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VIC › Ocean Grove › Lady Earl Cres

16 Lady Earl Cres, Ocean Grove VIC 3226

For saleHouse for Sale

$830,000–$885,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

420 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $830,000–$885,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $830,000–$885,000(Listing record · 28 July 2026)
  • FactLand 420 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Ocean Grove's advertised median rent ($584/wk), implied gross yield would be 3.66% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$830,000–$885,000

Asking range · $1,976/m² of land

No recorded sale for this property.

Ocean Grove at a glance

19,129

People

No data

Median sale

$584/wk

Median rent

No data

Suburb gross yield

See the full Ocean Grove report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$830,000
Stamp Duty (Victoria)
$44,870
Transfer/Registration Fee
$2,046
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$880,616

$50,616 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Ocean Grove's advertised median rent — not a rent for this listing.

Net yield
2.16%
Annual cashflow (pre-tax)
$-25,242
Interest cover (DSCR)
0.42
Annual rent
$30,368
Operating expenses
$12,450
Loan amount
$664,000
Annual interest
$43,160
Gross yield
3.66%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$830,000–$885,000available28 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.7%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ocean Grove in one glance

Ocean Grove at a glance

19,129

People

No data

Median sale

$584/wk

Median rent

No data

Suburb gross yield

See the full Ocean Grove report →

Keep researching

  • Why Ocean Grove? Read the area thesis →
  • What else is on the market in Ocean Grove →
  • Other records on Lady Earl Cres →

Listing material

Listed by Oslo Property

Simplified Living with Contemporary Coastal Design

Defined: Holding a highly-sought position on the fringe of Ocean Grove’s more favoured pockets by families, this single-level haven immediately signals something different.

With its rock frontage and contemporary facade, the four bedroom configuration keeps entertaining at the forefront with an open-plan social heart, a secondary lounge, and private covered alfresco with pitched roofline and tiled floors. Meeting the needs at every one of life’s stages, it presents convenient living with arms’ reach to Ocean Grove’s line up of popular amenities.

Considered:

Read the full description

Kitchen: Generous walk-in pantry with open shelving, fridge cavity with overhead storage, dual-fuel cooker, dishwasher, microwave cavity, tiled splashback, canopy rangehood, overhead cabinetry, island bench with breakfast bar overhang and dual in-set sink, chrome tapware, modern flooring, and downlights.

Open-Plan Living/Dining: Modern flooring, window with plantation shutters, stacker door with full-height sheer curtain, direct alfresco access, downlights, and recessed media wall.

Secondary Lounge: Carpet underfoot, window with roller blinds and sheer curtains, ceiling fan, and downlights.

Master Suite: Light-filled proportions, large street-facing windows, roller blinds and full-height sheer curtains, ceiling fan, carpet underfoot, downlights. A generous walk-in robe, and ensuite with full-height tiling, twin vanity with underbench storage and stone top, large wall mirror, shower with wall niche and double head, towel rail, and toilet.

Secondary Bedrooms: Three light-filled bedrooms, each with built-in robes, sit within a private accommodation wing alongside the main bathroom and laundry.

Main Bathroom: Single vanity with stone top and underbench storage, wall mirror, shower with wall niche and tiled base, rail shower head, window with roller blind, and separate toilet.

Outside: Introduced with a rock frontage with low-maintenance gardens, this easy-care 420sqm (approx.) allotment features a covered alfresco with tiles and a pitched roof, before opening to a low-maintenance north-facing yard, complete with retained gardens and rockery.

Luxury Inclusions: Full laundry, an oversized double garage with internal access, gas ducted heating, custom window furnishings, ceiling fans, practical floor coverings, and downlights.

Close by Facilities: Kingston Village Shopping Centre, Bellarine Aquatic and Sports Centre, Kingston Park Playground, Surfside Primary School, Our Lady Star of the Sea School, Bellarine Secondary College, Ocean Grove Nature Reserve, Oakdene Winery, family-friendly beaches, and Geelong CBD just a short drive from home.

Ideal For: Young or growing families, first-time buyers, and investors.

**All information offered by Oslo 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 Oslo 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. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information. Photo ID must be shown at all open inspections in order to inspect the property

Listing description written by Harley Lewis, Oslo Property — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Toilets: 2

Also look at

Also for sale in Ocean Grove

  • 24 Lady Earl Cres, Ocean Grove VIC 3226

    4-bed house for sale. Currently listed.

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  • 3 Lockyer Ct, Ocean Grove VIC 3226

    4-bed house for sale. Asking $1.4M–$1.5M.

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  • 6 Feiglin Ct, Ocean Grove VIC 3226

    0-bed land for sale. Asking $900K.

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  • 112 Empress Blvd, Ocean Grove VIC 3226

    5-bed house for sale. Asking $1.18M–$1.24M.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.