22 Penleigh CrescentOcean Grove VIC 3226
Property Details for 22 Penleigh Cres, Ocean Grove
22 Penleigh Cres, Ocean Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 570m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Last Listing description (June 2025)
*Potential Holiday Rental Return: $35k-$45k p.a approx.*Permanent Rental Return: $580-$600 per week approxUnique:This meticulously presented three-bedroom, two-bathroom residence stands out for its hassle-free, high-quality living and versatile spaces. The fully furnished setup, currently operating as an Airbnb property, offers immediate occupancy, making it an attractive investment or holiday rental.Key Features:Expansive Living: Dual living areas, including a separate formal lounge room or retreat/office.Chef's Delight: Well-appointed kitchen with gas cooktop and ample walk-in pantry.Tranquil Outdoor Retreat: Generous alfresco deck with views of the lush, fenced backyard.Masterful Suite: Impressive master bedroom with walk-in robe, ceiling fan, air-con, and private ensuite.Family-Friendly: Second and third bedrooms with built-in robes and ceiling fans.Functional Main Bathroom: Family-sized bathroom with a large bath, shower, and separate toilet.Convenient Features: Separate internal laundry; internally accessible double lock-up garage.Versatile Configuration: Currently set up as a fully furnished Airbnb property for immediate occupancy.Essence:Versatile Living, Hassle-Free Luxury, Move-In Ready. Disclaimer:Please note that all information provided by Pavilion Property is in good faith and derived from sources believed to be accurate and current at the date of publication. Pavilion Property acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Pavilion Property will not be liable for any loss resulting from actions or decisions made in reliance on the provided information.
Property History for 22 Penleigh Cres, Ocean Grove, VIC 3226
- 13 May 2025Sold for $825,000
- 10 Sep 2024Listed for Sale $860k - $900k
- 16 Jan 2024Listed for Sale $820k - $900k
Recent sales nearby
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0About 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 11,902 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:
- The median value for Houses in Ocean Grove is $1,026,772 while the median value for Units is $851,059.
- Houses have a median rent of $650 while Units have a median rent of $560.
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