FOR SALE
$1,200,000-$1,300,000

14 The Parade
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 820m2
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Classic Beach House on Rare 820sqm Redevelopment Site

The Feel:
One of the few remaining original homes in this premium inner village setting, this classic beach house on a whopping 820sqm (approx.) allotment grants exciting possibilities for the future. Presenting a perfect union of position and potential, the property offers an outstanding opportunity for dual occupancy, subdivision, or the creation of a luxury coastal home, with scope to reveal picturesque ocean views via a future first storey (STCA). Liveable, loveable, and oozing retro charm, the existing 3-bedroom home is ideal to rent out or live comfortably while you plan a dream abode befitting this prime location.
The Facts:
-Classic fibro beach house, bursting with potential across 820sqm (approx.)
-Ripe with possibility for renovation, rebuilding, or redevelopment (STCA)
-A 20.1m (approx.) frontage suits dual occupancy or subdivision (STCA)
-Premium inner-village setting, walking distance to the Barwon River (450m) and town centre (600m)
-Existing 3-bedroom home is ideal to live in or rent out while you plan your next move
-Liveable and loveable, the home oozes retro beach house vibes
-Living zone spills to a large outdoor deck, the perfect spot to sit & soak up the coastal ambience
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Property Details for 14 The Parade, Ocean Grove

14 The Parade, Ocean Grove is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 820m2. The place is currently for sale with Bellarine Property - Barwon Heads.

Building Type
House
Land Size
820m2

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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 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 385 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Levi Turner
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Kate Lane
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Bellarine Property - Barwon Heads
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.