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

33 Canis Cres, Ocean Grove

$2,000,000

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A Coastal Showpiece with Ocean Views on Both Levels

Showcasing breathtaking ocean views from both levels, this spacious residence is the epitome of luxury coastal living. It's clear that no detail was spared in this dream design, with Tassie Oak floorboards and wool carpet enhancing the flawless interiors. A lift provides access to the second ...

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VIC 3226


140 Powell Street East, Ocean Grove

$1,150,000

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Rare 814sqm Opportunity in Prime Pocket

The Feel: Set on an expansive 814sqm (approx.) allotment in a tightly held pocket of Old Ocean Grove, this solid brick home presents an exceptional opportunity to secure scale, position and future potential in one compelling package. Surrounded by established trees and generous gardens, the ...

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VIC 3226


10/100 The Pde, Ocean Grove

$800,000

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Ocean Views Meet Village Convenience

Refinement, security and complete walkability define this elevated Alkira residence in the heart of town. With the ocean forming part of the outlook and The Terrace cafes, restaurants and the shoreline all within strolling distance, it offers an exceptional opportunity to downsize with intent, ...

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VIC 3226


14 Rayville St, Ocean Grove

$900,000

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Effortless Living by the Coast

Positioned in a quiet, family-friendly pocket of Ocean Grove, this well-appointed home delivers a lifestyle of ease, space and coastal convenience. Designed with functionality in mind, the home offers a flexible floorplan with multiple living zones, ideal for growing families or those seeking room ...

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VIC 3226


9 Highview Ct, Ocean Grove

$1,100,000

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Effortless Living Surrounded by Nature

Offering an immediate change in pace where the sound of the surf sits behind the dunes, birdlife moves through the Banksias and the garden feels beautifully settled into its coastal environment. Elevated, private and moments from the beach, township and Begola Wetlands, this is a home with ...

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VIC 3226


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