Back 40 Penleigh Crescent
Off Market

40 Penleigh Crescent

Ocean Grove VIC 3226

3
2
2
625 m²
House
Last sold for $815,000
Hugh McKewanHugh McKewan, last sold this property on 21 August 2025 after 231 days on market.

Overview

Contemporary comfort in quiet court setting

Positioned in a quiet cul-de-sac within Ocean Grove's sought-after Kingston Estate, this well-designed three-bedroom home offers practical family living paired with an exceptional outdoor entertaining space-all just moments from parks, schools, and shopping centres. The open-plan kitchen, living, and dining zone forms the central hub of the home. The kitchen is equipped with stainless steel appliances, a walk-in pantry, breakfast bar, and pendant lighting-delivering both functionality and modern appeal. Glass sliding doors open directly to a generous alfresco deck complete with café blinds, ceiling fan, and garden views-perfect for hosting family and friends in comfort throughout the seasons. The master bedroom at the front of the home includes a walk-in robe and private ensuite, enhanced by elegant sheer curtains for a refined touch. A second lounge nearby offers flexibility as a parent's retreat, home office, or playroom. Two additional bedrooms with built-in robes are zoned in a separate wing, alongside a family bathroom, separate toilet, and spacious laundry with outdoor access. Set on a generous 625sqm (approx.) block, the home features a beautifully maintained backyard with established gardens, lawn, and wide side access-ideal for parking a boat or small caravan. A double lock-up garage provides secure car accommodation and storage. Conveniently located between the Marketplace and Kingston Village shopping precincts, and close to local schools and walking tracks, this home is ideal for families, first-home buyers, or downsizers seeking space, convenience, and modern comfort.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
625 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 40 Penleigh Crescent 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 40 Penleigh Crescent

2025
Sold
$815,000
21 Aug 2025 by Hugh McKewan, of Hayden Real Estate - Ocean Grove
2020
Sold
$640,000
23 Jan 2020 by Hugh McKewan, of Hayden Real Estate - Ocean Grove

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, 102 three-bedroom houses similar to 40 Penleigh Crescent, have been sold.

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

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