1517 The Terrace, Ocean Grove VIC 3226
0 beds
0 baths
0 cars
Spachus Insights
View Ocean Grove market
Price position
Above suburb median
36.8% above 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
59 days typical
Typical tracked selling time in Ocean Grove.
Property details
Prime Development Opportunity in Ocean Grove
Situated in a premier street close to the main township of Ocean Grove this exceptional property spans two residential blocks on separate titles of 821 sqm approx. each totalling a massive 1643 sqm approx. of prime coastal real estate. Each block is available to purchase individually or as a whole. Currently in use as a bowling green forming part of the popular Ocean Grove Bowling Club opposite this already-levelled land presents minimal knock-down requirements offering an unmissable opportunity for investors developers and builders.
0Bedrooms
0Bathrooms
0Car spaces
LandProperty type
1643 m²Land
Ocean Grove market
Full suburb reportMedian listing$950,000
Median sold$900,000
Typical selling time59 days
Tracked sold properties187
Property Overview
1517 The Terrace, Ocean Grove VIC 3226 is recorded as land. It is currently off market. Its last tracked listing information showed $1,300,000. In Ocean Grove, the median listing price is $950,000 and the median sold price is $900,000. Properties in Ocean Grove typically sell in around 59 days based on Spachus tracked sales data.
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