40A Madeley Street, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

40A Madeley Street
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 456m2
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Property Details for 40a Madeley St, Ocean Grove

40a Madeley St, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 456m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Land Size
456m2
Local Government
Greater Geelong
Lot/Plan
2/PS426384

Last Listing description (March 2017)

Increasingly hard to secure, this attractive single level home is the epitome of refined, low-maintenance living; the ideal downsizer or lock and leave holiday home. Set on approx. 456m2 this beautiful home will suit those looking for a smaller home rather than a unit.
Originally built as a three bedroom home, the current owners have converted the first and second bedrooms into a huge master bedroom, which can easily be converted back to a 3 bedroom home. **Original 3 bedroom floor plan and current floor plan available upon request.

Enjoy the pleasant, flat walk to the shopping village, cafes & local eateries. Framed by a delightfully leafy garden and a timeless facade with an inviting entrance, the charm continues inside to the light & airy lounge, open-plan living, dining and spacious kitchen.

Well-presented throughout with an elegant bathroom, ducted heating, split system air-conditioner, double auto garage with internal access, private rear patio and a good sized backyard.

Features:
Old Ocean Grove location.
Own Title, no Owners Corp fees.
Own street frontage.
Walk to town.
Good sized rear yard.

Property History for 40a Madeley St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$504,000
06 Oct 2015
  • 06 Oct 2015
    Sold for $504,000
  • 07 Sep 2015
    Listed for Sale CONTACT AGENT
  • 13 Dec 2001
    Sold for $282,500
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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 11,860 properties. Over the last 5 years, Houses in Ocean Grove have seen a 7.74% increase in median value, while Units have seen a 6.30% increase. As at 30 April 2026:

  • The median value for Houses in Ocean Grove is $1,070,695 while the median value for Units is $802,867.
  • Houses have a median rent of $645 while Units have a median rent of $535.
There are currently 135 properties listed for sale, and 21 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 540 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.