Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Arlington Cres
$900,000
Last sold
8 Mar 2023
3
Bedrooms
2
Bathrooms
1
Car spaces
630 m²
Land
Districts View
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
$900,000
8 Mar 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 scheme
ZN
Zone
RESIDENTIAL GROWTH ZONE - SCHEDULE 3
RGZ3
Jurisdiction
Greater Geelong
Greater Geelong, VIC
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
VICZoned RESIDENTIAL GROWTH ZONE - SCHEDULE 3 · RGZ3 (ZN). Official parcel area about 631 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 631 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY. This overlay can reduce what the land size appears to promise. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RESIDENTIAL GROWTH ZONE - SCHEDULE 3 · RGZ3 (ZN). Official parcel area about 631 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 631 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 PropertyThe Feel:
Occupying a sought-after address close to schools, shops and sporting facilities, this well-maintained 3-bedroom home offers an enviable lifestyle package for families, first home buyers or discerning investors in one of the Bellarine’s most thriving locales. A neat single-level floorplan celebrates effortless coastal living, with banks of glass flooding the home in natural light and uniting indoor and outdoor spaces. A spacious level allotment adds to the appeal with a huge north-facing rear yard providing an abundance of sun-drenched space to enjoy now or consider the options for the future.
The Facts:
-Neat-as-a-pin single level home, located in a quiet enclave close to a key family-friendly amenities
-Walk to Ocean Grove’s school precinct (3mins), Market Place Shopping Centre (3mins), and sporting facilities (10mins)
-Impressive level allotment of 630sqm (approx.) includes a secure yard offering an abundance of space for kids to run and play, with flexibility to add a pool or outdoor entertaining area (STCA)
-The home’s versatile 3-bedroom layout is awash with natural light and affords everyone their own space
-Instantly inviting, a well-proportioned living room upon entry sets the tone for laid-back family time
-Bask in morning sunshine from the east-facing family/dining room with full wall of glazing
-Galley style kitchen features timber benchtops & a full suite of quality European appliances
-Perfectly equipped for indoor-outdoor entertaining, sliding glass doors connect seamlessly to a paved alfresco area
-Well-appointed bedrooms include master with WIR and ensuite, privately zoned to the façade
-2 minor bedrooms, both with BIRs, are located at the rear of the home alongside a central family bathroom
-Split system heating & cooling, gas wall heater & ceiling fans to all bedrooms maintain seasonal comfort
-DLUG with remote access provides secure off-street parking
-Enjoy all-day sunshine with preferable north to the rear orientation – summer barbecues and back yard cricket are calling
-This is a highly appealing prospect for families looking for space & convenience, or savvy investors seeking solid rental returns
The Owner Loves….
“We have loved being the go-to home for hosting large family gatherings, especially in the summer months when everyone spills outside and relishes the beautiful sunshine and space. It really does encourage happy times with family and friends.”
*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.
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