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Overview
This exceptional property offers a rare opportunity to secure a substantial 1,029sqm allotment in the heart of Ocean Grove. The existing home combines coastal charm with the flexibility to suit a range of lifestyle preferences, whether that involves renovating the current residence or capitalising on the considerable land size for redevelopment (STCA).
Behind an expansive frontage, the home is nestled into generous gardens that stretch to the rear, providing a versatile and relaxed foundation for family living. It enjoys proximity to Ocean Grove’s beach, schools, and local shopping precincts, ensuring convenience alongside a coveted coastal lifestyle.
Inside, the central living area is defined by timber-lined walls and Baltic pine flooring, creating a warm and inviting ambience complemented by a skylight that floods the kitchen with natural light. Comfort is further enhanced by a wood fireplace and split-system heating and cooling, catering to year-round enjoyment.
The home features three bedrooms, with built-in robes in two, and a main bedroom benefiting from its own ensuite, delivering added privacy. The central bathroom includes a shower-over-bath, with a separate toilet enhancing practical family functionality.
Outdoor living is well-considered with wraparound decking on three sides, facilitating multiple spaces to relax or entertain. A separate room, currently used as a home gym, and a covered entertaining area extend the available living footprint while the expansive backyard continues to impress with a blend of lawn and mature gardens.
This property will appeal to buyers seeking a coastal home offering scope to grow or personalize. Whether embracing the existing residence or envisioning a fresh start, the size and location represent an increasingly uncommon chance to hold a significant land parcel in one of the Bellarine Peninsula's most sought-after communities.
Local Market Insights
In Ocean Grove, Quiet Listings observed 58 new houses entering the market over the last 30 days, up from 50 during the previous 30-day period, with an average advertised asking price of $1,150,702. The property type mix of listed properties is predominantly Houses at 65%, followed by land (21%), and townhouses (9%). Bellarine Property was the most active agency in this area, representing 40.4% of all new listings in the last 30 days. 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.
Location
Ocean Grove VIC 3226
Market Insights for Ocean Grove VIC 3226
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