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

87A Madeley Street
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 417m2
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Property Details for 87a Madeley St, Ocean Grove

87a Madeley St, Ocean Grove is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 417m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in May 2004.

Building Type
Unit
Floor Size
118m2
Land Size
417m2
Local Government
Greater Geelong
Lot/Plan
2/PS417247

Last Listing description (January 2025)

The residence features an open-plan living, dining, and kitchen area that seamlessly flows to the rear alfresco and yard. The modern kitchen is equipped with gas cooking, a dishwasher, and ample bench and cupboard space. All three bedrooms come with built-in robes, while the family bathroom includes a bath, shower, and vanity, complemented by a separate toilet and laundry room.

Ensuring year-round comfort, the home boasts both gas heating and a split system. Additional highlights include a single-car garage and beautifully landscaped gardens, which will be professionally maintained throughout the tenancy.

This property is available until December 2025 and is only available fully furnished.

Please note rent is calculated per calendar month =$2042

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

A timeline of how this property has performed in the market
Last Sold
$300,000
19 May 2004
Listed for Rent
$470/w
20 Jan 2025
  • 09 Jan 2025
    Listed for Rent $470 / week
  • 08 Jun 2024
    Listed for Rent $450 / week
  • 19 May 2004
    Sold for $300,000
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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 11,887 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 134 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 508 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.