Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Powell St
$1,600,000
Last sold
7 June 2023
4
Bedrooms
3
Bathrooms
3
Car spaces
400 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
$1,600,000
7 June 2023 · derived via latest_sale
Local land rate: recorded Townhouse sales in Ocean Grove (last 5 years) with land size have a median of $2,813/m² of land (n=7). 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:
Magnificent in scale, undeniable in style and quality, and privileged in its location, this brand-new family masterpiece bears all the hallmarks of sophisticated coastal living across an impressive double-storey layout. Three living areas and four bedrooms including dual master suites, offer the size and flexibility to adapt to a variety of living configurations, while ideal lock-and-leave functionality ensures the home is equally suited to weekenders as it is permanent living. Embraced in a coveted inner Ocean Grove location, it is a leisurely stroll to popular eateries and shopping, while also being just minutes from sensational surf beaches.
The Facts:
-Brand new family residence offering the coveted combination of luxury, location, and low-maintenance liveability
-Set beneath lofty ceilings, the home reveals a remarkably spacious layout designed to adapt to a host of living options
-Families will appreciate the free-flowing 4-bedroom floorplan, easy-care surrounds will appeal to holiday makers, while dual master bedrooms will suit multi-generational living
-A chic, contemporary aesthetic fuses monochrome finishes with the warmth of floating floors
-Equipped for effortless entertaining, an open-plan communal hub seamlessly connects to an undercover alfresco area
-The sleek Caesarstone kitchen flaunts a suite of quality Ilve appliances, a large WIP & a plethora of soft-close cabinetry
-Environmentally friendly solar assisted hot water
-Providing a perfect parents’ retreat, an indulgent full master bedroom suite with WIR & ensuite is privately zoned to the lower level, alongside a separate sitting room
-Upstairs, 3 further bedrooms all boast WIRs including the 2nd master suite with ensuite
-An upper-level living room complete with study zone provides ample space for children/guests to retreat
-Stone benchtops & sleek black hardware define the home’s 3 bathrooms, with luxe deep freestanding tub to the family bathroom
-A separate powder room services the lower level
-Multi Zoned Ducted heating and smart air-conditioning ensure year-round comfort
-There is ample off-street parking with a Double Lock Up Garage with pull-through access for additional secure storage of a boat or trailer
-Private landscaped rear yard includes 8000L Kingspan rainwater tank
-There is plenty of outdoor room to enjoy, with enough space to add that swimming pool you have been dreaming of
-Leave the car at home and enjoy a leisurely stroll to the thriving town centre shopping & café precinct (250m), or the playground, walking tracks, exercise facilities & markets of the community park (60m)
-Avoid the summer traffic and walk to the sand & surf of Ocean Grove beach, just 700m from your door
The Owner Loves….
“This home was designed as a sleek and sophisticated family haven, where quality inclusions, luxe finishes and exceptional living spaces enhance everyday living. Utterly private, yet nestled in the heart of town, this home has everything you could need for complete lifestyle convenience.”
*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 Zoe Le Page, Bellarine Property — reproduced as published, not verified by Districts.