Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Jabiru Cl
$995,000
Last sold
30 Sept 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
632 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
$995,000
30 Sept 2022 · 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
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4
NRZ4
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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 · NRZ4 (ZN). Official parcel area about 633 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 633 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 15. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 · NRZ4 (ZN). Official parcel area about 633 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 633 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 15. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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:
Highly sought-after yet rarely offered, this property presents an outstanding opportunity to secure a classic beach house, in a tightly held, leafy Old Ocean Grove court location. Combining original features with considered updates, and offered for the first time in over 40 years, the 3BR timber-clad home will capture your attention with its prized location and easy liveability. Conveniently positioned so close to village shopping, cafes, schools, sporting & recreational facilities, and world class beaches, it is all ready and waiting to be enjoyed!
The Facts:
-Extremely well maintained beach house situated in a quiet cul de sac, in a central Old Ocean Grove location
-Single level home abounds with character, with original features including exposed Oregon beams & timber wall detailing adding to the charm
-Updated kitchen, bathroom & laundry ensure modern practicalities are at the fore
-Secure frontage beyond a beautifully presented garden
-Functional floorplan includes 3BRs, all with BIRs
-A neat living room adjoins the meals & kitchen area, where electric cooking, dishwasher & an abundance of storage add to the convenience
-Generous family bathroom with freestanding bath, shower, vanity & WC
-Detached bungalow with gas heating offers spacious 2nd living zone, ideal for a teen retreat or man cave
-Year-round outdoor entertaining is made easy, thanks to a large undercover north-facing deck with alfresco blinds
-Split system heating & cooling to living & main BR, plus newly installed ducted heating maintains seasonal comfort
-New roller blinds throughout the home
-Abundant parking in driveway and secure carport
-Generous allotment boasting easy care back yard, with feature trees, 3 garden sheds & rainwater storage
-Located in a quiet, family-friendly court, with a park & playground situated next door
-Tightly-held, sought-after address, convenient to village shopping, cafes, schools, sporting & recreational facilities, & world class beaches
-Ideal as a permanent family home, beach retreat, downsizer or savvy investment, this property is sure to appeal
The Owner Loves.…
“The location is unbeatable – whether for families or retirees, we love how convenient it is to everything, yet still so peaceful. You’re close to both shopping centres, within walking distance of preschools and the primary school, as well as the Madeley Street shopping strip and sporting facilities. With a playground next door and located in a quiet street with wonderful neighbours, it doesn’t get much better.”
*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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