FOR SALE
$799,000

26 Newcomb Street
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 500m2
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Rare Vacant Land in Premium Position with Barwon River views

The Feel:
Seize a prized opportunity to design and build a magnificent coastal retreat in a highly coveted lifestyle setting, just one street back from the Barwon River. Set on the high side of the street with potential to capture estuary views from the first level, this gently rising 500sqm (approx.) parcel of premium vacant land is the ideal blank canvas to set your seaside dreams in motion. Unleash your creativity and capitalise on this exclusive opportunity to create your coastal retreat close to pristine patrolled surf beaches, riverside walking tracks and the cosmopolitan town centre.
The Facts:
-Premium vacant land opportunity on corner of Newcomb Street and The Parade
-Cleared and gently rising site offers potential to capture views over the river, Bluff and beyond
- Large 16m+ frontage
-A blue-chip lifestyle position places you just 300m from the beautiful Barwon River walking trails, with the boat ramp & golf course just beyond
-Walking distance to the vibrant town centre shops & eateries (less than 800m), and renown surf beach (approx. 1,000m)
-Secure your own peaceful piece of paradise at the premium address
The Owner Loves….
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Property Details for 26 Newcomb St, Ocean Grove

Building Type
Land
Land Size
500m2

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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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Toby Lee
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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.