2/48 The Parade, Ocean Grove, VIC 3226 sold on 20 February 2025 | OnTheHouse
SOLD
Sold on 20 Feb 2025 for $2,400,000

2/48 The Parade
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 448m2
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Property Details for 2/48 The Parade, Ocean Grove

2/48 The Parade, Ocean Grove is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 448m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 4 bedroom Townhouse sold in Ocean Grove in the last 12 months.

Building Type
Townhouse
Land Size
448m2

Last Listing description (February 2025)

Tailored for a life of laidback luxury, this striking townhouse offers a superior inner-village lifestyle underpinned by a breathtaking display of sweeping panoramas that span across the Barwon River, to the Bluff and the ocean beyond.

Bright and airy, the four-bedroom, two-bathroom home delights across two levels, showcasing indulgent spaces for living and entertaining on a large, yet low-maintenance scale – the perfect choice for weekenders and busy families.


View-capturing glazing heroes the vast upper-level open plan living domain, set beneath a soaring raked ceiling as hardwood flooring and a gas log fire emphasise natural warmth and a relaxed ambience.

Bolstering the entertaining focus, the adjoining stone-topped kitchen features European appliances and a large breakfast island, while sliding stacker doors extend the zone to an elevated terrace providing a blissful spot to soak up beautiful sea breezes through the day, and magical sunset vistas of an evening.

An 8-seat theatre room with auto block-out blinds delivers a gold glass experience from the comfort of your own home, an internal sauna enables retreat-like living, and an under-floor wine cellar provides an intimate space for a nightcap.

Four robed bedrooms are headlined by a penthouse-style parents retreat on the upper-level, where picture windows perfectly frame the incredible coastal vistas, complete with an open ensuite featuring a two-person spa bath, positioned perfectly to soak in the views.

Significantly raising the bar on low-maintenance liveability within easy walking distance to restaurants, cafes, boutique shopping, and world-class beaches, the property’s additional comprehensive appointments include an oversized double lock-up garage, reverse cycle air-conditioning, double glazed windows and doors, powder room, alarm system, security cameras, ducted vacuuming, and sound system.

Property History for 2/48 The Parade, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$2,400,000
20 Feb 2025
  • 20 Feb 2025
    Sold for $2,400,000
  • 15 Oct 2024
    Listed for Sale $2,500,000 - $2,750,000
  • 25 Aug 2005
    Transferred
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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 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 129 properties listed for sale, and 11 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.

Suburb Insights for Ocean Grove 3226

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Brock Grainger
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Brilee Stephenson
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RT Edgar Ocean Grove
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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.