15 Madeley StreetOcean Grove VIC 3226
Property Details for 15 Madeley St, Ocean Grove
15 Madeley St, Ocean Grove is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 834m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (January 2023)
An exceptional seaside opportunity in blue-chip Ocean Grove, this classic beach house offers an abundance of coastal charm, plush exciting possibilities to update, extend or rebuild. The mostly original 3-bedroom home is the perfect setting to embrace sun-soaked summer holidays, ideally positioned close to Ocean Grove Primary School, shops and Blue Waters Lake Reserve. Well maintained, the residence is ready to enjoy as-is while you plan your next move, with an impressive 834sqm (approx.) landholding adding to the potential to transform into a luxury new seaside residence or development opportunity (STCA).
The Facts:
-Classic beach house in a sought-after Old Ocean Grove location, abounding with opportunity to update or transform into a dream coastal home (STCA)
-Preferable north to the rear orientation lends itself to sun-soaked coastal getaways + solar passive design
-Character-filled existing home is ideal to live in or rent out while you plan your luxury new abode
-Charming original features include exposed beams & gently pitched ceilings
-Expansive glazing floods the open plan living hub in natural light
-All electric kitchen abounds with retro charm
-3 bedrooms (2 with BIRs) are serviced by a family bathroom with separate WC
-Expansive yard area lends itself to a myriad of possibilities
-Perfectly placed close to Ocean Grove Primary School, an easy 600m walk or bike ride away, and the Madeley Street shops, just 650m from your door
-Proximity to kindergartens, sporting grounds & parks for family-friendly living
-Lifestyle excellence is on offer with the vibrant retail & dining hub of The Terrace within 800m, and the beach just beyond
-Central to the Bellarine Peninsula's coastal townships & key attractions, beckoning weekenders & permanent residents alike
-An outstanding project or investment opportunity, certain to appeal to investors & developers
The Owner Loves
"It is so lovely to be able to start every day with a morning walk around Blue Waters Lake. Having such beautiful natural assets including the lake, river, and beach so close to home makes this a truly special place to live."
*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 15 Madeley St, Ocean Grove, VIC 3226
- 31 Dec 2022Sold for $1,100,000
- 23 Dec 2022Listed for Sale $1,000,000-$1,100,000
- 29 Oct 2022Transferred
Recent sales nearby
See more recent sales nearby/assets/perm/fbyxwfo3ymi6npcnp4tw5jqwji?signature=f268120876864c1ff79941ce5770b397093db16c9421c87bf9289f39074b3c38){kind=logo}
0
/assets/perm/v2gtmyg3zqi6nhbg6mcwyzlz6u?signature=cd566593f4de468fd8c321e10960d65105b8d26a530a494f85f6e06d447d3396){kind=logo}
0
/assets/perm/dtbrsan6lyi6nmvo5pz6teoz6e?signature=e82e028e8214ccd9221494eb8ce35a2ee41674662a444a0d4a0849715e7c2109){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About 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 11,867 properties. Over the last 5 years, Houses in Ocean Grove have seen a -0.83% decrease in median value, while Units have seen a -0.32% decrease. As at 30 June 2026:
- The median value for Houses in Ocean Grove is $1,034,776 while the median value for Units is $844,094.
- Houses have a median rent of $650 while Units have a median rent of $550.
Suburb Insights for Ocean Grove 3226
Market Insights
Ocean Grove Trends for Houses
N/A
N/A
View TrendN/A
N/A
Ocean Grove Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
