Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Empress Blvd
$995,000
Last sold
2 Dec 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
560 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
$995,000
2 Dec 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 scheme
ZN
Zone
COMMERCIAL 1 ZONE
C1Z
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.
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
VICZoned COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 813 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 813 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 40. 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.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 813 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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?
KnownlowOfficial parcel about 813 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 40. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
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 PropertyThe Feel:
Prioritising a seamless indoor/outdoor lifestyle with family functionality at its heart, this 4-bedroom home is a superb option for those looking for space and contemporary style perfectly balanced with sensational alfresco entertaining. Wonderfully located in a dynamic family-friendly estate, this appealing home is close to green spaces, sporting facilities and parkland, and is just a short drive from beaches, shopping centres and schools. With nothing left to do, this low-maintenance property will offer broad appeal to families, savvy starters, and astute investors – don’t delay!
The Facts:
-Contemporary family home combining spacious & sophisticated living spaces with a low-maintenance entertainers’ layout
-The home enjoys a prime position in the vibrant Oakdene Estate, with a spacious park & playground directly opposite
-Surprisingly spacious dimensions include 4-bedrooms, 2-bathrooms & dual living zones across a cleverly zoned floorplan
-Interiors effortlessly spill out to an undercover alfresco zone that is equipped for the serious entertainer
-Wide entrance hall introduces the modern aesthetic, where sleek monochrome finishes are complemented by the warmth of floating floors
-Impressive open plan kitchen, living & dining zone is a spacious family hub, defined by quality inclusions & high ceilings
-Kitchen features large breakfast island bench, stone benchtops & a full suite of SS appliances including 900mm oven/cooktop
-Adjoining dining space with built-in cabinetry – ideal for a bar set-up or feature display
-Double sliding doors access the wraparound deck & outdoor living zone, where alfresco blinds & wood burning fire facilitate year-round enjoyment. Outdoor kitchen (sink, BBQ) + bar fridge enable easy entertaining
-After dark, retreat to the fire pit with built-in seating for night-time star gazing
-Zoned sleeping includes spacious master with WIR & ensuite
-Separate children’s wing with 3 additional bedrooms (BIRs), family bathroom & 2nd living space
-6KW of solar power roof panels
-Evaporative cooling & ducted heating achieves year-round climate control
-Ample off-street parking includes DLUG with remote door & rear access
-Palm trees provide a beachy feel to the low maintenance rear yard, where a kids’ cubby house & garden shedding are among the inclusions
-Delight in the natural surroundings of the nearby Ocean Grove Nature Reserve
-Exceptional family location is close to schools, sporting facilities & shopping amenities
-Lifestyle is all part of the package with picturesque surf beaches, town centre & wineries all just minutes away
The Owner Loves….
“This is a fantastic home with a palpable sense of space and modern style. We love how the interiors spill seamlessly to the outdoor living zone, where we can relax by the fire pit, entertain a crowd, or unwind in cosy comfort beside the built-in fireplace. It is perfectly set-up for year-round enjoyment.”
*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.