2/50 Powell St W, Ocean Grove is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 374m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
EXPAND YOUR INVESTMENT PORTFOLIO WITH THIS RARE OPPORTUNITY TO PURCHASE EITHER ONE, OR BOTH, OF THESE CENTRALLY PLACED UNITS IN OLD OCEAN GROVE. THESE PROPERTIES ARE ASSURED OF ATTRACTING A PREMIUM RENTAL YIELD, BEING SITUATED JUST A HEARTBEAT FROM THE CAFE LIFESTYLE OF THE TERRACE AND MOMENTS TO OCEAN GROVE PRIMARY. WITH TENANTS ALREADY IN PLACE AND THE PROMISE OF GOOD CAPITAL GROWTH, YOUR PURCHASE MAKES SENSE.PROTECTED FROM THE STREET AND NEIGHBOURS BY LOVELY GARDENS, BOTH UNITS ENJOY A PRIVATE AND QUIET OUTLOOK. DECEPTIVELY SPACIOUS, THE UNITS HAVE A PRACTICAL FLOORPLAN WITH 2 LIVING ZONES AND MEALS AREA, WRAPPED AROUND THE CENTRAL KITCHEN. THIS OPEN-FLOW DESIGN PROVIDES AN ABUNDANCE OF SPACE FOR SMALL FAMILIES TO SPREAD OUT, AND WHEN ENTERTAINING FRIENDS. TWO VERY COMFORTABLE QUEEN-SIZED BEDROOMS (BOTH WITH BUILT-IN ROBES) FLANK THE LARGE SHARED BATHROOM AND SEPARATE TOILET. THE INTERNAL COURTYARD GARDEN, PERFECTLY-SIZED FOR A TABLE SETTING, AND A SUNNY VERANDA OVERLOOKING A NEAT FRONT LAWN, PROVIDE A CHOICE OF GORGEOUS PLACES TO RELAX. HIGHLIGHTS INCLUDE DUCTED HEATING, SECURE INTERNAL ACCESS TO THE SINGLE LOCK-UP GARAGE, SECURITY DOOR TO ENTRY, AND SECURE SIDE GARDEN AND COURTYARD FOR PETS AND KIDS. WITH A HAPPY, LONG TERM TENANT ALREADY IN PLACE. HOLDING A SOUGHT-AFTER OLD OCEAN GROVE POSITION, THESE RARE INVESTMENT OPPORTUNITIES ARE NOT TO BE MISSED.
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:
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