Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Cremona St
$1,050,000–$1,125,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
690 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
$1,050,000–$1,125,000
Asking range · $1,522/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
Based on the low end of the asking range, not a contract price.
$64,011 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.
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.
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 2.9%. 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 PropertyThe Feel:
Designed for effortless family living and indoor-outdoor entertaining, this beautifully finished four-bedroom home delivers space, style, and versatility in equal measure. High ceilings and quality finishes set the tone throughout, with three distinct living zones offering room for everyone to spread out, and a sleek stone kitchen anchoring the heart of the home. The main bedroom is a true retreat, complete with its own private ensuite, while sliding stacker doors open onto a huge alfresco deck – the perfect spot for large-scale hosting or simply soaking up the sun. Outside, gated side access provides the rare bonus of secure boat or caravan storage, adding everyday practicality to a home that already has it all.
The Facts:
-Impressive family home combining spacious indoor & outdoor dimensions with quality finishes throughout
-Single-level layout situated across a generous 690sqm (approx.) allotment
-Four bedrooms & 3 living areas provide room for the whole family to spread out & relax
-High 2.7m ceilings & raised doors enhance the sense of space & light throughout
-Open-plan family domain forms the central hub, awash in glorious northern sunshine
-Sliding stacker doors extend to a vast alfresco deck, with open-air & undercover zones for all-season enjoyment
-Island kitchen, well-appointed with stone benchtops, 900mm cooking & Bosch d/w
-A privately zoned sitting room invites quiet downtime, while a rumpus room in the junior wing affords kids their own space
-Spacious main bedroom offers both comfort & calm, equipped with a WIR & ensuite
-Three minor bedrooms (all with mirrored BIRs) are grouped alongside the family bathroom & separate WC
-Ducted heating & refrigerated cooling ensure year-round comfort
-Grassy backyard with ample space for kids & pets to run freely, plus a fire-pit area for relaxing under the stars
-Abundant off-street parking includes a DLUG + gated side access for secure boat/caravan storage
-Stone finishes to both bathrooms & floating timber floors add to the sense of quality & style
-Easy walking distance to parks & playgrounds, and just a 3min drive to Kingston Village amenities
-Northern location within the Oakdene Estate offers proximity to the Bellarine Hwy, for an easy CBD commute
The Owner Loves….
“We love how light and open the whole home feels – there's such a lovely sense of space throughout. It's genuinely easy to live in, and it's been the perfect home for our family to relax and grow into.”
*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 Nicci O’Halloran, Bellarine Property — reproduced as published, not verified by Districts.