140 The Parade, Ocean Grove, VIC 3226 | House for sale | OnTheHouse
 
FOR SALE
$1.5m - $1.65m

140 The Parade
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 792m2
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Prime Ocean Grove Land with Approved Plans for Dual Ocean-View Homes

Unique
A rare opportunity in the heart of Ocean Grove just two blocks from the beach and main town. This vacant parcel of land comes with an approved planning permit for two contemporary dwellings, each promising ocean views from the upper level. Whether you pursue the approved vision or design your dream coastal home, this prime land offers limitless potential for an enviable beachside lifestyle.
Key Features:
- Location: Central Ocean Grove location, close enough to walk to the town centre and beach.
- Outlook: Potential second storey views from Ocean Grove beach across to Barwon Heads Bluff.
- Potential: Approved subdivision with planning permit for two adjoining two-storey dwellings, both with commanding sea views.
Essence:
Exceptional site. Rare opportunity. Potential views.
*** Plans Available by Request
DISCLAIMER: Please note that all information provided by Pavilion Property is in good faith and derived from sources believed to be accurate and current at the date of publication. Pavilion Property acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Pavilion Property will not be liable for any loss resulting from actions or decisions made in reliance on the provided information.
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Property Details for 140 The Parade, Ocean Grove

140 The Parade, Ocean Grove is a 0 bedroom, 0 bathroom House. The property has a land size of 792m2. The place is currently for sale with Pavilion Property Group.

Building Type
House
Land Size
792m2
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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 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 11,887 properties. Over the last 5 years, Houses in Ocean Grove have seen a 24.39% increase in median value, while Units have seen a 31.47% increase. As at 30 November 2025:

  • The median value for Houses in Ocean Grove is $1,031,997 while the median value for Units is $816,100.
  • Houses have a median rent of $598 while Units have a median rent of $510.
There are currently 134 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 508 properties were sold in the past 12 months in Ocean grove.

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Dan Bennett
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Pavilion Property Group
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