123 Cerberus Drive, Ocean Grove, VIC 3226 sold on 03 September 2025 | OnTheHouse
SOLD
Sold on 03 Sep 2025 for $740,000

123 Cerberus Drive
Ocean Grove VIC 3226

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1227m2
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Property Details for 123 Cerberus Dr, Ocean Grove

Building Type
Land
Land Size
1227m2

Last Listing description (September 2025)

This supersized, well-oriented parcel of land is located along the northern border of the popular Oakdene Estate in Ocean Grove. Boasting a pleasant green backdrop of established gums and other native vegetation alongside its northern boundary, the generous, flat block on offer provides the ideal blank canvas on which to build the home of your dreams. Abundant surrounding space allows you to incorporate sympathetic landscaping and plenty of luxurious extras such as a swimming pool into your design.

Families will love the quick bike ride or drive to local schools, childcare options, sporting facilities and the Devlins Road park or oval for a kick of the footy. A nearby wildlife corridor of indigenous vegetation is one of several green spaces in the estate, and nature-lovers will take advantage of living close to the Ocean Grove Nature Reserve with its array of local birdlife and flora.


The position of this prized land package is conveniently within close proximity to the Kingston Village for all of your week-to-week shopping requirements. Pop out onto Grubb Road for a quick commute into Geelong or enjoy easy access to your choice of stunning beaches, all just a short drive away. Centrally situated on the Bellarine Peninsula means that the region’s world-class golf courses, fantastic wineries and fine dining establishments aren’t too far away either.

Completely cleared and ready to go, this enviable expanse of land represents an increasingly rare opportunity to buy big in Ocean Grove - run, don’t walk!

Property History for 123 Cerberus Dr, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$740,000
03 Sep 2025
  • 03 Sep 2025
    Sold for $740,000
  • 07 May 2025
    Listed for Sale $750,000 - $800,000
  • 20 Dec 2024
    Listed for Sale $790,000 - $850,000
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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 132 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 509 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Candace Smith
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Nick Ford
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RT Edgar Ocean Grove
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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.