1/23 Penleigh Crescent, Ocean Grove VIC 3226

3 beds 2 baths 2 cars

Spachus Insights

View Ocean Grove market
Price position Below suburb median

12.6% below the current suburb median listing price.

Buyer negotiation signal Buyer negotiation

The suburb median sold price is $50,000 below the median listing price.

Selling pace Sold much slower than typical

59 days typical · Sold in 93 days (58% longer).

Property details

Modern Comfort in Ocean Grove

Whether youre a downsizer savvy investor or a first-time buyer looking to enter the vibrant Ocean Grove market this contemporary 3-bedroom unit offers exceptional lock-and-leave convenience in a highly sought-after lifestyle location. With generous house-like proportions and quality finishes the property enjoys a light-filled northerly aspect creating a warm and welcoming atmosphere that youll love coming home to.
3Bedrooms 2Bathrooms 2Car spaces PropertyProperty type 328 m²Land

Ocean Grove market

Full suburb report
Median listing$950,000
Median sold$900,000
Typical selling time59 days
Tracked sold properties187
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Property Overview

1/23 Penleigh Crescent, Ocean Grove VIC 3226 is a property. It has 3 bedrooms, 2 bathrooms and 2 car spaces. The property sold for $740,000 on 14 November 2024 by private treaty after 93 days on the market. In Ocean Grove, the median listing price is $950,000 and the median sold price is $900,000. This sale was $160,000 (17.8%) below the Ocean Grove median sold price. Properties in Ocean Grove typically sell in around 59 days based on Spachus tracked sales data. It took 34 days longer to sell than the Ocean Grove typical selling time.

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Property history

Previous sales

MAY 2017
$455k PRIVATE TREATY
JAN 2015
$401k PRIVATE TREATY
JUL 2010
$318.5k PRIVATE TREATY
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