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1 Altair Street, Ocean Grove VIC 3226

$1,150,000-$1,250,000

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$1.15M - $1.21M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 2 Baths 5 Cars 872 m²

Listed: 22nd Jul 2026

Updated: 1 hour ago

Overview

This classic beach house in Ocean Grove presents an exceptional opportunity for those seeking coastal living just steps from the sparkling shoreline, located roughly 450 meters from the beach. Its crisp white weatherboard façade and expansive verandahs immediately establish a welcoming and timeless beachside aesthetic, blending traditional charm with modern convenience.

Spanning a generous 872 square meters on a corner block with dual street access, the property offers substantial space and flexibility, ideal for local families, weekend holidayers, or investors. The thoughtfully designed single-level floor plan centers around an open-plan living area that flows seamlessly to alfresco entertaining spaces on two sides, expanding the heart of the home and encouraging indoor-outdoor living. This layout enhances social interaction and brings abundant natural light throughout.

The timber-fronted kitchen is equipped with quality appliances including a Bosch dishwasher and a brand new 900mm Westinghouse freestanding oven, providing ample preparation and storage areas suitable for hosting gatherings or daily family meals.
The main bedroom offers a private retreat complete with a walk-through robe and ensuite, while four additional bedrooms all with built-in robes are tucked away in a separate wing, providing versatility and privacy for larger households.
The main bathroom features family-friendly proportions with a deep built-in tub and separate WC, catering well to both practical and relaxing needs.
Year-round comfort is assured with ducted heating and split system air conditioning, ensuring the home adapts easily to seasonal changes.
A 20-panel solar PV system significantly reduces ongoing energy costs, reflecting a sustainable approach to living.
Parking is more than ample, with secure off-street spaces for up to five vehicles including a sizable garage with built-in storage and separate gated side access, enhancing convenience and security.
For leisure and entertainment, the property includes a paved alfresco area complemented by a 10-person spa, ideal for social gatherings or relaxing evenings under the stars.

Having demonstrated success as an Airbnb rental, this home holds appeal for those interested in holiday letting, with potential for future updates or redevelopment subject to council approval. Its location and design offer a blend of comfortable family living, holiday lifestyle, and investment potential.

Overall, this property reflects a unique combination of coastal proximity, spacious living, and practical enhancements that support a relaxed lifestyle while accommodating diverse homeowner needs.

Local Market Insights

In Ocean Grove, Quiet Listings observed 42 new houses entering the market over the last 30 days, up from 26 during the previous 30-day period, with an average advertised asking price of $1,037,619. The property type mix of listed properties is predominantly Houses at 91%, followed by land (4%), and villas (2%). The most active agency for houses in the Ocean Grove area is currently Fletcher's Real Estate Wollongong, representing 36% of new listings, followed by RT Edgar with 29%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.