Situated in a prime central location with easy access to shopping, schools and sporting facilities, this allotment represents a rare chance to secure a strategic investment in the Ocean Grove market. Sunset Strip's position not only ensures strong tenant and purchaser demand, but also connects directly to the town's quiet southern beaches, combining convenience with lifestyle appeal that underpins long-term growth.
Zoned Residential Growth Zone - Schedule 3, the site offers exceptional development flexibility. Options include multi-level residential projects, boutique commercial ventures, or a combination of both - providing multiple pathways to capitalise on the area's continued expansion.
Whether you're a downsizer, investor, first home buyer or business owner seeking a foothold in this tightly held coastal community, this is an opportunity not to be missed.
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 11,875 properties. Over the last 5 years, Houses in Ocean Grove have seen a 17.26% increase in median value, while Units have seen a 27.10% increase. As at 31 January 2026:
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