Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Alfred Ct
$3,400,000–$3,600,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
3,638 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
Asking
$3,400,000–$3,600,000
Asking range · $935/m² of land
No recorded sale for this property.
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
Based on the low end of the asking range, not a contract price.
$208,314 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Ocean Grove's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 0.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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:
A beautifully conceived family home of exceptional scale and quality, this one-of-a-kind residence delivers resort-style luxury while basking in breath-taking sunset views across the undulating rural landscape. From its sweeping single level design and state-of-the-art appointments to its sparkling in ground pool, deluxe hot tub, and year-round alfresco entertainer’s pavilion, no detail has been overlooked in creating the ultimate family sanctuary. Nestled on 3,638sqm (approx.) of architecturally landscaped grounds inside the exclusive Yellow Gums Estate, this sublime four-bedroom-plus-office residence offers a lifestyle of unrivalled comfort, sophistication, and seclusion in one of the Bellarine’s most prestigious settings.
The Facts:
-Exquisite custom home, set across 3,638sqm (approx.) within the exclusive Yellow Gums Estate
-North-to-rear site borders a nature reserve & offers sweeping views over the surrounding landscape
-Conceived as the ultimate in-outdoor lifestyle haven, with pool, spa, basketball court & firepit
-A horseshoe drive weaves through architecturally landscaped coastal gardens, setting a quality tone from the outset
-Once inside, the grand proportions unfold, highlighting high square-set ceilings & micro cement flooring
-Beneath a soaring 5m pitched ceiling, open-plan living delivers an impressive sense of scale, light & comfort
-The clean, minimalist forms are counterbalanced with the organic warmth of full-height Santorini stone detail & 2m-long gas log fire
-At the heart of the home, the statement stone kitchen has been crafted with both form and function in mind, showcasing premium finishes and thoughtful design for effortless entertaining. A generous butler’s pantry and oversized breakfast bar anchor the space, while a suite of high-end Bosch appliances elevates the culinary experience.
-Quality appliances include double Bosch wall ovens, an induction cooktop, integrated dishwasher drawers, a Bosch inbuilt coffee machine, and a Bosch warming drawer, allowing meals to be kept perfectly warm while entertaining or enjoying relaxed family dining. The result is a kitchen that is as luxurious as it is practical designed to support both everyday living and refined hosting.
-Through a full wall of glazing, the space extends out to a full-width alfresco terrace for sublime indoor-outdoor enjoyment
-A built-in BBQ & Polito wood fire pizza oven enhance the entertainer’s appeal while a rain-sensor Vergola & pull-down blinds enable year-round hosting
-The outdoor allure continues with resort style grounds, with a solar-heated pool as the sparkling centrepiece
-When it’s time to unwind, take a soak in the deluxe hot tub, or kick back around the fire pit with as golden sunsets paint the horizon
-The young, and the young at heart, will relish hours of play on the dedicated basketball court
-Pampered parents enjoy a wing unto themselves, the main bedroom featuring a 5m high pitched ceiling & north-facing window seat
-A fitted WIR includes handy pull-down racks while the sky-lit ensuite indulges with twin vanity & double shower
-Ideal for the work-from-home professional, a home office is fitted with a bespoke blackbutt desk & extensive storage
-Three more bedrooms are housed in the junior wing, where a spacious rumpus room provides welcome separation for growing families
-The family bathroom replicates the high-quality finish of the ensuite, with full-height tiling & custom blackbutt vanity
-A huge 18.7kW solar electricity system reinforces the home’s commitment to sustainability & long term cost efficiency
-Seasonal comfort is assured with multi-zoned ducted split system heating & cooling
-An oversized DLUG incorporates handy storage space
-There’s also a 7.5m x 5.5m shed with mezzanine storage – perfect for the tradie or business operator
-Extras: powder room, feature Hermon & Hermon lighting, double glazed windows & doors, keyless entry, security cameras
-Enjoy a wonderful sense of peace & seclusion while remaining well connected to beaches, local schools, shopping & dining
-Easy access to Wallington Road enables a seamless commute to Geelong & onwards to Melbourne CBD
The Owner Loves….
“Our home has been designed with love, with every detail thoughtfully considered. It has been our coastal sanctuary and private retreat where relaxed living meets effortless enjoyment. From sun-filled days by the pool to evenings around the fire pit, and countless backyard moments spent on the basketball court, cricket, and soccer games, this home has been all about lifestyle. For the past few years, it has been our sanctuary, and we know the next owners will feel the warmth and care that has gone into every part of this home.”
Inspection by appointment only
*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 inquiries 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.