44 Lake Avenue, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

44 Lake Avenue
Ocean Grove VIC 3226

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
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Property Details for 44 Lake Ave, Ocean Grove

44 Lake Ave, Ocean Grove is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1997. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1997
Local Government
Greater Geelong
Lot/Plan
48/LP54619

Last Listing description (June 2025)

Bespoke Craftsmanship with Eye for Detail

Defined:
This almost entirely rebuilt five-bedroom family home showcases bespoke craftsmanship and a meticulous eye for detail throughout, with a show stopping coastal aesthetic and custom finishes. Designed over two storeys for modern family living, the spacious and sun-filled layout includes dual living zones, a dedicated study and two beautifully appointed bathrooms. Muted green tones throughout are a point of difference, and masterfully complement the custom, hand-poured concrete benches in both the kitchen and downstairs living zone. A seamless connection through wide stacking doors to the outdoor kitchen and timber alfresco with a soaring peaked roof promotes true indoor/outdoor living. Located in a coveted Old Grove area directly opposite parklands and a handy playground, and close to everything that Ocean Grove has to offer, this home presents an unbeatable coastal lifestyle for families of any size. Inspection is an absolute must.

Considered:

Kitchen Stunning chefs kitchen with hand-poured concrete benchtops complemented by sage green cabinetry and a natural stone-look tiled backsplash and open shelf above the cooking area. Modern appliances include an induction cooktop and dual ovens. The walk-in Butlers pantry features timber benchtops, drawer storage and open shelving for pantry items.

Living/Dining Downstairs, the open plan living area features Tasmanian Oak flooring and a hand-poured concrete bench supporting a stunning Scandia wood burning heater, white-panelled walls, a north-facing corner window and reverse cycle air conditioning. The dining area features a sage green built-in corner banquette for family meals and a feature light fitting over the table. Huge stacking glass doors lead out to the covered alfresco area.

Lounge The upstairs lounge features Tasmanian Oak flooring and timber accents, with stacking glass doors leading out to a wide, north-facing balcony overlooking the nature reserve opposite.

Master Suite Stunning light-filled master suite with generous proportions features a large, north-facing window with double blinds, pendant bedside lights and white-panelled wall with shelf and square niches with power for charging your phone. Reverse cycle air conditioning. The spacious walk-in robe, with skylight and floor to ceiling shelving and hanging space, leads to a unique ensuite bathroom with muted green tones and dual shower.

Second bedroom A second bedroom upstairs features ceiling fan, luxurious neutral-toned carpet and built-in robes.

Additional Bedrooms Three further bedrooms downstairs feature the same luxurious carpet and large picture windows with double blinds. Two feature built-in robes and reverse-cycle air conditioning.

Study A dedicated study off the upstairs lounge features ample storage and a built-in wrap-around desk.

Main Bathroom Family bathroom with unique eucalyptus green bathtub and matching basin, fluted glass shower screen to the walk-in shower tiled in oxidised copper-coloured tiles, and a white panelled timber vanity with timber benchtop. A further powder room upstairs features a matching pedestal basin.

Outdoors Seamless indoor/outdoor flow with a large timber deck and soaring peaked roof over the outdoor kitchen, overlooking a wide lawn area with perimeter planting behind stone edging. A central decked courtyard leads from the tandem lock-up garage and features an outdoor shower.

Close by facilities Blue Waters Drive Playground and Paceys Park, Blue Waters Lake Reserve, Barwon River, Ocean Grove Bowling Club, Ocean Grove Primary School, The Terrace shops and amenities, Ocean Grove surf beach and the Lookout.

Ideal for Families, couples, growing families, professionals, upsizers

*All information offered by Oslo 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 Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.*

Property History for 44 Lake Ave, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$940,000
19 Sep 2021
  • 28 Oct 2024
    Listed for Sale $1,750,000 - $1,850,000
  • 18 Sep 2021
    Sold for $940,000
  • 20 Aug 2021
    Listed for Sale Contact Agent
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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 133 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 511 properties were sold in the past 12 months in Ocean grove.

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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.