Back 22 Penleigh Cres
Off Market

22 Penleigh Cres

Ocean Grove VIC 3226

3
2
2
570 m²
House
Last sold for $825,000
Samuel OxleySamuel Oxley, last sold this property on 12 May 2025 after 482 days on market.

Overview

Immaculate Home With Modern Living And Versatility

*Potential Holiday Rental Return: $35k-$45k p.a approx. *Permanent Rental Return: $580-$600 per week approx Unique: This meticulously presented three-bedroom, two-bathroom residence stands out for its hassle-free, high-quality living and versatile spaces. The fully furnished setup, currently operating as an Airbnb property, offers immediate occupancy, making it an attractive investment or holiday rental. Key Features: Expansive Living: Dual living areas, including a separate formal lounge room or retreat/office. Chef's Delight: Well-appointed kitchen with gas cooktop and ample walk-in pantry. Tranquil Outdoor Retreat: Generous alfresco deck with views of the lush, fenced backyard. Masterful Suite: Impressive master bedroom with walk-in robe, ceiling fan, air-con, and private ensuite. Family-Friendly: Second and third bedrooms with built-in robes and ceiling fans. Functional Main Bathroom: Family-sized bathroom with a large bath, shower, and separate toilet. Convenient Features: Separate internal laundry; internally accessible double lock-up garage. Versatile Configuration: Currently set up as a fully furnished Airbnb property for immediate occupancy. Essence: Versatile Living, Hassle-Free Luxury, Move-In Ready. Disclaimer: Please note that all information provided by Pavilion Property is in good faith and derived from sources believed to be accurate and current at the date of publication. Pavilion Property acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Pavilion Property will not be liable for any loss resulting from actions or decisions made in reliance on the provided information.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
570 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ocean Grove over the last 12 months, the estimated median property value of 22 Penleigh Cres is $845k.

Median value
$845k
Estimated value range
$695k - $1.55m
Median days on market
48
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ocean Grove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 22 Penleigh Cres

2025
Sold
$825,000
Private Sale/Treaty on 12 May 2025 by Samuel Oxley, of Pavilion Property Group
2021
Sold
Undisclosed
20 Apr 2021 by Josh Cameron, of Pavilion Property Group
2019
Sold
$555,000
Private Sale/Treaty on 29 Aug 2019 by Josh Cameron, of Pavilion Property Group

Happy sellers in Ocean Grove

80%
80% of sellers in Ocean Grove reported that their sale price either exceeded or met their price expectations.

Ocean Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Ocean Grove over the last 12 months.

Local market activity for 3 bedroom houses in Ocean Grove

In the last 12 months, 103 three-bedroom houses similar to 22 Penleigh Cres, have been sold.

This represents a 9% increase in three-bedroom houses sales when compared to the previous 12 months.

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