FOR SALE
$950,000-$1,000,000

102a Powell St E
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 407m2
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Land for Sale with Approved Plans Ready to Build!

Defined: Situated only blocks from the glistening waters of Ocean Grove Beach and a leisurely stroll from Ocean Grove Primary School, this blue-chip 407sqm (approx.) land holding invites innovative souls to unleash their creative brilliance. Coming with council approved plans!
Nestled within a prestigious and well-established neighbourhood, this pristine parcel offers a blank canvas, framed by defined boundaries, eagerly awaiting a contemporary residence that reflects the unique vision and dreams of its future inhabitants (STCA). Set within easy reach of great coffee and good food, a future of exciting possibilities presents within proximity to The Terrace cafe and shopping precinct, Ocean Grove Reserve and Playground, local schools and public transport.
Considered:
⦁ A stunning setting only a moment from parks, playgrounds, cafes and coastlines
⦁ One of the final parcels within this established, blue-chip location
⦁ Walking distance to both Ocean Grove Beach and Primary School
⦁ Generous 407qm (approx.) lot, with clearly defined boundaries
Close by Facilities: Ocean Grove Primary School, Our Lady Star of the Sea Primary School, The Bluff, Barwon River, Ocean Grove Beach, The Terrace shopping and cafe precinct, Blue Waters Lake, and Ocean Grove Golf Club.
Ideal For: Those with a creative eye or a love of building. Families or couples.
*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.*

Property Details for 102a Powell St E, Ocean Grove

Building Type
Land
Land Size
407m2

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About Ocean Grove 3226

The size of Ocean Grove is approximately 18.5 square kilometres. It has 22 parks covering nearly 16.5% of total area. The population of Ocean Grove in 2011 was 12,555 people. By 2016 the population was 14,161 showing a population growth of 12.8% in the area during that time. The predominant age group in Ocean Grove is 0-9 years. Households in Ocean Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Grove work in a professional occupation. In 2011, 75.8% of the homes in Ocean Grove were owner-occupied compared with 76.1% in 2016.

Ocean Grove has 11,294 properties. Over the last 5 years, Houses in Ocean Grove have seen a 36.81% increase in median value, while Units have seen a 21.01% increase. As at 31 October 2024:

  • The median value for Houses in Ocean Grove is $991,968 while the median value for Units is $770,658.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 175 properties listed for sale, and 16 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 383 properties were sold in the past 12 months in Ocean grove.

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