54 Presidents AvenueOcean Grove VIC 3226
Property Details for 54 Presidents Ave, Ocean Grove
54 Presidents Ave, Ocean Grove is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 829m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Last Listing description (April 2019)
Ripe for regeneration in a supremely central Old Grove locale, this listing offers magnificent scope. With a large allotment size of approx. 828m2, the choices to redevelop are here. There is the opportunity to occupy the existing home, build in the rear of the block, upon completion, redevelop the front sector. The house is comfortable with 3-bedrooms, family friendly open plan kitchen and dining, and the cosy lounge is separately zoned. Otherwise reset the whole block completely at the same time with two new buildings. This location boasts a premium walk score, you can stroll down to the Village Green and lifestyle shops in 5-minutes. In less time, walk the children to the zoned Ocean Grove Primary School. Strap the surfboard to the bike and be in the waves inside a 10-minute cycle. The march of gentrification has quickened across Old Ocean Grove, and investment opportunities to leverage from this shift are becoming limited. With the affordability of this site and the property growth in the area, the attraction for developers is undeniable. The resources of expertise and skills required to design from concept through to completion are all here in this construction hotspot of The Bellarine Peninsula. What are you waiting for! All development STCA. Currently tenanted.
Property History for 54 Presidents Ave, Ocean Grove, VIC 3226
- 12 Mar 2019Sold for $640,000
- 22 Feb 2019Listed for Sale $600,000 - $660,000
- 25 Nov 2010Listed for Rent - Price not available
Recent sales nearby
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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 11,903 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.
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