139B Powell Street E, Ocean Grove, VIC 3226 sold on 29 September 2025 | OnTheHouse
SOLD
Sold on 29 Sep 2025 for $1,490,000

139B Powell Street E
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 405m2
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Property Details for 139b Powell St E, Ocean Grove

139b Powell St E, Ocean Grove is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom House sold in Ocean Grove in the last 12 months.

Building Type
House
Land Size
405m2

Last Listing description (September 2025)

The Feel:
Fusing a contemporary open plan design, sun-kissed outdoor entertaining and high-end finishes throughout, this impeccably presented retreat represents an exquisite family or holiday home in one of Ocean Grove’s best locations. The free-flowing 4-bedroom townhouse comes with multiple living areas inside and out, ensuring it’s the ideal space to relax and entertain. A timeless coastal aesthetic delights over two light-filled levels, while easy-care surrounds enhance the low-maintenance lifestyle on offer. This enviable locale also offers perfect convenience within easy walking distance of the beach, village cafes and everyday amenities.

The Facts:

-Contemporary townhouse delivering the perfect blend of relaxed coastal style & low-maintenance luxury
-Elite inner village location, within a short stroll of the beach, town centre & the local weekend market
-A versatile option for relaxed permanent living, ideal lock-and-leave getaways and a proven holiday rental investment
-The home also presents as an outstanding investment opportunity, with a proven history of short-term rental returns
-Tasmanian Oak flooring and high square set ceilings set a sophisticated tone across the 2-storey layout
-Generous open plan living is a plush setting to relax, dine and entertain against the soothing glow of a gas log fireplace
-Making the most of sunny north-to-rear design, stacker doors effortlessly connect the space to outdoor living zones
-Gourmet kitchen features elegant stone benchtops, a spacious waterfall edge breakfast bar, butler’s pantry & quality appliances
-Master bedroom with ensuite & WIR is a sumptuous retreat while also offering the convenience of single-level living
-Family considerations continue upstairs with 3 additional bedrooms (all with WIRs) centred around a 2nd living room
-A study nook is a practical inclusion, complete with built-in desk & storage
-Elegant family bathroom with deep inset tub, oversized shower & separate WC. A second powder room services the lower level
-Easy-care outdoors provide a wonderful extension to the living zones, including undercover alfresco deck & novelty 4-hole putting green
-Unwind under the stars beside the built-in outdoor fireplace with timber seating
-Additional features: ducted heating, 3 x split system units, ducted vacuum & keyless entry
-DLUG with internal/rear access + overflow space for storage or workshop
-Nearby to parks and recreation areas, the home also provides ease of access to local eateries, shops & the local Bellarine Farmer’s Market
-Proximity to schools & sporting facilities enhance the family-friendly elements
-Potential to buy fully furnished and ready to go as a holiday rental
-Take advantage of this outstanding investment opportunity to capitalise on a proven short term rental yield

The Owner Loves….
“A wonderfully private sanctuary, this home has been designed as a year-round entertainer’s paradise. There’s a real wow factor, especially in how the sophisticated interiors connect with the outdoor zones. It’s unbeatable for hosting get-togethers with family and friends.”

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 139b Powell St E, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,490,000
29 Sep 2025
  • 10 Sep 2025
    Sold for $1,490,000
  • 04 Mar 2025
    Listed for Sale $1,450,000-$1,500,000
  • 19 Feb 2024
    Listed for Sale $1,495,000-$1,595,000
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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 11,882 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:

  • The median value for Houses in Ocean Grove is $1,046,564 while the median value for Units is $842,810.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 136 properties listed for sale, and 14 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 549 properties were sold in the past 12 months in Ocean grove.

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Toby Lee
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Kate Lane
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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.