The Feel:
Sensationally positioned within 600m of both the beach and town centre, this cleared, level and ready-to-go corner allotment presents an inspiring opportunity to stake your claim in an exclusive beachside neighbourhood. Set on a whopping 815sqm (approx.) of prime coastal land amidst a soothing soundtrack of rolling waves, the property offers a glorious site to construct your dream coastal retreat (STCA); or capitalise on the outstanding potential for a multi-dwelling development -plans for two townhouses already have Council approval. Don't miss this rare chance to custom design your future, surrounded by the abundant lifestyle advantages of this prestigious Old Ocean Grove setting.
The Facts:
The Owner Loves.
"When it comes to lifestyle and potential, this large landholding in an elite Old Grove location is second to none. The substantial site lends itself to a myriad of design possibilities where you can leave the car at home, and take a short stroll to the beach and town centre."
*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
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:
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