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

72 Madeley Street
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 165m2
Land area: 500m2
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Property Details for 72 Madeley St, Ocean Grove

72 Madeley St, Ocean Grove is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 500m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1970
Floor Size
165m2
Land Size
500m2
Local Government
Greater Geelong
Lot/Plan
441/LP1854

Last Listing description (July 2018)

AUCTION SATURDAY 30TH JUNE AT 11AM
Centrally located to take advantage of all coastal assets, this three bedroom cottage is a premium choice for your next permanent residence, weekender or holiday rental. An easy stroll across the road for the morning paper, or a flat 700m (approx) walk to pristine beaches is an advantageous position to be in; and a fantastically solid investment for your future.
-The quaint coastal cottage offers comfortable space for families or couples, with 3 well-fitted bedrooms

-An additional bungalow to the rear offers further accommodation as a teen retreat or for visiting guests
-Situated to take advantage of natural light and sunshine, the north facing living area enjoys views over front gardens
-Hardwood timber floors add to the relaxed coastal vibe throughout the home, dually being easy care
-A sunroom to the rear provides additional living space, flowing onto the deck and pergola, perfect for bbqs
-Patio blinds on three sides provide protection to this outdoor retreat, making it usable for the entire year
-Undercover parking for one vehicle is available under the carport, with further option for a boat or trailer
-Reverse cycle heating/cooling and a gas log fire acclimate the home throughout all seasons of the year
-Children will be easily entertained in the spacious backyard, featuring a sandpit and adventure equipment
-Convenience is at hand with the Madeley St shops across the road, or perhaps a hit of tennis at the local club
-Enjoy the flat walk into the town centre, where a plethora of culinary and retail experiences await you
-All community and medical facilities are within easy reach, along with close by access to public transport
-The low maintenance block size of 497m2 (approx) makes this property ideal for downsizers or as a holiday home
-Suitable for redevelopment (STCA), for those looking to improve on the existing, or perhaps start from scratch
-The perfect entry level property for first home buyers, with scope for renovation and improvement (STCA)
Fantastic potential in a highly popular old Ocean Grove location, this property is sure to generate strong interest. Speak with our team today!
*All information offered by Bellarine 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 Bellarine 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. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 72 Madeley St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$607,500
13 Jun 2018
Listed for Rent
$300/w
07 Jul 2011
  • 13 Jun 2018
    Sold for $607,500
  • 29 May 2018
    Listed for Sale AUCTION - $550,000
  • 24 Jun 2011
    Listed for Rent - Price not available
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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, 543 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.