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

87 Madeley Street
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 417m2
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Property Details for 87 Madeley St, Ocean Grove

87 Madeley St, Ocean Grove is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 417m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
Unit
Land Size
417m2
Local Government
Greater Geelong
Lot/Plan
1/PS417247

Last Listing description (March 2024)

An abundance of sunlight streams into the heart of this three bedroom home thanks to an enviable north facing aspect that sees a thriving, landscaped garden link seamlessly to a covered entertaining deck. Utilising an open plan design, the living zone offers views to the greenery and the kitchen and dining are easy use spaces that offer generous low maintenance living. The Westinghouse oven and gas cook top are accompanied by practical and plentiful cabinetry, including deep drawers for convenient storage within easy reach. Display shelves are set within cupboards and a glass splashback adds finesse to the layout. Within this open space, a split system is paired with a ceiling fan and Rinnai gas heater for easy temperature control and a bank of solar panels on the roof are a cost effective power solution for the household.

Tiled throughout, the open plan flows to the hallway where three carpeted bedrooms include built-in robes. At the front of the home, the master bedroom has been fitted with dual built in robes and a Jack and Jill bathroom with generous shower and separate toilet. A garden shed with a water tank and a SLUG with internal entry provide additional storage along with a hallway cupboard. Gentle views of the Ocean Grove tennis courts and surrounding parkland offer a peaceful setting and nearby, coastal views showcase the incredible beaches of Ocean Grove. Within easy walking distance, the Madeley St shops offer convenience and within another 10 minutes walk, the shops, restaurants and cafe's of the Terrace shopping strip await.

An ideal option for buyers seeking to downsize or first time buyers looking for an easy use home, this solid brick residence in the heart of Ocean Grove is an opportunity that won't last long! Inspect immediately.

Property History for 87 Madeley St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$850,000
26 Jan 2024
  • 26 Jan 2024
    Sold for $850,000
  • 15 Nov 2023
    Listed for Sale $860,000 - $895,000
  • 22 Aug 2007
    Sold for $353,000
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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 11,886 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 132 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 510 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.