4. Property Auction Result

4/97-99 The Terrace, Ocean Grove VIC 3226

4/97-99 The Terrace, Ocean Grove VIC 3226

unit 2

Sold $485,000 on 16 Jul 2016

Distance To CBD: 63.34 km

Measure Land Size

  • Agency: Bellarine Property Pty Ltd

    Nearby Sold Price

    • Map And Street View
    Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

    Stamp Duty Calculator

    Total

    $ 25,603

    Mortgage registration fee $108

    Transfer fee $1,325

    Stamp duty on property $24,170
    *based on property value $485,000 for investment

    Loan Repayment Calculator

    Monthly Repayment

    $ 2,083

    Total interest payable $361,832

    Loan Term 30 years

    Annual Interest Rate 5.00%
    *based on loan amount $388,000 for principal and interest
    Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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    Comparable Sold Properties

    Address Sold Price
    2/65 The Parade 2 $725,000
    1/25 Orton St 2 $450,000
    2/62 Madeley Street 2 $710,000
    5/81-83 Powell Street 2 $798,000
    1/25 Wallington Road 2 $522,500
    4/103-105 The Terrace 2 $515,000
    1/32 Kalinga Road 2 $705,000
    2/12-14 Hurst Street 2 $722,000

    Comparable Rent Properties

    Address Rent Price
    3/28 Wilkinson Court 2 $450 p/w
    2/147 The Terrace 2 $460 p/w
    9/19-21 Wallington Road 2 $380 p/w
    2/49 Presidents Ave 2 $300 p/w
    1/23 Driftwood Street 2 $290 p/w
    4/105 Eggleston Street 2 $400 p/w
    5/43-47 Presidents Avenue 2 $460 p/w
    5/39-41 Orton Street 2 $340 p/w
    Auction History - Ocean Grove, VIC 3226
    2024 April
    Address Price Result*
    5/81 The Parade N/A W 3
    28-29 Alfred Ct N/A W 4
    2024 March
    Address Price Result*
    14 Aldebaran Rd N/A W 4
    2/18 Osborne St N/A W 5

    Ocean Grove, VIC 3226
    (63.43 km to CBD)

    Median House Price

    $1,165,000

    Median Unit Price

    $875,000

    Surrounding Suburbs

    Nearby Train Stations

    Nearby Schools

    1.24 km Ocean Grove Primary School
    1.43 km Our Lady Star of the Sea Primary School
    1.51 km Surfside Primary School
    1.72 km Bellarine Secondary College Ocean Grove Campus