2/97 The Terrace, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 812m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
The Feel:
Airy, elegant, and superbly positioned in the heart of Ocean Grove, the expansive dimensions and sunny outdoor spaces of this ground-floor residence deliver a house-like feel with the low-maintenance attributes of apartment living. A considered 3-bedroom, 2-bathroom layout is complemented by quality finishes, while a north-facing patio and leafy courtyard garden enhances relaxation and easy entertaining. With the beach and vibrant shopping and dining just steps from your door, this easy-care apartment is wonderfully suited to convenient everyday living, a lucrative investment opportunity, or superior lock-and-leave weekender.
The Facts:
The Owner Loves….
“The lock-and-leave aspect and the absolute convenience of having the town centre on our doorstep has been a real highlight; you can head out for a few drinks or a bite to eat without having to worry about taking the car out of the garage. It puts an exclamation mark on the laid-back coastal lifestyle that comes with living here.”
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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 11,888 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:
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