FOR SALE
$1,050,000 - $1,150,000

5 Launceston Street
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 560m2
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Spacious 32m2 family home with 3 living zones.

This Hamptons-style four-bedroom family retreat is a captivating hideaway, providing a familial haven characterised by sophistication, ample space and seclusion. Enchanted by the harmonious melodies of coastal echoes and embellished with meticulously low-maintenance gardens, this residence seamlessly combines functionality with charm, accentuated by its effortless integration of indoor and outdoor spaces and sun-drenched northern exposure.
This 2 year young home, spanning over 32 squares encompasses 4 bedrooms, 2 bathrooms, office/study zone and multiple living areas seamlessly merging with the tranquil paved north facing alfresco. Thoughtfully zoned for tranquility and privacy, the expansive master suite boasts spacious walk-in robe, ensuite and an enclosed lounge while the three additional bedrooms, all outfitted with built-in robes share a central family bathroom and their own kid's rumpus room. The main open living/dining and kitchen is an entertainers dream with an expansive 40mm stone island bench, electric induction stovetop, 900mm oven, dishwasher, lavish butler's pantry, and abundance of glass cabinetry.
Hybrid timber flooring, double glazed windows, chic pendants and sheer curtains augment the sense of coastal grandeur throughout the residence, complemented by amenities such as ducted central heating, evaporative cooling and walk in linen room.
Outside, a prefect size backyard for pets to play, along with a remote double lock-up garage with internal access to the laundry/mud room.
The property offers short proximity to all amenities of the Bellarine region such as local schools, sporting facilities, Kingston shopping village, world-class wineries, golden plate award winning dining establishments, bakeries, beaches, and golf courses.
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Property Details for 5 Launceston St, Ocean Grove

5 Launceston St, Ocean Grove is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 560m2. The place is currently for sale with Ocean Grove Real Estate.

Building Type
House
Land Size
560m2

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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 11,326 properties. Over the last 5 years, Houses in Ocean Grove have seen a 40.68% increase in median value, while Units have seen a 22.37% increase. As at 31 July 2024:

  • The median value for Houses in Ocean Grove is $996,466 while the median value for Units is $794,517.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 155 properties listed for sale, and 21 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 389 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Mark Blaskovic
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Jacob Platt
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Ocean Grove Real Estate
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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.