76 The Terrace, Ocean Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 569m2.
** ACCESS VIA LANEWAY BESIDE OCEAN GROVE ICECREAMS**
The Feel:
Tucked privately to the rear of The Terrace shopping and dining precinct and just 400m approx. to the sand, this spacious, light-filled apartment provides immediate access to Ocean Grove's best assets - making it an ideal weekender, holiday rental investment or permanent residence.
The Facts:
-Potentially lucrative holiday rental
-Glimpses of ocean & estuary from living zone & balcony
-Private rear-lane access ensures a quiet lifestyle, close to the action but away from noise and traffic
-Light-filled living/dining opens through bifolding doors to spacious alfresco & sun deck
-A chef's kitchen with long glass splashback and vast stone benchtop is a real highlight
-Quality appliances and an abundance of premium cabinetry ensure this space will cater well to all
-Look out to the water from the master suite, with WIR, sleek ensuite and direct balcony access
-Generous 2nd bedroom close to bathroom with in-situ shower, wide stone topped vanity off the central hall
-European-style laundry
-Double glazed windows and doors, reverse cycle heating and cooling, SS-AC and fans
-Rear lane access to secure garaging + secure entry to apartment complex with keycode
The Owner Loves....
"We love how central this apartment is-- once we arrive and park the car, we dont have to use it again. We're so lucky to have the beach, great food and wonderful shops on our doorstep. It's such a nice, private position."
*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.
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 11,887 properties. Over the last 5 years, Houses in Ocean Grove have seen a 27.53% increase in median value, while Units have seen a 36.17% increase. As at 31 October 2025:
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