Download your FREE reports now!

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 2 of 2 investment properties found in Ocean Grove on realestateinvestar.com.au

61 Shorebreak Way, Ocean Grove

$1,475,000

property pic

Coastal Luxe with 9-Star Energy Rating

Step into a world of forward-thinking design and exceptional liveability with this immaculate family home, incorporating passive design principles and state-of-the-art finishes, and culminating in an exceptional 9-star energy rated residence that is as warmly inviting as it is high performing. ...

Get more info on this property
rei

4

rei

2

rei

3

House

VIC 3226


143B The Ave, Ocean Grove

$1,795,000

property pic

A Statement in Style and Liveability

The Feel: Custom design, quality finishes and effortless living unite in this flawlessly crafted Duncan Pascoe home, delivering an ideal permanent residence or luxe beach house in a central Old Grove address. Custom crafted to maximise sunlight and ocean breezes, it reveals a choice of living ...

Get more info on this property
rei

3

rei

2

rei

2

Townhouse

VIC 3226


Navigate to more Suburbs, Regions or States