Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Wyrallah St
$1,200,000–$1,260,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
930 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
$1,200,000–$1,260,000
Asking range · $1,290/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.
$72,612 on top of the price (6.1% 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 2.5%. 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 Oslo PropertyDefined:
Framed by its grand 929sqm (approx.) setting, this refined four-bedroom + study residence embodies a luxurious blend of coastal calm and contemporary sophistication. Stepping inside, warm Tassie Oak floors and a beautifully considered layout reveal multiple living spaces, a designer stone-finished kitchen with expansive walk-in pantry, and seamless flow to an elegant alfresco retreat, crafted for effortless year-round entertaining.
Private zones throughout the hosue, a serene front lounge, and a generous rumpus elevate the sense of space, while the vast rear garden offers rare luxury, with room for glamorous outdoor additions or a future pool (STCA). An oversized garage with extended-height entry and rear roller access enhances both convenience and prestige. Perfectly positioned near Ocean Grove’s finest schools, parklands, shopping and beaches, this home delivers a lifestyle of modern elegance with room to thrive.
Considered:
Kitchen: Stone island benchtops, premium appliances including gas cooktop and electric oven, double sink, abundant cabinetry with sleek black hardware, subway tile splashback, dishwasher, generous walk-in pantry, overhead cupboards, LED lighting, and views across the alfresco and garden.
Open Plan Living/Dining: Tassie Oak timber floors, large windows delivering abundant natural light, sliding doors connecting to the alfresco, ducted zoned heating and cooling, LED downlights, expansive dining space, and a spacious family living zone perfect for gatherings.
Front Lounge: Carpet underfoot, large statement window, soft natural light, ideal as a formal sitting room or peaceful retreat separate from the main living zones.
Rumpus / Third Living Zone: Generous proportions, sliding door access to the alfresco, carpeted comfort, perfect as a kids’ retreat, games room, or second entertaining space.
Study: Dedicated workspace positioned for privacy, carpet underfoot, ample room for desks and storage—ideal for working from home or quiet study.
Main Bedroom: King-sized bedroom with dual walk-in robes, carpet underfoot, large windows with soft diffused light, and a modern ensuite with oversized shower, vanity with underbench storage, tiled niche, quality tapware, and toilet.
Additional Bedrooms: Three well-sized bedrooms within a separate accommodation wing, each with built-in or walk-in robes, carpet underfoot, and easy access to the rumpus and family bathroom—ideal for children or guests.
Main Bathroom: Deep built-in bathtub, large shower with tiled niche, modern vanity with storage, contemporary tiling, and separate toilet for convenience.
Laundry: Built-in joinery, generous bench space, external access, and walk-through connection to the garage and storage zones.
Outside: Expansive 929sqm (approx.) block with a wide lawn suitable for kids and pets, covered alfresco with ceiling fans and natural gas BBQ connection, landscaped front gardens, full fencing, and a vast backyard offering scope for future additions including pool, shed, or studio (STCA). Oversized double garage with extended-height door and rear roller access for boats, trailers, or caravans.
Luxury Inclusions: Tassie Oak flooring, double-glazed windows, zoned ducted split heating and cooling, multiple living zones, ceiling fans to alfresco, natural gas BBQ connection, expansive storage, dedicated study, oversized garage, premium kitchen finishes, practical family zoning.
Close by Facilities: Ocean Grove Primary School, Surfside Primary School, Our Lady Star of the Sea, Bellarine Secondary College, St Ignatius College, Kingston Village Shopping Centre, Devlins Road Reserve, sporting facilities, parks, walking tracks, and Ocean Grove’s iconic surf beaches.
Ideal For: Families seeking space and versatility, upsizers, entertainers, and buyers needing secure storage for recreational vehicles.
All information offered by Oslo 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 Oslo 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. Oslo 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 Harley Lewis, Oslo Property — reproduced as published, not verified by Districts.