5 Ocean Street, Redhead, NSW 2290 | Property Value & History | OnTheHouse
OFF MARKET

5 Ocean Street
Redhead NSW 2290

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 114m2
Land area: 660m2
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Last updated 16 Mar 2026
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Property Details for 5 Ocean St, Redhead

5 Ocean St, Redhead is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 660m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in May 1989.

Building Type
House
Floor Size
114m2
Land Size
660m2
Local Government
Lake Macquarie
Lot/Plan
18/33/DP3109

Last Listing description (March 2026)

Perched at the absolute crest of the most elevated street in Redhead. This is a property that is "unbeatable," offering the highest vantage point in a premium suburb. This dual-storey beachside bungalow offers a rare 360-degree view that can never be built out. A golden opportunity you will not want to miss. - Panoramic Perfection: From Nobbys Lighthouse to BlacksmithsTo the North: From the front of the home you see the coastline curving all the way to Nobbys lighthouse.To the South: From the rear balcony, the vista stretches to Blacksmiths Beach.Whale Watching: Join a tight-knit community that shares a passion for the sea. Enjoy the local pastime of tracking the annual whale migration from your front deck or simply from the comfort of the master bedroom.- For the Family: Space, Character & Incredible PotentialThis is a home designed for a classic coastal lifestyle, offering a floorplan that caters to growing families.The Layout: A double-storey design with a flexible floorplan, featuring three well sized bedrooms. With a separate bathroom on each level, the home offers dual living possibilities, or the ultimate coastal renovation project.- Entertainers Dream: The heart of the home includes multiple living areas, upstairs you enjoy relaxing or entertaining on the elevated balconies with ocean views and sea breezes at both the front and the rear. Downstairs features a spacious rumpus room complete with a bar the perfect spot for hosting friends after a day at the beach.- The Practicalities: It features a triple garage with drive-thru access, additional off-street parking, and an oversized shed at the rear for the boat, caravan, or workshop.For the Developer: A Rare High-Side OpportunityFor the visionary, this is a "Blue Chip" acquisition. With a generous 657.6sqm block and the highly coveted advantage of rear lane access, the development potential here is unmatched.- The Canvas: This is one of the most sought-after pockets of Redhead. The site is a clean slate for a landmark luxury build (STCA) that capitalises on the extreme elevation.- Strategic Advantage: The rear lane access provides incredible flexibility for construction and future accessibility, while the size ensures room for a grand footprint without compromise.- Location & Lifestyle HighlightsBeachside Proximity: Only 1km to the Redhead Surf Club and the patrolled sands of the beach.Education & Convenience: Close proximity to Redhead Public School, a short drive to Charlestown Square Shopping Centre, and easy access to the Fernleigh Track.Whether you choose to renovate this character-filled bungalow or clear the site to create the regions finest contemporary landmark, 5 Ocean Street is a once-in-a-generation opportunity.

Property History for 5 Ocean St, Redhead, NSW 2290

A timeline of how this property has performed in the market
Last Sold
10 May 1989
  • 16 Mar 2026
    Sold
  • 25 Feb 2026
    Listed for Sale Auction
  • 10 May 1989
    Sold
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About Redhead 2290

The size of Redhead is approximately 3.4 square kilometres. It has 6 parks covering nearly 7.3% of total area. The population of Redhead in 2016 was 3516 people. By 2021 the population was 3785 showing a population growth of 7.6% in the area during that time. The predominant age group in Redhead is 60-69 years. Households in Redhead are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redhead work in a professional occupation.In 2021, 83.30% of the homes in Redhead were owner-occupied compared with 80.70% in 2016.

Redhead has 1,880 properties. Over the last 5 years, Houses in Redhead have seen a 61.73% increase in median value, while Units have seen a 9.60% increase. As at 28 February 2026:

  • The median value for Houses in Redhead is $1,787,812 while the median value for Units is $617,974.
  • Houses have a median rent of $775 while Units have a median rent of $318.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Redhead on OnTheHouse. According to Cotality's data, 59 properties were sold in the past 12 months in Redhead.

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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.