5/81 The Parade Ocean Grove VIC 3226
Property Details for 5/81 The Parade, Ocean Grove
5/81 The Parade, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 812m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (September 2024)
This beautiful penthouse has stunning ocean views and is close to shops, cafes, and the beach.
The private top floor, accessed by a lift, offers "top-of-the-world" views and a low-maintenance lifestyle with privacy and security.
The living and dining area opens to a private deck, connecting indoor and outdoor spaces. Large windows let in natural light and showcase the water views. A spacious terrace is great for entertaining.
The modern kitchen has timber floors, neutral colours, Bosch appliances, tiled splashbacks, and stone countertops.
The master bedroom has ocean views and a north-facing balcony. The ensuite and main bathroom feature floor-to-ceiling tiles, walk-in showers, and stone vanity tops.
All three bedrooms have plush carpets and split system heating and cooling. Extras include solar panels, double glazing, acoustic insulation, LED lights, and a storage cupboard.
A secure stacker car park is available. This penthouse offers an exceptional living experience with fantastic views and convenient access to shops, cafes, and the beach. Don't miss this extraordinary opportunity.
Property History for 5/81 The Parade, Ocean Grove, VIC 3226
- 14 Jun 2024Listed for Rent $550 / week
- 11 May 2024Sold for $920,000
- 06 Jun 2023Listed for Sale $1,090,000 - $1,190,000
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0About 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 11,950 properties. Over the last 5 years, Houses in Ocean Grove have seen a -5.11% decrease in median value, while Units have seen a -1.99% decrease. As at 31 August 2026:
- The median value for Houses in Ocean Grove is $1,023,187 while the median value for Units is $800,447.
- Houses have a median rent of $650 while Units have a median rent of $560.
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