140 Powell Street EOcean Grove VIC 3226
Property Details for 140 Powell St E, Ocean Grove
140 Powell St E, Ocean Grove is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 814m2.
Last Listing description (June 2026)
The Feel:
Set on an expansive 814sqm (approx.) allotment in a tightly held pocket of Old Ocean Grove, this solid brick home presents an exceptional opportunity to secure scale, position and future potential in one compelling package. Surrounded by established trees and generous gardens, the property offers immediate comfort with scope to renovate, extend or redevelop (STCA). Inside, original character and a practical single-level layout provide a functional base, while the deep backyard and wide frontage invite imagination. With direct access to the sporting precinct, just 900m to the town centre and only 750m to the beach, the lifestyle credentials are equally impressive. Whether you choose to modernise, reconfigure or create something entirely new, the proportions and prime positioning of this site make it a rare and exciting prospect.
-Expansive 814sqm (approx.) allotment in tightly held Old Ocean Grove
-Exceptional land value & future flexibility in a proven growth location
-Solid brick, single-level residence with generous proportions, presents as a comfortable home
-Exciting scope for renovation, extension or redevelopment (STCA)
-Wide frontage & deep rear yard provide excellent design potential
-Established gardens & mature trees create privacy & natural beauty, with substantial lawn areas
-Light-filled formal living room positioned at the front of the home, enjoying garden outlooks
-Original kitchen with ample cabinetry & adjoining meals area
-Easy indoor-outdoor flow via sliding doors to the rear garden
-Flexible floorplan with 3 bedrooms plus versatile extra room for home office
-Well-proportioned bedrooms with built-in storage, serviced by a central bathroom
-Practical laundry with external access
-Separate garage & additional shedding provide storage plus generous off-street parking
-Direct access to the sporting precinct, just 900m to town centre & 750m to the beach
The Owner Loves.
Being able to walk to the beach, the sporting grounds and into town has made everyday life so easy. Weve always treasured the size of the block and the established gardens its really exciting to see what someone new could create here.
*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 enquiries 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 140 Powell St E, Ocean Grove, VIC 3226
- 27 Feb 2026Listed for Sale $1,150,000-$1,250,000
Recent sales nearby
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0About Ocean Grove 3226
The size of Ocean Grove is approximately 18.5 square kilometres. There are 22 parks, covering nearly 16.5% of the 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 11,851 properties. Over the last 5 years, Houses in Ocean Grove have seen a 4.87% increase in median value, while Units have seen a 7.47% increase. As at 31 May 2026:
- The median value for Houses in Ocean Grove is $1,069,181 while the median value for Units is $858,368.
- Houses have a median rent of $650 while Units have a median rent of $550.
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