start planning your dream coastal lifestyle; this impeccably located property offers a rare opportunity to immerse yourself in the peace & tranquillity of the Bellarine Peninsula
-225sqm (approx.) site is superbly located just 500m from the vibrant Ocean Grove town centre
-Privately set back from the street, it is an ideal base to start afresh & construct a contemporary new home (STCA)
-Existing original residence is ripe for renovation & lends itself to creating a dream costal weekender or appealing Airbnb rental
-Neat 1BR layout highlighted by east-facing living room with outlook over a lush private garden
-Classic coastal detailing includes gently pitched ceilings & timber wall panelling
-Galley style kitchen with 900mm freestanding oven
-Windows on 3 sides flood the bedroom in natural light
-Compact bathroom includes shower, single vanity & WC
-Single garage takes care of your off-street parking requirements
-A majestic deciduous tree is the focal point of the secure verdant gardens, providing warm winter sunshine & cooling summer shade
-Split system heating & cooling for easy climatic comfort
-Superb lifestyle position is directly opposite the Ocean Grove Memorial Recreational Reserve, within easy walking distance of beaches, shops, restaurants & the local Bellarine Farmer’s Market

The Owner Loves….
“The true value of this house lies in its outstanding location. Its position so close to shopping, cafes and the beach mean everyday amenities are within a leisurely walk, and reinforce it as a wonderful place to call home.”

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 2/128 The Avenue, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$545,000
25 Oct 2022
  • 25 Oct 2022
    Sold for $545,000
  • 21 Sep 2022
    Listed for Sale $510,000-$560,000
  • 13 Mar 2007
    Sold for $187,500
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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, 506 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.