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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 4 of 4 investment properties found in Ocean Grove on realestateinvestar.com.au

67 Shell Rd, Ocean Grove

$1,050,000

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Nature on Your Doorstep and Well-Connected Living

Bordering 20Ha of pristine native bushland while enjoying exceptional walkability to village essentials, this spacious, characterrich family home welcomes you with warmth, space, and a garden setting that feels utterly enchanting. Privately set back from the street along a fully sealed service ...

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House

VIC 3226


Lot 408 Wipeout St, Ocean Grove

$1,272,400

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Experience the Pinnacle of Home Design

Introducing the Sherridon Homes Promenade Range Experience the pinnacle of style, comfort, and innovation with the Promenade Range, Sherridon Homes premium collection designed for modern living. Every home in this range comes with our highest-level inclusions, thoughtfully crafted finishes, and ...

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House

VIC 3226


27B Asbury Street West, Ocean Grove

$1,550,000

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High-End Townhouse in Sought After Old Grove

The Feel: Perfectly located in Old Ocean Grove only 5mins walk to the main street, this stunning home epitomises the coastal lifestyle. Large-scale proportions and soaring ceilings meet impressive surfaces and tech features that exceed the demands of family life. Custom-designed to cater to ...

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Townhouse

VIC 3226


Lot 106 Tidal St, Ocean Grove

$996,000

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House & Land with over $32k in bonus upgrades!

The Montpellier is a functional design, with four bedrooms and multiple living areas spread over two storeys. A lounge near the entry offers a secluded space to unwind away from more hectic entertaining activities, while a spacious home office encourages studying or working from home. The double ...

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House

VIC 3226


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