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VIC › Ocean Grove › Greenview Rise

48 Greenview Rise, Ocean Grove VIC 3226

House

$1,275,000

Last sold

7 Mar 2022

5

Bedrooms

2

Bathrooms

2

Car spaces

721 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,275,000 (7 Mar 2022).(Recorded sale)
  • FactLand 721 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ocean Grove (last 5 years) with land size: median $1,795/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,275,000

7 Mar 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

See the full Ocean Grove report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,275,0007 Mar 2022
  2. Listedprice unknowncompleted19 Jan 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ocean Grove in one glance

Ocean Grove at a glance

19,129

People

No data

Median sale

$584/wk

Median rent

No data

Suburb gross yield

See the full Ocean Grove report →

Keep researching

  • Why Ocean Grove? Read the area thesis →
  • What else is on the market in Ocean Grove →
  • Other records on Greenview Rise →

Listing material

Listed by Bellarine Property

Space, style and location

The Feel:

Tucked away in the ever-popular Kingston Estate, this double storey home offers quality and comfort for the whole family. Featuring 5 BRs, all with WIRs, and 3 living rooms, the zoned floorplan is light-filled and generously proportioned. The convenience of a home office at the entry adds flexible work or study options, while the spacious kitchen flows directly onto a sensational entertaining area, extending the indoor-outdoor living. Set upon a sizeable 721sqm (approx.), yet low maintenance allotment, and within easy walking distance of local amenities, relaxed coastal living is within easy reach.

The Facts:

Read the full description

-Spacious Porter Davis family home on a generous 721sqm (approx.) allotment

-Zoned living caters to fabulous family living and entertaining

-The family-friendly layout offers 3 living areas, including a generous theatre room on the upper level

-Main living hub with open plan kitchen, living and dining, opens onto a protected rear deck

-Expansive kitchen with Caesarstone benchtops, SS appliances including 900mm gas cooktop & electric oven, dishwasher, & large WI pantry will appeal to home cooks

-Travertine flooring on the lower level extends from the entrance hall through to the rear deck, creating a consistency of flow and a natural feel

-Grand master bedroom suite on the lower level with WIR, & luxurious ensuite with freestanding tub, shower, double vanity & WC

-4 additional generously sized BRs are all located on the upper level, & feature WIRs

-Main bathroom with separate WC is located on the upper level, while a ground floor powder room is a practical addition

-The convenience of a home office at the entry adds to the flexible work & study options

-A continual flow of charcoal & earthy tones, & stone flooring creates a neutral coastal aesthetic

-23 solar panels for reduced energy consumption

-Ducted heating & cooling provides year-round climatic comfort

-Graze from your own garden with apricots, cherries, apples, prunes, quinces & lemons among the selection of mature fruit trees

-Reverse osmosis filtered water adds to the potential health benefits

-DLUG with electric roller door offers direct interior & yard access

-Plenty of room to park a caravan or boat & completely secure back yard

-Superb family location within safe walking distance to schools, sporting facilities & Marketplace Shopping Centre

-Proximity to beautiful beaches, wineries & local attractions

The Owner Loves…

“It has been designed as a multi-generational house and you could easily have three generations of families living here, especially with the master bedroom being located on the lower level. The generous proportions mean there is plenty of room for the family to come together, but it also affords a lot of personal space."

*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 Toby Lee, Bellarine Property — reproduced as published, not verified by Districts.

Property features

  • Ducted Heating
  • Ensuites: 1
  • Living Areas: 3
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.