Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Dare St
$2,400,000–$2,600,000
For sale
Asking range
4
Bedrooms
3
Bathrooms
4
Car spaces
736 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
$2,400,000–$2,600,000
Asking range · $3,261/m² of land
No recorded sale for this property.
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.
$143,314 on top of the price (6.0% 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 1.3%. 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:
Drawing inspiration from Mediterranean architecture and grounded in its Australian coastal landscape, this expansive family home offers refined, grand-scale living, set against sweeping river, estuary and ocean views. Held by meticulous original owners for almost 25 years, the home unfolds across 2 levels, where 4 bedrooms, 3 bathrooms and a trio of living zones accommodate families and guests with ease. Perfect for those seeking their own la dolce vita – whether as a permanent sanctuary or a holiday escape – it’s scale and position make hosting a joy, with dual street crossovers providing abundant off-street parking for extended family and visitors. Set on a north-to-rear 738sqm (approx.) block, this tightly-held treasure is positioned to perfection, just one street back from the shopping and dining of The Terrace and a leisurely 300m stroll to the beach.
The Facts:
-Expansive family home, custom designed & solidly built
-Cherished & immaculately cared for by its original owners for over 2 decades
-Distinguished by Mediterranean-inspired architecture, grand proportions & picturesque coastal views
-Beyond the rendered brick façade, a double-height void introduces the interiors
-A choice of formal & casual living & dining zones gives families room to spread out
-Set to the rear, a vast open-plan living/meals domain forms a hub for daily life
-High ceilings, timber floors & expansive northern glazing create a warm ambience
-Step out through bi-fold doors to a sun-lit alfresco deck – perfect for popping the prosecco after a day on the beach
-Large wraparound kitchen with 900mm Westinghouse oven connects directly to the formal dining room
-A formal living room offers a private space to unwind, while upstairs a 3rd living room is ideal for children’s retreat
-From the upper level, the home delights in a magical aspect stretching across the Barwon River to Torquay & beyond
-Take in spectacular sunsets & an ocean outlook, including from the alfresco terrace
-Luxurious proportions extend to the main bedroom, complete with WIR, full ensuite with corner spa & sunlit daybed area
-Three additional bedrooms are all fitted with BIRs
-Family bathroom with built-in tub & separate powder room
-A 3rd bathroom services the lower level, and includes a shower, WC & bidet
-Ducted heating & cooling is complemented by an upstairs ceiling cassette a/c
-Dual street crossovers afford ample parking space, including to the oversized DLUG
-Outdoor practicalities include a large storage shed & outdoor WC
-North-facing backyard is easy to maintain – ideal for holidaymakers seeking a low-maintenance lock-and-leave
-Coveted Dare Street location, just 300m from the sand & surf
-Stroll 250m to The Terrace for your morning coffee or a bite to eat
-Equally suited to permanent family living or a generous weekender, with space to spare for guests and extended family
The Owner Loves….
“When we built this home, we wanted it built to last. Almost 25 years on, it's as solid as the day we moved in – every detail chosen with care. It's been a wonderful family home, and I know whoever buys it next will feel that same quality the moment they walk in.”
*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
Listing description written by Levi Turner, Bellarine Property — reproduced as published, not verified by Districts.