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103 Dare Street, Ocean Grove VIC 3226

$1,450,000-$1,550,000

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$1.45M - $1.52M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 1 Car 812 m²

Listed: 6 hours ago

Overview

This charming seaside residence offers a unique opportunity to immerse yourself in the sought-after Ocean Grove lifestyle while harnessing considerable potential for future enhancement. Set on a generous 812sqm block, the property marries immediate comfort with strategic development possibilities in a prized coastal location.

Positioned just a short stroll from The Terrace's vibrant cafes and essential amenities, as well as pristine ocean beaches, the home is both convenient and peaceful. Its multi-level layout blends nostalgic features such as timber-paneled walls and pitched ceilings with practical living spaces that capitalize on a prized north-rear aspect and glimpses of the southern ocean.

The top floor showcases bright, open-plan living warmed by a gas log fire and adjoined by spacious alfresco decks on both the front and rear, perfect for entertaining or relaxation. Central to these areas is a well-equipped island kitchen featuring modern appliances including an ASKO dishwasher, electric cooking, and a walk-in pantry, complemented by an adjacent sunroom that frames calming leafy views.

The middle level houses the main bedroom suite complete with walk-in robe and ensuite, while a cosy third bedroom on the top floor serves as an ideal private retreat for children or guests. The lower level provides a semi-self-contained living space with its own kitchen, bathroom, living area, and undercover alfresco, adaptable for multi-generational living, guest accommodation, or potential short-stay use.

Comfort is assured throughout with split-system heating and cooling across all levels. Parking provisions include a single garage, a carport, and an additional street crossover that allows gated access to the backyard. The expansive north-facing garden offers a lush lawn bordered by mature trees, providing a private and tranquil setting well-suited to outdoor living.

Zoned within the Residential Growth Zone (RGZ) and allowing buildings up to 9 meters high, this site invites exploration of subdivision or multi-dwelling redevelopment opportunities (subject to council approval) that could maximize the property’s coastal orientation and prime location.

Whether you seek a family holiday haven, a comfortable permanent home, or a strategic land banking asset, this Ocean Grove property delivers a compelling blend of lifestyle and potential.

Prime position near The Terrace and ocean beaches
Multi-level home with diverse living and entertaining zones
Island kitchen with quality appliances and walk-in pantry
Semi-self-contained lower level for flexible living options
Generous off-street parking including garage and carport
Large north-facing, private garden with mature plantings
RGZ zoning with subdivision and multi-dwelling development potential (STCA)

Local Market Insights

In Ocean Grove, Quiet Listings observed 37 new houses entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $1,117,973. The property type mix of listed properties is predominantly Houses at 64%, followed by land (31%), and units (2%). The most active agency for houses in the Ocean Grove area is currently Fletcher's Real Estate Wollongong, representing 35% of new listings, followed by RT Edgar with 30%. 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.