Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Wallington Rd
4
Bedrooms
2
Bathrooms
2
Car spaces
504 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Ocean Grove (last 5 years) with land size have a median of $1,792/m² of land (n=75). 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:
Situated in the premium 'Golden Triangle' between the Barwon River, Town Centre and Surf Beach, this home is perfectly sited for a relaxed coastal lifestyle or potentially lucrative holiday investment. With holiday rental returns estimated at 60k+ per annum, this beautifully crafted home provides a rare oppurtunity for those looking to enjoy a flexible lifestyle while still generating income. Designed to be secure, quiet and private whilst making the utmost of this incredibly central location, this home must be inspected to be fully appreciated.
The Facts:
-Lucrative holiday investment situated less than 300m (approx) to the Barwon River.
-Under 200m (approx.) to Ocean Grove Golf Course
-300m (approx.) to the boat ramp
-Under 1 km to the surf beach & town centre shopping and dining precinct
-Contemporary coastal theme boasts fresh white interiors for an enviable seaside aesthetic
-Timber accents are a warm addition to the interior design, from floors to custom cabinetry
-Open plan kitchen, dining & main living area, with gas log fire & direct access to covered alfresco
-Show stopping kitchen with Caesarstone benchtops & soft close cabinetry
-Quality s/s app’s for style & function include dual Miele ovens, induction cooktop & DW
-Commodious butler’s pantry provides an organised, practical & concealed workspace
-2nd living room with custom cabinetry display shelves & wet bar with stone benchtop
-3rd living room upstairs offers zoned relaxation space, w’ built-in home office
-4 spacious bedrooms with WIR’s & plantation shutters exude calm atmosphere
-Breathtaking ‘resort-style’ master with sitting area, luxury ensuite (incl bath) & private balcony
-Family bathroom features freestanding bath, large shower & separate powder room
-Zoned central heating/refrigerated throughout provides comfort in all seasons
-Outdoor built-in kitchen with sink, BBQ, drinks fridge – all under cover + RC all-weather blinds!
-Sunny piazza-inspired courtyard with pergola overlooks lawn & olive trees on boundary
-Established garden includes blood orange, lime, plum, lemon, passionfruit & more...
-3,100ltr water tank plumbed to toilets (can be hooked up to gardens in future)
-6-star rating, DG windows, superior insulation & acoustic soundproofing reduces noise transfer
-Instant electric hot water, fed by 2 solar panels
-Dorani video intercom system for home security, app-monitored
-Wired for surround sound speakers & Foxtel in future
-Double lock-up garage, with internal door & pedestrian access to rear yard
The Owner Loves….
“This location offers so much convenience; we can easily stroll to the main street shops within minutes for a coffee or shopping, or head to the river without the need for the car.”
*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 Ben Roberts, Bellarine Property — reproduced as published, not verified by Districts.