Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Orton St
$1,172,000
Last sold
19 June 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
408 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
$1,172,000
19 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Ocean Grove (last 5 years) with land size have a median of $1,790/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 5
NRZ5
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.
The official layer maps a flood zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 5 · NRZ5 (ZN). Official parcel area about 404 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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.
99.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 16; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 7; PROTECTED SETTLEMENT BOUNDARY; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2. 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. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
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
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
The listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 16; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 7; PROTECTED SETTLEMENT BOUNDARY; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 5 · NRZ5 (ZN). Official parcel area about 404 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 16; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 7; PROTECTED SETTLEMENT BOUNDARY; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
Knownmedium99.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 2. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
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 PropertyContact agent to inspect
The Feel:
Spectacularly situated just 50m from the river’s edge, this delightfully updated beach house with self-contained studio speaks to long, lazy days by the ocean and a permanent holiday lifestyle. Combining bohemian charm with the most idyllic of settings, the quaint home is an ideal option for laidback everyday living, a picture-perfect weekender, or sensational investment opportunity- currently operating as an airbnb with good returns. Unwind, recharge, and breathe in the fresh sea air, enjoy fishing, boating, and beautiful walks along the river, stunning sunsets, or indulge surfing at Ocean Grove main beach, also just a hop, skip and a jump from your door.
The Facts:
-A rare opportunity to secure a prime position so close to the water, in one of Ocean Grove’s most exclusive streets
-Delightfully updated 3-bedroom beach house with detached self-contained studio, defined by its boho character & premium river-side location
-Set on a neat 408sqm (approx.) allotment, the home is just 50m to the river’s edge and a 600m stroll to the surf & sand of Ocean Grove Main Beach
-Currently operated as a successful short-term rental, the property comes with an established history of investment returns, providing outstanding potential for a lucrative 2nd income
-Delight in Insta-worthy sunsets over the water from you elevated verandah, as you relax with a drink in hand or enjoy alfresco dining with friends
-Laden with charm, interiors include feature wall panelling, warm timber accents, pitched ceilings and a characterful nostalgic design
-The neat layout is centred around an open-plan living, kitchen & meals area, with sliding door access to the decked entertaining space
-A Masport radiant fire place provides warmth & a calming ambience, with split system heating & cooling enhancing the seasonal acclimation
-Updated kitchen with stone benchtops & Bosch appliances (electric oven, 4-burner gas cooktop & dishwasher) add to the instant liveability
-All 3 bedrooms come with BIRs, including the master with ensuite
-Combined bathroom/laundry makes excellent use of space & includes shower, stone benchtops with farmhouse sink, WC & outdoor access
- Instant/never ending hot water service
-Separate self-contained office/studio with bathroom and kitchenette
-Secure parking for vehicles & the boat behind a high automated gate, plus garden shed for storing the beach toys
-Level low-maintenance yard with designated fire pit offers another space to gather with family & friends
-After a day by the water, rinse off the sand & salt under the outdoor shower
-This sensational setting is the perfect starting point to explore the region’s world-class beaches & award-winning wineries and restaurants
-Proximity to Wallington Rd also offers a seamless commute to Geelong
The Owner Loves….
“There is nothing more magical than sitting out on the deck and being captivated by the most spectacular sunsets over the river. It’s a perfect place to unwind and embrace a truly relaxed pace of life.”
*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 Andrew Kibbis, Bellarine Property — reproduced as published, not verified by Districts.