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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 5 of 229 investment properties found in Ocean Grove on realestateinvestar.com.au

3B Lookout Rd, Ocean Grove

$2,400,000

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Luxe Family Living Just Steps from the Beach

In a showpiece of contemporary design and luxurious quality, this architecturally impressive four-bedroom home by the renowned LeMaistre Builders delivers three levels of lavishly proportioned family living within a setting of privileged beachside perfection, positioned high on the crest of Ocean ...

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Townhouse

VIC 3226


Lot 128 Ocean Grand Dr, Ocean Grove

$813,785

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HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS L

Coral's floorplan designs are ideal for modern, close-knit families. The formal living at the front of the home provides you the option to make this a formal dining room, or otherwise a lounge area. It has the beauty of being flexible at different stages of life. The open-plan kitchen faces the ...

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House

VIC 3226


Lot 128 Ocean Grand Dr, Ocean Grove

$839,885

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HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS L

Transform your family life with convenient and compelling Melrose. The sun-filled kitchen makes meal preparation a time to enjoy, while the pantry and additional storage throughout, help keep areas clean and tidy. To assure peaceful retreat and privacy, the master bedroom is at the front of the ...

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House

VIC 3226


Lot 128 Ocean Grand Dr, Ocean Grove

$847,435

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HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS L

Charismatic, creative style and day-to-day convenience are the inspiration for Franklin. Flooded with light, Franklin features an entertainer's kitchen with a walk-in pantry overlooking an expansive meals and family area. Bedrooms are positioned on one side of the home, away from living areas, ...

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House

VIC 3226


Lot 128 Ocean Grand Dr, Ocean Grove

$1,021,085

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HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS L

Alexander is our double storey entertainer. With more than half of the ground floor allocated to expansive living spaces, you can throw as many parties as you like and have plenty of room for them! Enjoy seamless indoor / outdoor living downstairs. Upstairs offers privacy with four bedrooms and ...

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House

VIC 3226


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