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VIC › Ocean Grove › Powell Street West

51b Powell Street West, Ocean Grove VIC 3226

Townhouse

4

Bedrooms

2

Bathrooms

2

Car spaces

390 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 390 m²; no building size recorded.(Property record)
  • CalculationRecorded Townhouse sales in Ocean Grove (last 5 years) with land size: median $3,006/m² of land (n=8). 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

No recorded sale price for this property yet.

Local land rate: recorded Townhouse sales in Ocean Grove (last 5 years) with land size have a median of $3,006/m² of land (n=8). 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. Soldprice unknown11 Feb 2022
  2. Listedprice unknowncompleted5 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 Powell Street West →

Listing material

Listed by Bellarine Property

High performance meets high-end sophistication

The Feel:

Constructed to the highest standard and located in a highly coveted old Ocean Grove location, this brand-new home offers sustainable and luxurious coastal living at its finest. Designed over two intricate levels for those seeking space, location and quality design, this 7.6-star rated home sets the standard in energy-efficient, high-performance living. Multiple north-facing living areas, a dedicated study and 4 generous bedrooms with custom joinery contribute to the family-friendly floorplan, while the spacious kitchen has been designed with practicality at the forefront, offering Bosch appliances, stone benchtops and a wealth of smart storage options. Blackbutt timber detailing, 100% wool carpet, double-height Mount Gambier limestone feature wall and an abundance of natural light continue the understated luxury, and create a stunning connection with the outdoors. Ideally located in old Ocean Grove, the home provides easy access to local amenities.

The Facts:

Read the full description

-Brand new blackbutt timber clad home in the heart of old Ocean Grove

-7.6-star energy rating with a host of eco features

-6.6kW of solar protects against rising energy costs

-13kW Tesla Powerwall battery to store solar energy, for use in low-sunlight periods

-En pointe interiors blend relaxed natural hues with high-end finishes & quality fixtures, catering to a fresh & modern aesthetic

-Impressive entryway reveals a double-height Mount Gambier limestone feature wall, creating an instant impression

-Versatile floorplan supports single level living if required

-Open plan main kitchen, living & dining on the lower-level features burnished concrete floors & wall-to-wall full-height glazing to make the most of the north-facing aspect

-Luxurious kitchen features stone-topped island bench with blackbutt timber panelling, & Bosch appliances including microwave combination oven & pyrolytic oven, induction cooktop & fully integrated dishwasher

-Master bedroom suite offers ground floor comfort, a timber panelled feature wall creating natural warmth, & east facing orientation & energy efficient VELUX skylight creating an abundance of natural light.

-Ensuite with under-floor heating, floor-to-ceiling tiles, oversized shower, double vanity, & VELUX skylight, plus extensive WIR continue the luxe master layout

-3 additional bedrooms all with BIRs are located on the upper level, & are serviced by a central bathroom with standalone tub, oversized shower, floor-to-ceiling tiles & VELUX skylight

-2nd living area on the upper level adds to the family-friendly floorplan

-A walk-through study provides options for a home office, & features built-in desk & shelving crafted using timber from the site's former shed

-Separate powder rooms on each level are additional considered details

-A generous laundry comes equipped with Bosch washing machine & dryer, with 8-star energy rating

-High-end finishes throughout include blackbutt timber detailing, 100% wool carpets in bedrooms, & stone benchtops to all wet areas

-Fully-automated features include internal & external lighting, heating & cooling, irrigation, security cameras, garage door & gate

-4000L water tank to service the low-maintenance garden

-Heating & cooling is via a bulkhead system to main living room, & reverse cycle to bedrooms & upstairs living

-Heat pump hot water system continues the energy efficiency

-DLUG with electric roller door is car charger ready, ensuring you can 'fuel' your electric vehicle at home

-Interior design by Pip Interiors & landscaping by Coast 2 Nature continue the expert touches

-Custom joinery throughout uses space to advantage

-Solid & semi-solid timber doors throughout complement the contemporary aesthetic

-Rear north-facing courtyard and garden has direct access to the main living hub, and provides space for relaxing or entertaining

-Enviable location with all of Ocean Grove's assets just a short walk or bike ride away

The Owner Loves….

“You can’t beat this amazing central location, with all Ocean Grove has to offer just a short walk away. The sustainable, elegant design, combined with full indoor and outdoor automation, will make living in this home a dream. And who doesn’t love not paying any energy bills?”

*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 Andrew Kibbis, Bellarine Property — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Intercom
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Shed
  • Solar Panels
  • Toilets: 3

Also look at

Also for sale in Ocean Grove

  • 127 Powell Street East, Ocean Grove VIC 3226

    4-bed house. Asking $1.6M–$1.7M.

    For sale
  • 27 Powell Street West, Ocean Grove VIC 3226

    3-bed house for sale. Asking $1.07M–$1.15M.

    For sale
  • U4, 58 Powell Street West, Ocean Grove VIC 3226

    2-bed unit. Asking $600K–$640K.

    For sale
  • 54 Powell Street West, Ocean Grove VIC 3226

    3-bed house for sale. Asking $1.18M–$1.25M.

    For sale
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.