Ocean Grove, VIC 3226

Ocean Grove, VIC 3226

Compare Part of Greater Geelong

63.43 km
Distance from CBD
11 k
Population

Auction Times

Sat 10 Dec
Auction Time Agency
24 Barramundi Crescent
5 3 2 House
10:30 AM
Sat 10th Dec
Gartland Real Estate
Median Sale Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$395,000
0.0% $184,000 $1,150,000 196
2010
$490,000
+19.4% $133,000 $2,610,000 260
2011
$470,000
-4.3% $235,000 $2,450,000 226
2012
$475,000
+1.1% $263,500 $3,301,650 238
2013
$457,500
-3.8% $80,000 $1,490,000 289
2014
$515,000
+11.2% $300,000 $2,500,000 273
2015
$535,000
+3.7% $214,000 $1,820,000 313
2016
$575,000
+7.0% $370,000 $2,500,000 310
2017
$637,500
+9.8% $405,000 $1,950,000 317
2018
$685,000
+6.9% $268,500 $3,200,000 325
2019
$700,000
+2.1% $480,000 $6,300,000 291
2020
$780,000
+10.3% $440,000 $3,600,000 391
2021
$975,000
+20.0% $630,000 $3,794,000 413
2022
$1,180,000
+17.4% $190,000 $4,500,000 272
Median Sale Price
$1.18M
Based on 298 recorded sales within the last 12 months
Updated on 9 Dec 2022
Suburb Growth
+19.5%
Current Median Price: $1,180,000
Previous Median Price: $950,000
Based on 727 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$350
0.0% $150 $700 171
2012
$370
+5.4% $195 $1,391 222
2013
$360
-2.8% $200 $690 268
2014
$380
+5.3% $150 $575 155
2015
$375
-1.3% $200 $650 314
2016
$385
+2.6% $200 $1,200 292
2017
$430
+10.5% $215 $1,300 215
2018
$450
+4.4% $265 $1,500 255
2019
$450
0.0% $270 $1,350 279
2020
$460
+2.2% $290 $1,400 202
2021
$540
+14.8% $370 $1,850 164
2022
$550
+1.8% $210 $2,500 220
Median Rent Price
$550
per week
Based on 227 recorded rent within the last 12 months
Updated on 9 Dec 2022
Rent Price Growth
+3.6%
Current Median Rent: $550
Previous Median Rent: $530
Based on 388 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,180,000
Current Median rent: $550
Based on 525 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)

Auction Results For Ocean Grove

Houses sold in Last 12 months ends 3 Dec 2022

$1.11M

Median Sale Price

99%

Clearance Rate

226/229

Sold/Reported

$4M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 11
$2 M - $3 M 8
$1.8 M - $2 M 3
$1.6 M - $1.8 M 12
$1.4 M - $1.6 M 15
$1.2 M - $1.4 M 48
$1 M - $1.2 M
(Median Price Range)
49
$800 K - $1 M 72
$600 K - $800 K 7

Schools closest to Ocean Grove, VIC 3226

School name Address Type Sector Distance
Ocean Grove Primary School DRAPER STREETOcean Grove 3226 Primary Government 0.47 km
Our Lady Star of the Sea Primary School JOHN DORY DROcean Grove 3226 Primary Catholic 1.55 km
Surfside Primary School 31-65 JOHN DORY DRIVEOcean Grove 3226 Primary Government 1.79 km
Bellarine Secondary College Ocean Grove Campus Ocean Grove 3226 Secondary Government 1.84 km