50 Wedge Street, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

50 Wedge Street
Ocean Grove VIC 3226

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 1100m2
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Property Details for 50 Wedge St, Ocean Grove

50 Wedge St, Ocean Grove is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1100m2. While the property is not currently for sale or for rent, it was last sold in September 2011.

Building Type
House
Land Size
1100m2
Local Government
Greater Geelong
Lot/Plan
2/PS541892

Last Listing description (August 2026)

Wake to uninterrupted ocean vistas and experience the pinnacle of coastal luxury in this exceptional Ocean Grove residence.

Positioned in one of the Bellarines most exclusive beachfront locations, this expansive five-bedroom plus study home offers a rare opportunity to secure a premium lifestyle property of scale, sophistication and breathtaking outlooks.


Thoughtfully designed across two levels, the home seamlessly blends indoor and outdoor living, with multiple entertaining zones and panoramic views captured from almost every room.

Key features include:

Five bedrooms plus dedicated study

Three bathrooms plus powder room

Sweeping ocean views throughout the home

Light-filled open plan living and dining

Designer kitchen with induction cooktop, dishwasher, wine fridge & plumbed fridge

Luxurious upstairs master retreat with ensuite

Downstairs living zone with kitchenette ideal for guests or dual living

Multiple outdoor entertaining areas, including vergola-covered deck

Landscaped surrounds with gardener included

With an emphasis on space, flexibility and refined coastal living, this home is perfectly suited to those seeking a high-end rental in a truly blue-chip location.

Just moments from the beach, cafs and the best of Ocean Grove, this is a rare and prestigious offering not often available to the rental market.

Are you a property investor or considering your next acquisition? Please contact Samantha Grima on 0447 933 048 to discuss a tailored approach to leasing and asset management, focused on achieving strong outcomes while supporting the long-term performance of your investment property.

Property History for 50 Wedge St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,150,000
28 Sep 2011
Listed for Rent
$2.00k/w
10 Jul 2026
  • 25 Mar 2026
    Listed for Rent $1,800 / week
  • 02 Feb 2021
    Listed for Rent $1,800 / week
  • 28 Sep 2011
    Sold for $1,150,000
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About Ocean Grove 3226

The size of Ocean Grove is approximately 18.5 square kilometres. There are 22 parks, covering nearly 16.5% of the total area. The population of Ocean Grove in 2016 was 14165 people. By 2021 the population was 17714 showing a population growth of 25.0% in the area during that time. The predominant age group in Ocean Grove is 60-69 years. Households in Ocean Grove are primarily childless couples 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 2021, 78.50% of the homes in Ocean Grove were owner-occupied compared with 76.10% in 2016.

Ocean Grove has 11,902 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:

  • The median value for Houses in Ocean Grove is $1,026,772 while the median value for Units is $851,059.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 128 properties listed for sale, and 19 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 534 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.