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

48 Madeley Street
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 180m2
Land area: 544m2
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Property Details for 48 Madeley St, Ocean Grove

48 Madeley St, Ocean Grove is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 544m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last transferred in April 2025.

Building Type
House
Year Built
1960
Floor Size
180m2
Land Size
544m2
Local Government
Greater Geelong
Lot/Plan
5/LP53334

Last Listing description (January 2025)

Enjoy the holiday lifestyle year-round in this quintessential beach house centrally located in 'Old Ocean Grove', walking distance to the vibrant Ocean Grove town centre and its beautiful beaches. This characterful home delights at every turn, offering private established gardens, indoor and outdoor entertainment areas, and sunny north-facing family living with huge bi-fold doors that flood the room with natural light and lead out to a private sun-soaked deck.Enter via the fantastic covered alfresco area through wide sliding doors and be charmed by the beachy vibe radiating from the unique wave-shaped ceiling and panelled walls. The modern, open-plan living/dining area with northern aspect, RCAC and block-out blinds sits adjacent to a teal-tiled galley-style kitchen with a servery window and skylight, and generous storage throughout. Polished hardwood floors feature in the primary living zone, while the four cosy bedrooms boast plush, near-new carpet, BIRs to three and an attached study to the fourth, which could also be used as a second sitting room, nursery or dressing room. A delightful private deck for the parents is accessed via double sliding doors in the master bedroom, and an attached powder room provides additional privacy. A modern family bathroom with a walk-in shower and European-style laundry services the rest of the home. Outside, entertainers will love the huge deck areas surrounding the home and the large private gardens with front lawn, magnificent gum trees and established palms. This charming home is perfectly positioned to enjoy all that Ocean Grove and the Bellarine Peninsula have to offer - walking distance to local schools, shops, sporting grounds and Ocean Grove beach, and only a short drive to award-winning wineries and gourmet restaurants. Perfect as a year-round family home, holiday investment or lock-up-and-leave weekender. Inspection will not disappoint - you will fall in love with this enchanting beach house!

Property History for 48 Madeley St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Transferred
07 Apr 2025
  • 07 Apr 2025
    Transferred
  • 05 Sep 2023
    Listed for Sale $899,500
  • 26 Feb 2015
    Sold for $480,000
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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 11,855 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 136 properties listed for sale, and 24 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 534 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.