Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Sunset Strip
$880,000
Last sold
27 Apr 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
589 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
Last sold
$880,000
27 Apr 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 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.
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.
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:
Evoking feelings of joyous family get-togethers and memorable summers by the water, this original weatherboard home delivers classic beach house charm in a premium Ocean Grove location. The charming 3-bedroom coastal retreat is an enviable lifestyle offering, so close to beaches and amenities, delivering a character-filled home for weekenders or permanent living. An updated kitchen, living & meals area makes the most of its easterly outlook, while key features include hardwood timber floors, original sash windows and high ceilings. A second living area opens to the split-level back yard, where an entertaining area with brick fireplace and pizza oven continues the options for relaxed gatherings and endless fun.
The Facts:
-Original, character-filled single level beach house in superb Ocean Grove location
-Open-plan kitchen, dining & meals area is a light filled hub of the home
-Updated kitchen with generous bench space, electric oven, gas cooktop & dishwasher
-2nd living area is separately located at the rear of the home, for privacy and family liveability
-3 well-sized BRs, all feature BIRs
-Hardwood timber floors, original sash windows and high ceilings add to the character
-The original charm is continued in the family bathroom, where you’ll find a bath, shower & single vanity, & separate WC
-Wood fire provides a cosy ambience in the cooler months, while living room and bedrooms have ceiling fans
-The securely fenced & sun-soaked back yard continues the options for easy entertaining
-Enjoy meals straight from your pizza oven, while you relax beside your outdoor fireplace or gather on the rear deck with family and friends
-Split-level yard with generous lawned area, plus garden shed & raised garden beds
-Beachgoers will appreciate the outdoor shower after a day in the surf
-Single carport plus additional in-line parking for off-street vehicle storage
-Sought-after location is within easy walking distance of Ocean Grove Market Place, corner store, schools & sporting facilities
-1.5km to world-class surf beach, & dog beach
The Owner Loves….
“The location is hard to beat – it’s between the beach and the shops, and it’s even an easy walk through the back streets to get to the town centre. When we aren’t at the beach, we love the outdoor fireplace and the split-level back yard, that really lends itself to a range of different activities, all year round.”
*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 Zoe Le Page, Bellarine Property — reproduced as published, not verified by Districts.