5/86-90 The Terrace
Compare with other listings
See it side-by-side · winner per row · AI verdict.
Photos via the original listing. All photographs remain the property of their respective owners.
Maps & AI
Ask StMate AI
AI Property Assistant
Ask anything about this property
Approximate location shown. Contact agent for exact address.
Gallery
Property Photos
Listing description
About this property
Imagine finishing a beach swim and being home before the salt dries on your skin. From this centrally placed two-bedroom apartment, Ocean Grove life is experienced in real time, unfiltered, walkable and wonderfully spontaneous. Coffee, cocktails, dinner, a late wander home, it all happens naturally when the town centre and the beach sit so effortlessly within reach. Spread across two well considered levels, the apartment offers separation, flexibility and everyday ease. Upstairs, the north facing living zone is bright and comfortable, opening to a sunny balcony that becomes a natural pause point between day and night. It's a space made for slow mornings, post beach resets and relaxed evenings, supported by a practical galley kitchen that works easily now while leaving room for future refinement. Recently refreshed with newly installed carpets and fresh paint throughout, the interiors feel crisp, clean and immediately inviting. The sleeping zones are deliberately private. The upper-level bedroom sits quietly away from the living areas with its own ensuite and robe, ideal for owners or longer stays. Downstairs, the second bedroom opens directly to a secluded rear courtyard creating a calm retreat that feels removed from the energy outside. With its own private bathroom, this level lends itself beautifully to guests, shared living or holiday use. Both bedrooms benefit from the recently updated carpets and freshly painted walls, enhancing comfort and presentation. Storage is generous, the single lock up garage adds convenience and the low maintenance format suits both permanent and part time living. Step outside and the lifestyle takes over. Beaches, cafés, bars and restaurants all within an easy stroll, where days blur into evenings and the village hum becomes part of the backdrop. Rarely does a property offer this level of proximity with such a sense of retreat, making it an outstanding option for downsizers, investors or those seeking a true lock up and leave coastal base with Airbnb potential (STCA). Potential Rental Return: $500-$520 per week
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 71 m²
- Listed
- 3 months ago
Repayment calculator
Upfront costs
Know what you can borrow
Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.
Inspections
Interested in inspecting this property?
Check the next open inspection time or request a private viewing on Domain.
Book inspection on DomainWork at Hayden Real Estate Ocean Grove? Claim this listing to sync your ads with StMate.
Neighbourhood
Living in Ocean Grove
This 2-bedroom house in Ocean Grove, VIC 3226 sits within reach of public transport, local shops and nearby schools. It is listed 47% below the $1.45m median of 74 comparable houseswithin 5 km.
Schools near Ocean Grove
- Ocean Grove Primary Schoolprimary · Prep-6 · CoEd
- Our Lady Star of the Sea Schoolprimary · Prep-6 · CoEd
- Surfside Primary Schoolprimary · Prep-6 · CoEd
- Bellarine Secondary College-Ocean Grove Campussecondary
What's nearby
- Ocean Grove Shops/The Terrace (bus) — 39 m away
- Discount — 2.4 km away
- Arthur Powell Reserve — 861 m away
- Unnamed — 863 m away
- Begola Wetlands — 940 m away
Ocean Grove at a glance
Full suburb profile- Population
- 17,714
- Median age
- 43
- Household income
- $1,837/wk
- Median rent
- $420/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
Generate Property Report
Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.
Suburb market
Suburb price trend
Ocean Grove price trend
Median sold · House 2 bed
Compound growth -2.5% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Ocean Grove marketThis listing
Price history
Price history
Listing price changes
2 price changes recorded for this property
See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.
Side-by-side analysis
Compare with similar properties
Similar houses in the same price range in Ocean Grove and nearby — see how this property stacks up.
Within 5km