Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Raven Cl
$1,500,000
Last sold
22 Apr 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
417 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
$1,500,000
22 Apr 2022 · derived via latest_sale
Local land rate: recorded Townhouse sales in Ocean Grove (last 5 years) with land size have a median of $2,813/m² of land (n=7). 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 4
NRZ4
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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 · NRZ4 (ZN). Official parcel area about 418 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. The listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 15; PROTECTED SETTLEMENT BOUNDARY. 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 · NRZ4 (ZN). Official parcel area about 418 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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 15; PROTECTED SETTLEMENT BOUNDARY. 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:
Nestled into its leafy surrounds, at the end of a sought-after central Old Ocean Grove court location, this 4–5 bedroom home offers a peaceful retreat for families or holiday makers. Cleverly designed to make the most of its north orientation, spacious interiors open onto expansive undercover deck and generous back yard, ensuring year-round relaxation and easy entertainment. So close to all main attractions and amenities, yet so tranquil, this contemporary property proves you really can have it all!
The Facts:
-Light-filled double-storey family home in a highly sought-after Ocean Grove location
-Cleverly designed to maximise space, the property combines expansive interiors with generous outdoor entertaining, all of which capitalise on a sunny north aspect
-A feature entry way makes a stylish first impression & sets the tone for contemporary coastal living
-Sensational open-plan kitchen, dining & meals space is the focal point of the lower level, its generous proportions creating a light & airy feel
-Impressive kitchen features stone benchtops, 900mm oven & gas cooktop, dishwasher & WIP, while window splashback offers a green outlook. Breakfast bar seating provides additional option for informal meals
-Glass sliding doors open onto the undercover silver top Ash deck, creating a seamless indoor-outdoor flow for easy entertaining or relaxation
-Upper level is dedicated to family relaxation & includes 4 generous BRs, while a 2nd living area is an ideal teenager’s retreat
-Master suite features walk-through robe & ensuite with double vanity, oversized shower, & separate WC. A private balcony provides a relaxed space to watch the sun set over the leafy surrounds towards the Barwon River
-3 additional BRs all feature mirrored BIRs & are serviced by main bathroom with bath, vanity, shower, & separate WC
-Sound-proof doors open to reveal home office, which has capability to serve as 5th bedroom
-Powder room to lower level
-Ducted heating & cooling provide year-round climatic comfort
-DLUG with electric roller door & internal access
-Abundance of storage options including vast under-stairs cupboards
-Additional features: double glazed windows & high ceilings to lower level, timber flooring, custom shelving, oversized doors, solar hot water, 2200L water tank & garden watering system
-Low maintenance gardens include 100sqm (approx.) of north-facing lawn
-Superb family location at the top end of a quiet, no-through traffic street
-Just minutes to Ocean Grove’s main amenities including vibrant retail & dining hub, & primary school
-Lifestyle options are all part of the package with world-class surf beach (2km) Blue Water Lake (1km), & Barwon River (1.5km) all within easy walking or riding distance
The Owner Loves….
“We love the outdoor living; the back deck gets a lot of use, especially during the day, and at night we often sit out on the upstairs balcony as the sun sets over the Barwon River. It’s the most tranquil and relaxing place to be.”
*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 Toby Lee, Bellarine Property — reproduced as published, not verified by Districts.