FOR SALE
$1,290,000 - $1,390,000

55 Orton Street
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 927m2
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Art Deco Project or Beachside Development Opportunity

An abundance of character and a remarkable 927sqm (approx.) parcel of land invites the astute buyer to this original Art Deco home in a prized location, just 300m to the golden sands and pristine waters of the Ocean Grove Main Beach.
A unique property offering brilliant potential for families and new home builders, there’s immense scope to bring your vision for a new luxury residence to life while maximising the RGZ3 zoning to capture sweeping ocean views from future second and third storeys.
Developers will recognise the outstanding scope to take advantage of an expansive 21.9m (approx.) street frontage with the construction of a premium multi-dwelling development, while there is also an outstanding opportunity to renovate and refurbish the existing architectural home in keeping with today’s contemporary lifestyle (all STCA).
Currently in need of some TLC to bring it back to its former glory, the current home offers exceptional project potential as a character-filled façade introduces original Art Deco features including soaring ceilings, decorative cornices, and a definitive curved window.
There’s a choice of living zones to enjoy as well as a generous north-facing alfresco deck where you can soak up the sunshine and salty sea air. Meanwhile a detached semi-self-contained bungalow provides ideal overflow living or guest accommodation.
Further enhancing this potential-packed opportunity is the site’s easy access to patrolled surf beaches, as well as its proximity to the vibrant restaurants and cafes, boutique shopping, and practical amenities of the town centre, all just a short walk from your door.
Whether your intentions are to retain and renovate the existing home, build your dream abode, or develop the expansive site, this seaside gem presents a golden opportunity to revel in the bliss of the fabulous Bellarine Peninsula lifestyle.
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Property Details for 55 Orton St, Ocean Grove

55 Orton St, Ocean Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 927m2. The place is currently for sale with RT Edgar Ocean Grove.

Building Type
House
Land Size
927m2

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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 11,264 properties. Over the last 5 years, Houses in Ocean Grove have seen a 41.75% increase in median value, while Units have seen a 29.44% increase. As at 30 September 2024:

  • The median value for Houses in Ocean Grove is $1,004,394 while the median value for Units is $816,864.
  • Houses have a median rent of $575 while Units have a median rent of $520.
There are currently 171 properties listed for sale, and 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 374 properties were sold in the past 12 months in Ocean grove.

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Brock Grainger
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Ashlyn Schweiger
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RT Edgar Ocean Grove
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