Ocean Grove at a glance
19,129
People
No data
Median sale
$584/wk
Median rent
No data
Suburb gross yield
VIC › Ocean Grove › Petras Pl
$775,000–$850,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
147 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
$775,000–$850,000
Asking range · $5,272/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.
$47,188 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 3.9%. 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 Oslo PropertyDefined: Framed by majestic established gum trees and the quiet of the neighbouring native reserve, this immaculate three-bedroom townhouse offers a peaceful retreat in a coveted setting where coastal living meets bushland calm.
Privately positioned in a tightly-held cul-de-sac of just 10 homes, the home sits moments from the reserve's walking trails, with native birdsong and the occasional frog chorus drifting into the fully-fenced courtyard, a private outdoor retreat shaded from the street.
Spanning two architecturally designed levels, the interior reveals a refreshed, near-new aesthetic with updated flooring and fresh paintwork, unfolding to light-filled open-plan living, a stone-topped kitchen, and first-floor accommodation including the main bedroom with ensuite.
Set on an easy-care 147sqm (approx.) allotment, the home delivers a true turnkey opportunity for young families, downsizers, or holiday-home buyers, just 300m from Market Place amenities and a short drive from Ocean Grove's pristine coastline, yet blissfully wrapped in the calm of its bushland surrounds.
Considered
Kitchen: Uniting form and function, the island kitchen pairs a built‑in oven, four‑burner cooktop and Fisher & Paykel dishwasher with sleek stone finishes and soft-close joinery, creating a refined, highly functional space for everyday cooking and entertaining.
Open-plan living/dining: Revealed upon entry, the open-plan living hub is bathed in northern light, with new washed timber-look floors, fresh paintwork and square-set ceilings reinforcing its modern, streamlined aesthetic.
Primary suite: Zoned to the first floor, the main bedroom forms a serene retreat, bathed in gentle northern light and complete with a fitted walk-in robe and an ensuite featuring an oversized shower, single vanity and WC.
Additional bedrooms: Completing the first floor, two secondary bedrooms provide flexible space for guests or work-from-home needs, with one enjoying direct access to a private alfresco balcony where the bushland ambience creates a peaceful morning escape.
Additional bathrooms: A full family bathroom sits alongside the upstairs accommodation, appointed with a built-in tub for relaxed evening unwinding, while a ground-floor powder room adds everyday convenience.
Outside: Glass stacker doors extend the layout from indoors to out, opening to an easy-care garden courtyard where alfresco dining unfolds against the gentle backdrop of native birdsong.
Luxury inclusions: Thoughtfully appointed for the discerning buyer, the home features double glazing, split-system climate control to the living zone and all three bedrooms, along with refreshed interior and exterior paintwork.
Garage: The double remote-operated garage incorporates the home’s laundry and offers both internal and rear access, creating a secure and practical entry point for everyday living.
Close-by facilities: Set within a peaceful reserve-side cul-de-sac, the home is just 300m from Market Place conveniences, with bushland walking trails close at hand. Schools and the Shell Road sporting precinct are easily reached on foot or by bike, while Ocean Grove’s pristine coastline is only a 3-minute drive away.
Ideal for: Buyers seeking a serene, lock-and-leave coastal retreat with blissful bushland ambience, modern comfort and effortless proximity to everyday amenity.
*All information offered by Oslo 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 Oslo 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. Oslo 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 Nick Ford, Oslo Property — reproduced as published, not verified by Districts.
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