23 Blue Waters Drive, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
FOR SALE

23 Blue Waters Drive
Ocean Grove VIC 3226

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 180m2
Land area: 591m2
This property is currently on the market
Save

Property Details for 23 Blue Waters Dr, Ocean Grove

23 Blue Waters Dr, Ocean Grove is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 591m2 and floor size of 180m2.This Property is currently listed for sale with RT Edgar Ocean Grove

Building Type
House
Year Built
2000
Floor Size
180m2
Land Size
591m2
Local Government
Greater Geelong
Lot/Plan
346/LP54617

Last Listing description (September 2026)

Like a breath of fresh air with its beach washed ambience and sweeping westerly outlook, this captivating two storey coastal home, complete with a separate semi self contained bungalow, delivers peace, privacy and a prized Blue Waters Drive position.
Enjoying tranquil birdsong drifting across the neighbouring lake and parkland, the homes lifestyle appeal is highlighted by its west facing living and alfresco zones, versatile two storey layout, and the added flexibility of income earning potential.
Between newly installed timber look flooring and high square set ceilings, the main open plan family zone delivers a warmly welcoming kitchen, meals and living domain that spills onto a choice of elevated alfresco decks enjoying dramatic, ever changing sunset views across the treetops and surrounding landscape.

Echoing the colours of sand and sky through its timber benchtops and feature cabinetry, the near new kitchen impresses with Westinghouse cooking appliances, a Smeg dishwasher, and a central island bench.
Generous accommodation is led by the privately zoned main bedroom with walk in robe and deck access, serviced by a two way bathroom that functions as an ensuite. Downstairs, two further bedrooms include built in robes, while the spacious fourth offers versatility as an additional living zone.
Freestanding and benefitting from independent access, the semi self contained bungalow with split system comfort presents an exciting opportunity for guest accommodation, Airbnb income, or a private retreat for teens or multi generational living.
Set on 591sqm (approx.) of easy-care landscaped gardens, complete with two tiers of rear decking and meandering pathways, the home is further enhanced by a double lock up garage with rear pull through access, split system air conditioning, family bathroom, generous under stair storage, and a practical study nook.
Enhanced by its fabulous location mere footsteps from Paceys Park and the Blue Waters Lake Reserve with the Barwon River, iconic surf beaches, local cafs and the Ocean Grove Golf Club just moments away this is an exceptional opportunity to enjoy a serene lifestyle in a magnificent seaside setting.

Property History for 23 Blue Waters Dr, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$778,000
09 Oct 2018
Listed for Rent
$495/w
12 Nov 2013
  • 19 Jun 2026
    Listed for Sale $1,000,000 - $1,100,000
  • 09 Oct 2018
    Sold for $778,000
  • 12 Sep 2018
    Listed for Sale $729K - $799K
Sign in to see more transactions
Commute Calculator

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 11,903 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:

  • The median value for Houses in Ocean Grove is $1,026,772 while the median value for Units is $851,059.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 129 properties listed for sale, and 17 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 533 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

Market Insights
Ocean Grove Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ocean Grove Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
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.