Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Mallaluka Ave
$1,780,000
Last sold
12 Oct 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
697 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
$1,780,000
12 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Ocean Grove (last 5 years) with land size have a median of $1,790/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
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:
Unforgettable river views will mesmerise you daily, as your gaze follows the meandering waterway to distant silhouettes and spectacular sunsets. The nightscape reveals sparkling city lights, and filtered views to the Barwon Heads bridge and bluff through neighbouring gum trees. Built to exacting standards and Modern exterior cladding is complemented by interiors defined by polished concrete floors and warm timber accents, this luxurious 4 bed, 2 bath home is elevated to follow the land contours, with split level living and soaring raked ceilings adding dynamic appeal. 3mins walk to the river, lake and local cafes, this family home in a quiet leafy lane equates to far more than a home with an incredible view: This is an incredible way of life.
The Facts:
-Impressive family home boasts every necessary comfort & luxury
-Located in one of old Grove’s secluded leafy lanes, in coveted river/lake precinct
-Contemporary exterior with rendered brick, linear boards & timber accents
-Enduring interior colour palette & Tassie Oak floors for modern coastal aesthetic
-Split level floor plan offers plethora of space for entertainment & relaxation
-High ceilings & extensive glazing flood the home with natural light
-Curl up in front of the fire & watch the sun set over the river
-Well-considered floorplan comprises dual living areas & a generous dining zone
-Sliding doors flow to covered deck, creating a private indoor-outdoor room with water views
-Kitchen boasts Caesarstone benchtops, overhead cabinetry, soft close drawers & WIP
-Premium appliances Bellisimo dual wall ovens, gas hob, DW
-Large master retreat with WIR, double rainfall shower & twin vanity ensuite
-3 further bedrooms (or versatile study) with BIRs & ceiling fans
-Sanctuary-style family bathroom with deep inset bath, rainfall shower & WC
-Separate guest powder room located close to entertaining area
-Mod cons incl: solar, gas log fire, central heating, split system heating-cooling
-Commercial grade glass sliding doors, double-glazed throughout
-Easy care allotment: landscaped, fenced yard, synthetic turf, sealed paths
-DLUG with space for w/shop or additional storage + garden shed for the tools
-Leisurely walk to primary school, cafes, golf course, river and Blue Water’s Lake
The Owner Loves…
“There’s no better place to be as the sun goes down, than perched up here on our deck in the treeline. The sunsets are spectacular, the changing tides alter the landscape all day, everyday, and we can see the NYE fireworks at the Bluff.”
*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.
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