Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Heath Cl
$1,095,000
Last sold
30 May 2023
3
Bedrooms
2
Bathrooms
6
Car spaces
840 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,095,000
30 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Ocean Grove (last 5 years) with land size have a median of $1,795/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $584/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Bellarine PropertyFor sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is underway and the property can sell at any time. Contact Toby to become qualified and avoid disappointment. Open to all buyers, include finance, subject to the sellers approval.
The Feel:
Nestled on a sprawling 840sqm (approx.) site and surrounded by picture-perfect gardens, this character-filled home presents a rare offering in a tightly held Old Ocean Grove community, within a leisurely stroll of both town centres. Cherished by the same family for almost 40 years, the custom designed and built residence has been superbly crafted from mud brick, and features a host of natural finishes that sit harmoniously within its tranquil environment. Showcasing effortless integration with its picturesque surrounds and a generous layout for low-maintenance living, this property delivers a wonderful opportunity to secure an easy-care sanctuary in an outstanding setting.
The Facts:
-Character-filled 3BR home, offered to market for the first time since it was built in 1984
-Mud brick residence has been custom designed to integrate with its picturesque garden surrounds
-Impressive 840sqm (approx.) corner allotment in desirable Old Ocean Grove court location
-Low-maintenance & vibrant garden surrounds create an instant first impression, with established gum trees underplanted by a profusion of perennial colour
-Set across two levels, the versatile floorplan with ground floor master BR is well suited to families or downsizers alike
-Abounding with rustic charm, interiors feature textural stramit board ceilings with vermiculite finish, a soaring pitched roofline with exposed beams, & natural timber detailing
-A garden outlook from every room enhances the indoor-outdoor connectivity
-Commodious living & dining room perfectly lends itself to communal family living
-Adjoining timber-lined kitchen with stone waterfall benchtops makes clever use of space, incorporating corner drawers & appliance cabinet
-Informal meals area is encased by north-facing garden window, for relaxed dining
-Sliding door accesses a sundrenched pergola, entwined by ornamental grape vines for summer shade
-Master bedroom with a full wall of BIRs + built-in dressing table & picturesque garden outlook
-Ground floor is serviced by a family bathroom with frameless glass shower, stone topped vanity & separate powder room
-Upper level is ideal for accommodating children or guests with 2BRs, both with BIRs, & central bathroom
-Wall mounted electric panel heaters warm the home through the cooler months
-An abundance of parking space for all the toys includes 4-car garage + double carport
-Sustainable features include 16 panel solar array & 4600L rainwater storage
-The carefully planned gardens offer lush year-round colour, with minimal upkeep requirements
-Quiet court location within easy reach of the beach, The Terrace & the family-friendly amenities of the Surfside school & sporting precinct
The Owner Loves….
“We purposely designed the home to incorporate the beautiful garden settings, and we love that the outdoor connection is enhanced by all the unusual features. It is an easy-care place with an easy-care garden which means your time can be spent simply enjoying the lifestyle. There really is nothing else like it.”
*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
Listing description written by Toby Lee, Bellarine Property — reproduced as published, not verified by Districts.