FOR SALE
$1,300,000 -$1,400,000

70-72 Dare Street
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 789m2
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An Exclusive Development Opportunity Awaits (STCA)

Set on approximately 789m2 in Ocean Grove’s highest residential zoning (Residential Growth Zone Schedule 3) this property offers an exclusive development opportunity just moments from the town centre and surf beach (STCA).
Whether you’re envisioning your dream family home in a prime coastal location or planning a multi-dwelling development—such as luxury townhouses or apartments with three stories and underground parking (STCA)—this is an opportunity not to be missed.
The prized location, with potential views of Barwon River (STCA) puts you within walking distance of the beach, with the vibrant town centre practically at your doorstep. Picture starting your day with a surf, followed by brunch at a nearby café, or enjoying endless summer days at the beach with family. For families, schools are close by, while sporting facilities and the Ocean Grove Golf Course are just moments away.
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Property Details for 70-72 Dare St, Ocean Grove

Building Type
Land
Land Size
789m2

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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 11,378 properties. Over the last 5 years, Houses in Ocean Grove have seen a 32.17% increase in median value, while Units have seen a 16.28% increase. As at 30 November 2024:

  • The median value for Houses in Ocean Grove is $989,663 while the median value for Units is $775,261.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 174 properties listed for sale, and 15 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 387 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Nick Ford
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Archie Nankivell
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RT Edgar Ocean Grove
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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.