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Investment Property Ocean Grove, VIC, 3226

Suburb Snapshot

Ocean Grove is a suburb in the Greater Geelong Region of Victoria. Ocean Grove has a population of 14,163 people and 15.68% of its occupants live in rental accommodation. The median listing price for houses is $1,000,000 and this has changed -4.68% over the past year and changed -9.10% over 2 years.

The median rent in Ocean Grove for houses is $570 per week and the median rental yield is 2.96%. Stock on the market for houses/townhouses has changed 0.36% compared to last year and the average time to sell a house/townhouse is 155 days.The median listing price for units is $600,000 and this has changed -13.67% over the past year. The average unit takes 218 days to sell and the median rent for a unit in Ocean Grove is $490 per week, producing a rental yield of 4.24%.

Supply & Demand in Ocean Grove, Greater Geelong

0.70%

Current vacancy rate


76

Rental stock available


14,163

Population


15.68%

Rental population


0.88%

Current vacancy rate


1,294

Rental stock available


233,426

Population


23.30%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Ocean Grove, Greater Geelong

  House Townhouses Units
Median listing price $1,000,000 $1,195,000 $600,000
Median price change - last quarter 0.00% 11.66% -4.35%
Median price change - 1 year -4.68% 20.10% -13.67%
Median price change - 2 years -9.10% 1.91% -20.00%
  House Townhouses Units
Median weekly rent $570 $580 $490
Median yield % 2.96% 2.52% 4.24%
Median rent change - 1 year 2.70% 0.00% 8.88%
  House Units
Previous month sales 21 2
Stock on market previous month 281 23
Stock variance vs. last year 0.36% -34.29%
Average days on market 155 218

Ocean Grove investment property listings

Showing 3 of 3 investment properties found in Ocean Grove on realestateinvestar.com.au

3 Sunset Strip, Ocean Grove

$850,000

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Beachside Bliss with Year Round Comfort

Just a short drive to the beach, shops and parks this charming home captures the essence of laid-back summer living with a cosy retreat feel for winter. Designed for effortless holidays and low-maintenance living, it's the perfect coastal escape. Enjoy sun-filled interiors with a relaxed, beachy ...

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House

VIC 3226


105 Cerberus Dr, Ocean Grove

$2,100,000

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Resort-Style Luxury on 1,000sqm

Redefining an exclusive seaside lifestyle with its flawless design and resort-style brilliance, this contemporary five-bedroom residence delivers every conceivable modern requirement, with a consummate sense of style and sophistication. Nestled within a 1,000sqm (approx.) north-to-rear allotment, ...

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House

VIC 3226


2/144 The Tce, Ocean Grove

$2,100,000

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View-Swept Architectural Haven

A lifestyle brimming with effortless liveability and contemporary appeal presents across this striking architectural townhouse, where exquisite interiors are immersed within equally as impressive 180-degree views that stretch from Cape Schanck to the Barwon Heads Bluff. With quality craftsmanship ...

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Townhouse

VIC 3226


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