7B The Terrace, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

7B The Terrace
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 243m2
Land area: 452m2
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Property Details for 7b The Terrace, Ocean Grove

7b The Terrace, Ocean Grove is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2020. The property has a land size of 452m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2020
Floor Size
243m2
Land Size
452m2
Local Government
Greater Geelong
Lot/Plan
2/PS820733

Last Listing description (December 2019)

Masterfully designed over two light filled levels, this luxurious 4 bedroom residence presents breathtaking coastal design, at the peaceful river end of Ocean Grove. A spacious floor plan blends seamlessly with poolside entertaining, lending this home to holidays close to town or a stylish family lifestyle by the beach!

-Luxury 4BR townhouse filled with natural light at the peaceful river end of Ocean Grove
-Lifestyle friendly design with dual family living and entertaining zones and solar heated pool

-Only 600m from the bustle of Ocean Grove’s town centre, with boutique shops, cafes, and eateries
-3 minute stroll down to the river's edge, for kayaking, a swim and coastal tracks to Barwon Heads
-Contemporary exterior features crisp white render against contrasting charcoal and timber
-A glamorous arrival is assured with a feature chandelier and jaw-dropping floating timber staircase
-An expansive void reaches two storeys high, to create an unforgettable spatial experience
-Relax and unwind in the north facing living blending seamlessly with a private outdoor deck
-The entertainer's kitchen features waterfall edge stone benches, butler's pantry and LED lighting
-Take cover under the shade of the pergola between swims in the spectacular in-ground pool
-Glass wraps the pool area, leaving a lush green lawn space beside the deck for children to play
-Master suite on ground floor with WIR, luxe ensuite with frameless shower and his/hers basins
-Marble herringbone feature walls, with timber vanities, deliver contemporary scandi style
-Three generous bedrooms sit on the upper level with family sized bathroom and powder room
-Guests or teens will love the quiet upstairs retreat with scenic balcony and study nook
-Rich Tasmanian Oak flooring runs through all living zones, with quality carpet to bedrooms
-Everything is included in this turnkey package including the premium coastal landscaping
-DLUG with internal access, quality finishes and fittings and LED lighting throughout
-Ducted gas central heating and SSAC for comfort, including ceiling fans to living and bedrooms
-Walk to the Ocean Grove Golf and Bowls Clubs, with wineries and coastal towns a short drive away

Completion this December 2019. Move in for Christmas. Contact agent to inspect and for a total list of inclusions

*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 7b The Terrace, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,335,000
04 Dec 2019
  • 10 Dec 2019
    Listed for Sale $1,275,000-$1,400,000
  • 04 Dec 2019
    Sold for $1,335,000
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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 11,888 properties. Over the last 5 years, Houses in Ocean Grove have seen a 24.39% increase in median value, while Units have seen a 31.47% increase. As at 30 November 2025:

  • The median value for Houses in Ocean Grove is $1,031,997 while the median value for Units is $816,100.
  • Houses have a median rent of $598 while Units have a median rent of $510.
There are currently 133 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 513 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.