28 Northcote Rd, Ocean Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 534m2 and floor size of 201m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
This is a solid investment on all levels. With two dwellings, panoramic views and a quiet, convenient location, opportunities such as this are rare and tightly held.The larger residence is a spacious two-bedroom home. The open plan living area with cathedral ceilings, exposed beams and bamboo flooring is a highlight. There is a sense of volume and space and the expansive vista from Pt Lonsdale to Barwon Heads can be enjoyed from the kitchen, dining, living and especially from the large sunny deck, which is the ideal outdoor entertaining spot. The master bedroom also features views and plentiful storage as well as access to a semi en-suite. The second bedroom (with semi en-suite access also) is generous in size and has a garden outlook. An oversize double garage with additional storage is a bonus as are two separate downstairs spaces that are perfect as home offices or for use as overflow accommodation. The attached one bedroom fully self-contained unit offers great potential as an income earner or accommodation for extended family. Its open plan living and kitchen is roomy yet cosy and the single bedroom with full en-suite and built in robes is light filled and spacious. A private balcony offers more sea views and private outdoor living.This elevated position on the upper slopes of Northcote Road guarantees stunning land and seascapes for evermore. While the location also promises easy accessibility to beaches, reserves, shops and amenities. There is so much potential here to harness and to create brilliance on the Bellarine.
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 11,887 properties. Over the last 5 years, Houses in Ocean Grove have seen a 24.39% increase in median value, while Units have seen a 31.47% increase. As at 30 November 2025:
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