Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › The Tce
$3,800,000
Last sold
28 Jan 2022
4
Bedrooms
3
Bathrooms
2
Car spaces
709 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
$3,800,000
28 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Ocean Grove (last 5 years) with land size have a median of $1,790/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:
From the moment you set foot here, you become aware of a feeling of connection: Connection through expansive glazing to the iconic Barwon Heads Bluff and sweep of the Barwon River; immediate connection to the privileges offered by location, with The Terrace shopping village within steps and the beach and river close by; and connection between the indoors and outdoors brought alive by the clever design which provides sunlit entertaining zones, breezeways and a sense that everyone has their own space, without the home losing its intimacy. Magnificently constructed by VDB Homes and designed by its owners, 59 The Terrace is a true work of art.
The Facts:
-3 year-old home featured in ‘Adore’ Magazine
-Dramatic exteriors pair white venetian render and crisp white brick with charred black cladding
-Interiors draw on a soft, modern coastal palette with feature V-groove panelling, soft greys and natural tones found in carpet, cabinetry, and the European oak timber floorboards
-Vast elevated ocean, bluff and river views create the backdrop to the living/dining/kitchen hub
-Living & kitchen links through glass to both water views and sundrenched sunken courtyard
-Oversized skylights draw light into this hub
-Living room complete with Oblica fireplace
-Kitchen designed for ease of use and effortless entertaining
-Features include FP apps comprising, 900mm induction cooktop, twin 600mm self-cleaning double ovens, integrated fridge, 3x single drawer dishwashers, butlers p’try, Ziptap Hydro tap hot/cold & sparkling.
-Pristine & durable Neolith Stone splashback and benchtop
-Sunken courtyard with motorised awning and built-in outdoor kitchen, complete with BBQ and bar-fridge
-Master zone unfolds through a stylish and pared-back en suite with double vanities and rain shower to a fully-fitted dressing room
-Beds 2 & 3 offer spacious layouts and BIRs
-North-facing lounge provides a peaceful seating space, with views out to the easy-care arid-style garden
-Custom cabinetry to light-filled study zone
-Sunny garden with outdoor fireplace, custom cubby & lawn
-Downstairs, 4th bed complete with BIR & en suite, is privately situated for guests.
-Energy efficient features include doubled glazed thermal glass throughout
-Daikin Ducted heating & cooling system maintains comfort throughout
-Security system & keypad entry
-Oversized double garage with additional parking in the driveway for 4 cars
The Owner Loves….
“The location is second-to-none and we have enjoyed the benefits of having the shopping village literally steps from our home. We also love the links to the outdoors- through the view, the landscaping and through the breezeways. It’s been a perfect coastal family home for us.”
*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.