22 The Parade, Ocean Grove, VIC 3226 | Land for sale | OnTheHouse
 
FOR SALE
$990,000-$1,080,000 each

22 The Parade
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
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Land area: 822m2
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Rare Vacant Double Allotment – Buy One or Both

$1,250,000 - $1,350,000 each
The Feel:
Opportunity knocks loud and clear with these two generous vacant allotments, to be sold individually or as one, in an exclusive river-end precinct 500m from the water’s edge. There is unlimited scope to craft your dream coastal dwelling across a single 822sqm (approx.) site, or to combine both titles and create a new townhouse or multi-dwelling development (STCA). Land of this size and calibre rarely becomes available – seize the chance to unlock the full potential of this prized setting where the options are only as limited as your imagination.
The Facts:
-Rare vacant allotments, on 2 separate titles and offering 1644sqm (approx.) in total
-Available to purchase together or as individual 822sqm (approx.) lots
-Options abound to craft your dream home or capitalise on the potential for a multi-dwelling development (STCA)
-Gentle elevation presents opportunities to capture potential coastal views
-Each site offers 40.86m depth & 20.09m north frontage, lending itself to passive design principles
-Premium riverside setting provides an extraordinary opportunity to curate a lifestyle of luxury
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Property Details for 22 The Parade, Ocean Grove

Building Type
Land
Land Size
822m2
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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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Andrew Kibbis
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Toby Lee
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Bellarine Property - Barwon Heads
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