Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Cheviot Tce
$1,445,000–$1,525,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
587.8 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
Asking
$1,445,000–$1,525,000
Asking range · $2,458/m² of land
No recorded sale for this property.
Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$86,661 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Ocean Grove's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Ocean X PropertyPositioned in a quiet and well-connected pocket of Ocean Grove, this home delivers space, flexibility and a lifestyle that’s easy to settle into from day one. From the moment you arrive, the scale of the home becomes clear — multiple living zones, generous proportions and a layout designed to handle growing families, entertaining and everyday life with ease.
At the heart of the home, the kitchen, dining and main living zone connects seamlessly through to outdoor entertaining, where a heated saltwater pool and spa create a private setting to relax or host. A separate media room with surround sound offers a dedicated space to unwind, while additional living zones and a fully set-up office with built-in desks, storage and lighting provide flexibility for working from home or managing busy households. Four oversized bedrooms ensure comfort across the board, including a master suite with ensuite, while a second bedroom offers direct bathroom access, creating a semi-ensuite option ideal for guests or extended family. The combination of multiple living areas, strong energy efficiency and a well-considered layout allows the home to adapt easily as needs change over time.
Key Features
Open-plan kitchen, living and dining zone connecting to outdoor entertaining
Kitchen with 40mm Caesarstone benchtops and waterfall edge
Heated saltwater pool and spa with pool equipment included
Multiple living zones including dedicated media room with surround sound
Separate home office with built-in desks, storage and lighting
Four oversized bedrooms with flexible family layout
Second bedroom with semi-ensuite access to main bathroom
Central heating and cooling with zoned control
Fireplace and ceiling fans throughout
Two outdoor alfresco areas for entertaining and everyday use
Approx. 588m² low-maintenance allotment
Double garage with internal access
14.5kW solar system with 24kW battery storage
NBN fibre to the premises connected
A Lifestyle Location
Located close to Kingston Village Shopping Centre, cafés, gym and everyday amenities, this address offers both convenience and connection. Ocean Grove’s beaches are just minutes away, while the wider Bellarine Peninsula — including local wineries and coastal walking tracks — is within easy reach. Set within a quiet, community-focused area, this is a location that continues to appeal for its balance of lifestyle and accessibility.
Proudly presented by Chris Schumann | Ocean X Property to the Ocean Grove market.
Find your place with Ocean X Property.
Disclaimer: Whilst every effort has been made to ensure the accuracy of the information provided, the details are offered in good faith and should not be relied upon as a substitute for legal or financial advice. Purchasers are advised to refer to the Section 32 (Vendor Statement) and conduct their own due diligence before making any decisions.
Property Code: 35
Listing description written by Chris Schumann, Ocean X Property — reproduced as published, not verified by Districts.