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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 293 investment properties found in Ocean Grove on realestateinvestar.com.au

18 Parker St, Ocean Grove

$2,500,000

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Architecturally Enhanced River Retreat

A refined example of contemporary coastal living, this fully renovated river retreat has been transformed by an award-winning extension from Greig & Greig Design and Construction. Designed to harmonise with its natural setting, the flexible four-bedroom plus study, three-bathroom floorplan offers ...

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VIC 3226


7 Mullaway Ct, Ocean Grove

$1,160,000

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Quietly Positioned Between Nature And The Sea

Birdsong carries across the wetlands as the day begins, tides murmur in the distance, and the pace immediately feels different here. Set within a quiet coastal enclave beside the natural expanse of the Begola Wetlands, this three bedroom residence offers a rare immersion in landscape and ...

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VIC 3226


31 Minerva Cl, Ocean Grove

$935,000

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Coastal Living with Room for the Van or Boat!

Looking for a quiet cul-de-sac location close to the beach and reserve? Look no further-welcome to 31 Minerva Close, Ocean Grove. Just 400 metres from the shoreline, this is true coastal living at its best. Start your mornings with a short stroll for a takeaway coffee from the Dawn Café, and ...

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VIC 3226


8 Centurian St, Ocean Grove

$900,000

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Serene Family Haven with Contemporary Coastal Comfort

This exquisite four-bedroom coastal residence embodies modern family living at its finest, delivering contemporary sophistication in a peaceful, family-friendly neighbourhood. Thoughtfully crafted with premium inclusions and a refined eye for detail, this home offers a lifestyle of relaxed luxury, ...

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VIC 3226


55 Shorebreak Way, Ocean Grove

$1,050,000

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Shorebreak Lighthouse

Positioned within the highly sought-after Kingston Coast estate, this near-new home built by Enso Homes - showcases the thoughtfully designed "Lighthouse" courtyard layout, combining modern style with practical, light-filled living. Designed to maximise natural light, the north-facing yard creates ...

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VIC 3226


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