Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Bronzewing St
$780,000
For sale
Asking
$700,000
Last sold
22 Feb 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
326 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
Asking
$780,000
Asking · $2,393/m² of land
Last recorded sale $700,000 (22 Feb 2021).
Local land rate: recorded House sales in Ocean Grove (last 5 years) with land size have a median of $1,792/m² of land (n=75). 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
$47,499 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Ocean Grove's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 PropertyBeautifully designed for effortless coastal living, this light-filled north-facing home combines quality finishes, energy-efficient living and exceptional indoor-outdoor spaces in the highly sought-after Oakdene Estate. Complete with a 6.6kW solar system to help reduce everyday electricity costs, this is a home that offers immediate comfort, long-term value and a lifestyle that's ready to enjoy from day one.
Flooded with natural light throughout the day, the spacious open-plan kitchen, dining and living area flows seamlessly onto a generous wraparound entertaining deck, creating the perfect space for entertaining, relaxing with family or enjoying the sunshine. Beyond the deck, a secure rear lawn provides plenty of room for children and pets to play, while the thoughtful separation between the home and garage creates a wonderful sense of space.
Adding to the home's charm are beautifully established native gardens, a peaceful fern garden and a private courtyard that provide privacy, shade and year-round enjoyment. Every element has been thoughtfully designed to create a home that is stylish, functional and perfectly suited to relaxed family living.
The Facts:
-Prized north-facing orientation filling the main living areas with natural light throughout the day
-6.6kW solar system delivering energy efficiency and lower electricity costs
-Quietly positioned within the sought-after Oakdene Estate, just moments from playgrounds, sporting fields and walking tracks
-Contemporary single-level coastal home with timeless interiors and quality timber finishes
-Freshly sanded hardwood floorboards throughout the main living spaces
-Expansive wraparound entertaining deck with seamless indoor-outdoor flow
-Secure rear lawn offering valuable space for children and pets to play
-Established native gardens, tranquil fern garden and private courtyard creating privacy, shade and low-maintenance appeal
-Striking high ceilings enhance the sense of space and natural light
-Well-appointed kitchen featuring Caesarstone benchtops, walk-in pantry, 900mm oven, generous fridge cavity and abundant bench and storage space
-Spacious master suite with walk-in robe and stylish ensuite featuring floor-to-ceiling tiling and an in-situ shower
-Two additional bedrooms with built-in robes, serviced by a contemporary central bathroom with full-size bath
-Split-system heating and cooling to the living area and every bedroom for year-round comfort
-Premium window furnishings throughout, featuring elegant privacy and shade blinds complemented by full blackout blinds for comfort, privacy and a cohesive designer finish
-Double lock-up garage with convenient rear access to the backyard
-Secure, low-maintenance allotment designed to maximise lifestyle rather than upkeep
-Supermarkets, schools, shops, health services and the beautiful beaches of Ocean Grove are all just moments away
The Owners Love...
"From the moment we moved in, we loved how the north-facing living area fills with sunshine throughout the day. The wraparound deck has been perfect for entertaining, while the secure backyard gives the kids and dog plenty of space to play. The established gardens provide privacy and greenery without demanding lots of maintenance, and the 6.6kW solar system has made a real difference to our running costs. Combined with the friendly neighbourhood and the park just metres away, it's been a wonderful place to call home."
Committed to their next move, the vendors are genuinely motivated to sell and are prepared to meet the market to secure a timely sale. Flexible settlement terms are available, and buyers are encouraged to inspect early and present their interest
*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 enquiries 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.