30 The Terrace, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

30 The Terrace
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 500m2
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Property Details for 30 The Terrace, Ocean Grove

30 The Terrace, Ocean Grove is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 500m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
1960
Floor Size
88m2
Land Size
500m2
Local Government
Greater Geelong
Lot/Plan
1/TP437181

Last Listing description (July 2019)

This 2 bedroom property, on a generous corner allotment represents a fabulous opportunity to gain a foothold into one of the most desirable locations in Ocean Grove. If you are looking for a beach shack with charm and character and a retro feel, then this is the one. You can enjoy the ultimate beach lifestyle and leave the car at home, with the surf beach, river and shops all within walking distance. Polished floorboards and exposed wooden beams feature throughout, with 2 separate living areas. Entry to the house is through the light filled sunroom, with expansive use of windows. This leads through to the north facing open plan dining/kitchen area which has a split system as well as a gas heater for year round comfort. Equipped with a free standing gas stove and dishwasher, the kitchen also has a handy island bench and good storage. Down the hallway is the spacious master bedroom and second bedroom which looks out onto the back garden which features mature sheoaks and eucalypts giving shade and privacy. The bathroom has a shower/bath, basin and WC and a rainwater tank is also plumbed to the house. The low maintenance coastal garden has plenty of room for outdoor entertaining and a large garden shed provides additional storage. This classic beach retreat is the perfect investment property. There is the potential to update the original house, build your own ultimate lifestyle property or re-develop (STCA). Fully fenced with access through double gates, there is provision for off-street parking. Popular cafes and the bowling club are a short stroll away. A rare opportunity to secure your very own property in this sought after precinct of Ocean Grove.

Property History for 30 The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$645,000
19 Jun 2019
Listed for Rent
$350/w
04 May 2017
  • 19 Jun 2019
    Sold for $645,000
  • 15 Apr 2019
    Listed for Sale $600,000 - $650,000
  • 06 Apr 2017
    Sold for $160,000
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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 11,902 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.
There are currently 125 properties listed for sale, and 27 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 541 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.