2/78 The Terrace, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 693m2.This Property is currently listed for sale with Bellarine Property - Barwon Heads
The Feel:A lifestyle defined by contemporary design and unrivalled convenience awaits in this striking 2 bedroom apartment, where sweeping ocean views, sophisticated interiors and premium finishes come together to create an atmosphere of effortless luxury and relaxation.Designed around the open-plan living area flows seamlessly onto expansive north and south-facing balconies, creating the perfect setting for entertaining or simply soaking in the stunning ocean, Bluff and river views. High ceilings, abundant natural light and an extended sense of space enhance the connection between indoors and the surrounding coastal landscape.Built to exacting standards by MHBD, this low-maintenance lock-and-leave residence combines quality craftsmanship with relaxed sophistication. Ideal as a permanent home, holiday retreat or high-performing short-term rental opportunity, it delivers premium living in an unbeatable central location.The Facts:-Lifestyle-enhancing position perfect on The Terrace - genuine walk everywhere position!-Built to exacting standards by Michael Higgins Building Design, renowned for quality & innovation-Quality Spotted Gum timber floors/staircase, high ceilings, clerestory windows & light-filled living-Gourmet kitchen with Smeg appliances, 4.6m Caesarstone island, pantry w appliance nook-Large living area, dining and sitting room on top floor maximise this incredible space-North & south outdoor entertaining areas promise year-round use, with amazing ocean & river views-2 generous BRs on the ground level, with BIRs and direct access to private balconies and ocean views-Bathroom showcases quality fixtures, large shower & coastal contemporary tones-Convenient laundry room with impressive storage-Study nook provides functionality for working from home-Zoned reverse cycle heating & cooling provides year-round climate comfort + electric wall heaters-Distinctive exterior clad in Spotted Gum timber, echoed inside for floors and staircase-Aluminium, commercial grade, double-glazed stacker sliding doors to the decks-Feature polished concrete flooring throughout-Rear entry to secure under cover parking with internal lift & large storeroom for surfboards/bikes-Security entry to The Terrace main street for cafes, restaurants, boutique shopping-Absolute convenience close to the best of The Bellarine; surf beaches, wineries & attractions-Lock and leave apartment for a holiday escape, investment opportunity or permanent residenceThe Owner Loves.The quality of this home is second to none; the interiors feel light, open and uplifting, and the stacker doors extend our living space to two private balconies that we use from sunrise to sunset... Perched above The Terrace, it feels like you are part of the heartbeat of this town.****For pedestrian entrance, passage way is between Aussie Home loans and The Commonwealth Bank.*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 enquiries 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.
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 11,940 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:
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