Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Fraser Cres
$1,270,000
Last sold
15 Sept 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
613 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
$1,270,000
15 Sept 2021 · 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 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:
Elevated aspects and close proximity to Blue Waters Lake and surrounding parkland are yours to enjoy from this beautifully presented home. Situated on a freshly landscaped elevated allotment on Fraser Crescent, you will be spoilt for choice for places to relax and entertain, both inside and out. High raked ceilings amplify the sense of space on the ground floor, with split level living creating distinctive and versatile zones for work and play. Direct flow to a sunny and protected outdoor zone with spa leads to a fabulous sunset bar, BBQ area and fire pit. This exceptional property also features a double garage, off-street parking for 2 cars, plus additional caravan/trailer parking.
The Facts:
-Popular lake precinct with elevated picturesque position overlooking the treetops
-4 bedroom plus study, 2 bathroom, 3 living home on 613sqm (approx.) allotment
-Landscaped gardens & outdoor zones provide countless places to sit & enjoy the serenity
-Raised ceilings & highlight windows invite abundant natural light into this impressive home
-Kitchen/meals area features bamboo flooring & direct flow to new merbau north deck/paved courtyard
-8-seater spa, new sunset bar & fire pit zone add further appeal to entertainer’s paradise
-Large kitchen offers ample storage & breakfast bar for informal meals
-Electrolux oven, gas cooktop, Bosch dishwasher
-MyAir app- controlled climate control with 7 zones for year-round climate comfort
-Combustion woodfire to main living hub provides incredible heating & ambience
-Large master BR with fully fitted BIR & freshly painted ensuite
-2nd bed with BIR downstairs, 3rd & 4th bedrooms with BIR's upstairs with living space/rumpus
-Family bathroom with bath, shower, vanity & separate WC
-Capacity to set up your home office/work room/hobby room in the space of your choice
-Convenient under-house storage for firewood & equipment
-Double garage for vehicle/surfboard/equipment + mezzanine floor storage
-OSP for 2 cars plus additional caravan/trailer parking
-Raised vegie boxes, lilly pilly’s, hedging varieties & fresh new space for your own additions in easy care garden
-12 solar panels offset energy consumption
-A few mins drive from bustling retail hub, schools, sports facilities & beautiful surf beaches
The Owner Loves…
“We love nothing more than hosting the whole family here for Christmas and family celebrations. The house is at its best when it’s full of people, as there are so many places to entertain, inside or out.”
*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 enquiries 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.