2/55 Tareeda Way, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

2/55 Tareeda Way
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 400m2
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Property Details for 2/55 Tareeda Way, Ocean Grove

2/55 Tareeda Way, Ocean Grove is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2008. The property has a land size of 400m2 and floor size of 150m2.

Building Type
Townhouse
Year Built
2008
Floor Size
150m2
Land Size
400m2
Local Government
Greater Geelong
Lot/Plan
1/PS634906

Last Listing description (May 2026)

Life here unfolds across two thoughtfully designed levels, where natural light and a sense of welcome define the experience from the outset. From the moment you step inside, the home opens generously, drawing you upward toward sunlit living spaces and treetop outlooks. Its a design that invites you in, rewards movement through the home and reveals its scale and livability gradually, making it feel engaging, considered and genuinely easy to enjoy.The lower level is highly functional, ideal for everyday living and quiet retreat. A large family room enjoys split-system comfort and a ceiling fan, opening directly to the spacious and private rear yard, perfect for children, pets or relaxed outdoor time. Two well proportioned bedrooms with built-in robes are serviced by a generous family bathroom with bath and oversized shower, while secure internal access from the double lock-up garage adds everyday convenience. An extra-wide driveway provides true side-by-side parking - a rare and valuable advantage for multi-car households or visiting guests.Upstairs is where the home truly shines. A vast open plan living, dining and kitchen domain is bathed in natural light, enhanced by timber floorboards, pitched ceilings and expansive glazing that frames the surrounding tree canopy. Step onto the balcony in the morning with coffee in hand, watching the sun rise through the leaves, accompanied by birdsong and the soft hum of the ocean in the distance. The kitchen is designed for entertaining at scale, while a built-in study nook supports work or study without intruding on the living space. The master bedroom and ensuite are privately positioned on this level, creating a peaceful retreat away from the activity below.Additional features including solar panels, rainwater tank, outdoor shower, garden shed and side gate access reinforce the homes low maintenance, coastal ready appeal. For investors, the property has delivered excellent rental income for 13 years, underscoring its reliability and ongoing demand. Close to schools, shopping, sporting facilities and Kingston Lake Reserve, this is a home that suits busy professionals, growing families or those seeking a lock-up-and-leave coastal base with potential for holiday income (STCA).What ultimately defines this home is how naturally it supports modern life. Light-filled, generous in scale and intelligently zoned. Whether gathering upstairs, retreating below or heading out to enjoy everything the surroundings offer, its a place that feels welcoming, uplifting and ready to be lived in fully.

Property History for 2/55 Tareeda Way, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Listed for Rent
$580/w
06 Jun 2025
  • 22 Jan 2026
    Listed for Sale $750,000 - $795,000
  • 15 Apr 2025
    Listed for Rent - Price not available
  • 14 Mar 2024
    Listed for Rent $580 / week
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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 11,917 properties. Over the last 5 years, Houses in Ocean Grove have seen a -5.11% decrease in median value, while Units have seen a -1.99% decrease. As at 31 August 2026:

  • The median value for Houses in Ocean Grove is $1,023,187 while the median value for Units is $800,447.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 126 properties listed for sale, and 15 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 521 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.