3/112 The Parade, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

3/112 The Parade
Ocean Grove VIC 3226

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 64m2
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Property Details for 3/112 The Parade, Ocean Grove

3/112 The Parade, Ocean Grove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 64m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1960
Floor Size
73m2
Land Size
64m2
Local Government
Greater Geelong
Lot/Plan
3/RP13855

Last Listing description (March 2023)

The Feel:
Catering to coastal lifestyle convenience, this cute and cosy 1-bedroom unit in a prized central Ocean Grove position offers an exciting investment opportunity, delightful weekender, or your ideal entry point into the highly sought-after Bellarine Peninsula property market. Functional, low maintenance and radiating an abundance of retro charm, the well-maintained 1960s built home is poised for immediate enjoyment while also offering outstanding scope for contemporary enhancements. A laidback coastal lifestyle is yours to embrace with a short walk into the town centre for coffee or a meal, or a stroll along the nearby foreshore.

The Facts:

-Charming 1-bedroom unit, delivering a true coastal lifestyle central to everything Ocean Grove has to offer
-Sensational position is just 150m from the vibrant town centre & 550m from the beach
-The unit abounds with retro charm; enjoy as-is, or renovate with contemporary upgrades
-Set over 2 levels, timber panelled walls and exposed beams add to the nostalgic aesthetic
-Laidback living is centred around the open plan living & dining with garden outlook + adjoining kitchen with a charming vintage vibe
-Upstairs a large bedroom with BIRs accesses a private north-facing balcony
-Built-in study nook for convenient working from home capability
-Functional bathroom makes best use of space with a shower over an alcove bathtub, single vanity & WC
-Gas heating provides seasonal warmth
-In a complex of 3, a shared courtyard offers a leafy outdoor retreat while the front entry promotes a tropical vibe, befitting the coastal setting
-Single carport takes care of your off-street parking needs
-Compact and low-maintenance, the unit presents a wonderful opportunity to embark on a sea change, secure a charming weekender, or establish a foothold in the Bellarine Peninsula property market
-Currently tenanted until May 2023 for $235 per week, the home offers stable permanent rental or future potential as Airbnb accommodation
-Embrace all this seaside setting has to offer with every convenience on your doorstep
-Carport on Title

The Owner Loves….
“What a wonderful place to be able to call home. We love that there is no pretence about this home – simply it is the perfect base from which to enjoy all this superb setting has to offer. The original details add to the charm.”

*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 inquiries 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.

Property History for 3/112 The Parade, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$450,000
22 Feb 2023
Listed for Rent
$225/w
25 Jun 2019
  • 22 Feb 2023
    Sold for $450,000
  • 21 Dec 2022
    Listed for Sale $460,000-$490,000
  • 11 Jun 2019
    Listed for Rent - Price not available
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About Ocean Grove 3226

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:

  • The median value for Houses in Ocean Grove is $1,031,997 while the median value for Units is $816,100.
  • Houses have a median rent of $598 while Units have a median rent of $510.
There are currently 134 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 522 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.