4. Property Detail

Banks Road/Ocean Grand Drive, Ocean Grove VIC 3226

residential land

0

Bedrooms

0

Bathrooms

0

Car Spaces

$11,100,000
Banks Road/Ocean Grand Drive, Ocean Grove VIC Sold on 24 May 2017

Distance To CBD: 14488.47 km

Land Size: 121405 m2

Measure Land Size

Agency: Hocking Stuart - (Geelong) Pty Ltd

Nearby Sold Price

Stamp Duty Calculator

Total

$ 611,970

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $610,500
*based on property value $11,100,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 47,670

Total interest payable $8,281,114

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $8,880,000 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
22 Gambier Street 0 $470,000
10-12 Yellow Gum Drive 0 $1,400,000
Lot 622 Duneview Drive 0 $549,900
37 Sunset Strip 0 $517,500
Lot 629 Duneview Drive 0 $459,900
Lot 607 Coastal Boulevard 0 $479,900
Lot 608 Coastal Boulevard 0 $479,900
Lot 604 Coastal Boulevard 0 $498,900

Comparable Rent Properties

Address Rent Price
182/60 Gambier Street 0 $520,000 p/w
7a Orbost Street 0 $330 p/w
21 Asbury Street West 0 $200 p/w
7/19 Lake Avenue 0 $210 p/w
5/95 The Terrace 0 $220 p/w
32 Pembroke Road 0 $370 p/w
3 Carinae Court 0 $295 p/w
3/111 The Terrace 0 $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

Top Sales - Unit- Last 12 months updated 24 Apr 2024

Address Sold Price
6 The Avenue Ocean Grove 3226 $2,900,000 0 0
7a The Terrace Ocean Grove 3226 $2,175,000 4 2
18B Dare Street Ocean Grove 3226 $2,150,000 4 2
49A Orton Street Ocean Grove 3226 $2,125,000 3 2
139 The Avenue Ocean Grove 3226 $1,700,000 0 0
42A Wyatt Street Ocean Grove 3226 $1,670,000 3 2
82B Powell Street Ocean Grove 3226 $1,600,000 4 3
10-12 Yellow Gum Drive Ocean Grove 3226 $1,400,000 0 0
1/97 The Avenue Ocean Grove 3226 $1,365,000 3 3
23b Sandpiper Court Ocean Grove 3226 $1,364,000 3 2

Ocean Grove, VIC 3226
(63.43 km to CBD)

Median House Price

$1,165,000

Median Unit Price

$875,000

Surrounding Suburbs